Tag: automotive industry

Automotive: Canadian Magna Builds Mirrors Plant in Morocco

April 26, 2019

Magna, one of Canada’s largest automobile parts manufacturers, has launched construction works for the building of a new facility in Kenitra, Morocco, to supply global ... Read More

Morocco reaps benefits of car industry strategy

February 22, 2019

One dirham in two received out of industrial exports are generated by the car industry sector which topped Morocco’s industrial exports in 2018 taking 44.5%. ... Read More

EBRD Lends €7.5 Mln to Tuyauto Gestamp Morocco

February 12, 2019

The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint ... Read More

Germany’s Kromberg & Schubert Boosts Morocco’s Car Industry Cluster

November 14, 2018

Germany’s Kromberg & Schubert, a leader in car wiring, has joined a panoply of auto-industry giants who choose to grab the investment opportunities offered by ... Read More

King Mohammed VI Follows up Automotive Industry Evolution in the Country

October 26, 2018

King Mohammed VI who is following up with keen interest the evolution of the booming automotive industry in Morocco was briefed Thursday on the extension ... Read More

Morocco to Train Africans in Car Industry

October 15, 2018

South Korea has selected Morocco to provide training for African managers in the automotive industry as the North African Kingdom has become a major global ... Read More

EBRD Lends €16 Mln to Varroc Lighting Systems Morocco

September 7, 2018

The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian ... Read More

PSA Group: Kenitra Plant to Double Production Capacity as Early as 2020

September 4, 2018

The Kenitra Peugeot plant will double its production capacity by 2020, said a PSA Group management source during a site visit organized by the Ministry ... Read More

Morocco Lures Auto Wheel Makers

July 27, 2018

Morocco is on its way to become the world’s third largest producer of aluminum wheels as it continues to attract investments by world automotive industry ... Read More

Cars Top Morocco’s Exports in First Half of 2018

July 20, 2018

Cars dominated Morocco’s exports in the first six months of 2018 with 35.973 billion Dirhams, as the country continues to attract automotive investments. Home to ... Read More