Volvo to spend more on Mexican truck factory despite Trump’s tariffs

URLhttps://www.globalconstructionreview.com/volvo-to-
Sourceglobalconstructionreview.com
Date Published04/07/2025

Additional Reshoring Information:

Company/Division name Volvo
Type of work Manufacturing
Reshoring category:Nearshoring
Year reshoring announced:2025
Capital investment ($):1000
Country(ies) from which reshored:Sweden
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtrucks
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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