Volvo halts sales of heavy semi trucks in Mexico

  • Wholesale sales of Volvo's heavy trucks in Mexico plummeted 46.2% during the first 10 months of this year.
File photo: Volvo, whose truck brands include Mack and Renault, competes with Germany's Daimler and Volkswagen subsidiary Traton with its Scania and MAN brands. (AFP)
File photo: Volvo, whose truck brands include Mack and Renault, competes with Germany's Daimler and Volkswagen subsidiary Traton with its Scania and MAN brands.

Swedish auto manufacturer Volvo is discontinuing its sale of Class 8 heavy-duty semi trucks in Mexico, local unit Volvo Trucks Mexico said in a statement on Monday, citing fallout from the coronavirus pandemic and changes in the transport industry.

Wholesale sales of heavy trucks in Mexico plummeted 46.2% during the first 10 months of this year, according to national statistics agency INEGI.

Alejandro Gonzalez, a communications official with Volvo Group Mexico, told Reuters that the discontinuation of sales applies only to Volvo's three models of Class 8 trucks, which have three or more axels and are imported from the United States.

Also check these Vehicles

Find more Cars
Volvo Ex90 (HT Auto photo)
UPCOMING
₹ 1.50 Cr
Alert Me When Launched
Volvo S90 (HT Auto photo)
Engine Icon1969.0 cc FuelType IconMultiple
₹ 61.90 Lakhs
Compare
View Offers
Volvo Xc40 (HT Auto photo)
Engine Icon1969.0 cc FuelType IconPetrol
₹ 41.25 Lakhs
Compare
View Offers
Volvo Xc90 (HT Auto photo)
Engine Icon1969.0 cc FuelType IconMultiple
₹ 88.90 - 96.65 Lakhs
Compare
View Offers
Volvo Xc60 (HT Auto photo)
Engine Icon1969.0 cc FuelType IconMultiple
₹ 61.90 Lakhs
Compare
View Offers
Volvo C40 Recharge (HT Auto photo)
BatteryCapacity Icon 78 kWh Range Icon 530 Km
₹ 61.25 Lakhs
Compare

Also Read : BMW, Volvo plug-in cars under fire in Europe for emitting more than advertised

"The business units of Volvo Group Mexico will maintain their operations as normal: Volvo Buses, Volvo Financial Services, Volvo Construction Equipment and, now also, Mack Trucks," said Gonzalez.

Volvo Trucks' market share of freight and cargo vehicles in Mexico was 1.3% through October of this year, INEGI data showed, with the majority of the market dominated by Paccar Inc's Kenworth, Daimler Trucks North America's Freightliner and Navistar International.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 08 Dec 2020, 10:53 AM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.