Tag: automotive industry

Fiat to make super-mini electric cars in Morocco factory

April 13, 2022

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

March 23, 2022

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

March 1, 2022

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

February 2, 2022

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

August 23, 2021

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

August 6, 2021

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

January 13, 2021

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

July 21, 2020

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

June 27, 2019

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

May 14, 2019

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