Volvo Group To Invest $700M In Monterrey Heavy-Duty Truck Plant, Boosting U.S. And Latin American Market Growth
Author: Benzinga Newsdesk | August 23, 2024 02:30am
The Volvo Group will build its new Mexican heavy-duty truck manufacturing plant in Monterrey. As announced on April 11, the plant will supplement the Group's U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and Mack truck sales in Mexico and Latin America. The plant is expected to be operational in 2026.
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