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Volvo Group Mexico will invest US$26.5 million between 2014 and 2015

Karla Salinas | 05.09.2014

Volvo Buses Mexico is investing close to US$26.5 million in research and development of new buses, and in design technology, as well as enhancing their vehicles portfolio, thanks to the commercial strategy implemented by this Joint Company for the domestic market, Rafael Kisel Reinich, President and CEO, informed. 

Volvo Buses Mexico is investing close to US$26.5 million in research and development of new buses, and in design technology, as well as enhancing their vehicles portfolio, thanks to the commercial strategy implemented by this Joint Company for the domestic market, Rafael Kisel Reinich, President and CEO, informed. 

The company started disbursing this amount in the second half of this year and will continue throughout 2015. 

The project considers generating 300 direct jobs to be added to the 1,400 people currently working for this assembler, which presently reports a production level in the order of 12 full buses per day.

Source: Maquilaportal

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