Truck maker Volvo to build new plant in Mexico

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© Reuters. Volvo trucks are seen for sale in Linden, New Jersey, U.S., May 23, 2022. REUTERS/Andrew Kelly/File Photo

“The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America,” it said in a statement.

Volvo expects the plant to be operational in 2026, it said.