Volvo Group to invest USD 700 million in new heavy truck plant in Monterrey, Mexico

On August 23, Volvo Group announced that it will build its new heavy-duty truck manufacturing plant in Monterrey, Mexico. The plant is expected to be operational in 2026.
The company will invest approximately USD 700 million (SEK 7.2 billion) in the Monterrey plant, which will produce heavy-duty conventional vehicles....

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