Tag: automotive industry

Automotive: Stellantis enhances its Presence in Morocco with acquisition of Sopriam

July 23, 2024

Stellantis, one of the world’s leading automakers, has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves ... Read More

UNCTAD contrasts Morocco’s burgeoning automotive sector with Algeria’s fiasco

August 17, 2023

The United Nations Conference on Trade and Development (UNCTAD) highlighted Morocco’s headway in the automotive sector and its growing exports that contrast with Algeria’s car ... Read More

Automotive Industry: Korean group SJM Inaugurates New Site in Tangier

May 5, 2023

The Korean group SJM inaugurated, Thursday in Tangier Automotive City (TAC), a new industrial unit specialized in the production of modules and interior components of ... Read More

Egypt seeks partnership with Japan on localization of automotive industry

May 4, 2023

Egypt’s General Authority for Investment and Free Zones has indicated that the North African country is seeking cooperation with Japan to localize the automobile industry. ... Read More

Automotive industry unseats phosphates again as Morocco’s top exporting sector

May 1, 2023

Sales abroad by all segments of the automotive sector gained traction in the first quarter this year becoming Morocco’s top exporting sector again ahead of ... Read More

Automotive Industry: Faurecia expands presence in Morocco with 4th plant

December 26, 2022

The French automotive tech company Faurecia, one of the world's leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its ... Read More

Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028

December 22, 2022

The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and ... Read More

Morocco’s automotive industry attracts over €300 Mln new investment

November 10, 2022

Stellantis group, one of the world’s leading automakers, announced on Wednesday a new investment of over €300 million in its Kenitra manufacturing facility aimed at ... Read More

Automotive industry: US company Lear opens new plant in Meknes

October 28, 2022

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to ... Read More

Motherson inaugurates new interior modules plant in Morocco

October 7, 2022

Motherson has inaugurated a new facility in Tanger Med Industrial Platform, Morocco, replacing the existing Tétouan site, which was established in 2010. According to a ... Read More