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Tag: automotive industry
Fiat to make super-mini electric cars in Morocco factory
Italy’s automotive giant, Fiat, will resurrect its Topolino model in electric version based on Citroen Ami, already being manufactured in Kenitra plant in Morocco. Fiat ... Read More
Automotive: Japanese Sumitomo moves production to Morocco due to Russia-Ukraine war
Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and heightened ... Read More
Automotive industry: Turkish Martur Fompak injects over $35 million in new factory in Tangier
Turkish automotive supplier Martur Fompak International inaugurated an industrial plant on Tuesday, March 1 in Tangier Automotive City. Built over 38,487 m², the plant ... Read More
Morocco’s automotive industry exports up 16% in 2021
Morocco’s car industry sales rose 16% to stand at 84 billion dirhams, or $9 billion, contributing largely together with phosphates and agri-food products to a ... Read More
Morocco on course to produce 1 million cars annually-US media
Morocco has developed one of the globe’s most competitive automotive industry hubs and prepares to raise production to 1 million cars annually, US magazine “Automotive ... Read More
Morocco celebrates automotive sector achievements
Morocco has achieved two years ahead in 2018 the goals it pinned on the automotive industry, notably in terms of turnover, exports, local sourcing and ... Read More
Automotive: Yazaki & Sumitomo to invest over $103 Mln in Morocco
Japanese Corporations Yazaki, which makes car components, and Sumitomo Electric Industries will set up four plants in Morocco for a $103 million investment. These plants ... Read More
Morocco poised to unseat India, China as most competitive automotive investment destination
Morocco strives to improve its competitiveness in order to outperform India and China as the most attractive hub for automotive investments, Industry Minister Moulay Hafid ... Read More
Morocco: Car Industry Thriving with Nexteer Opening its 1st African Plant in Kenitra
Morocco’s automotive industry continues to grow at a rapid pace and attract investors thanks to the country’s political stability, low-cost labor, tax incentives and geostrategic ... Read More
Automotive sector tops Morocco’s exports
Morocco’s automotive sector exports doubled from 161 billion dirhams in 2013 to 240 billion dirhams in 2018, thus becoming Morocco’s leading exporting sector ahead of ... Read More