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Toyota to Join Volvo, Daimler in Fuel Cell Joint Venture
By Óscar Goytia - Thu, 04/02/2026 - 10:54
Toyota joins Volvo and Daimler Truck in the cellcentric JV to scale hydrogen fuel cell production and accelerate heavy-duty transport decarbonization.
https://mexicobusiness.news/tag/volvo
More Automotive
Mexico Auto Sales Post Strongest Start Since 2005
By Óscar Goytia - Thu, 03/05/2026 - 15:30
Mexico’s auto sales hit 250,076 units in Jan–Feb 2026, the strongest start since 2005, as Chinese brands intensify competition
Mexico Light Vehicle Sales Rise 8.7% to Record January
By MBN Staff - Thu, 02/05/2026 - 13:51
Mexico light vehicle sales rose 8.7% y/y in January 2026 to 131,472 units, the highest January on record, INEGI said
Mexico’s Auto Sector Weakens Ahead of 2026 USMCA Review
By Óscar Goytia - Thu, 12/04/2025 - 12:18
Mexico’s auto industry is under pressure with FDI down 20%, exports falling and blockades hitting supply chains as the 2026 USMCA review approaches
Guadalajara to Add 53 Electric Volvo Buses by Mid-2026
By Óscar Goytia - Fri, 11/28/2025 - 14:41
Guadalajara is acquiring 53 electric Volvo buses for service by mid-2026, advancing its transit expansion ahead of the 2026 FIFA World Cup
Honda Halts Mexico Output on Chip Shortage; COMPAS Plant Closes
By Óscar Goytia - Thu, 10/30/2025 - 16:43
This week in auto news: Honda halts production in Mexico over chip shortages, while Nissan–Mercedes end JV, closing the COMPAS plant
Volvo 3Q25 Profit Beats Estimates Despite 8% Drop in Sales
By Teresa De Alba - Fri, 10/24/2025 - 17:12
Volvo posts 3Q25 operating profit above estimates, aided by US$1.9 billion cost cuts, despite an 8% drop in global vehicle sales YTD
Auto, Truck Sectors Back 50% China Tariffs; EVs Raise Concerns
By Óscar Goytia - Fri, 09/12/2025 - 08:39
Mexico’s auto and truck industries back up to 50% tariffs on Chinese imports, while EV sector warns it could slow cleaner mobility adoption
Chinese EV Makers Invest More Abroad Than at Home in 2024
By Teresa De Alba - Wed, 08/20/2025 - 14:58
Chinese EV makers invested more in overseas plants than domestic ones in 2024, marking a global market shift
Geely Debuts EX5 EV in Mexico, Undercuts Rivals
By MBN Staff - Tue, 08/12/2025 - 13:25
Geely debuts its EX5 EV in Mexico at MX$699,990, about MX$100,000 cheaper than rivals like BYD Yuan Plus and Chevrolet Equinox EV