First Independent Mena Newspaper
After attracting large-scale investments by automotive giants such as Renault and Peugeot, Morocco is on its way to launch two plants by two other car manufacturers in a bid to reach its production goal of 1 million cars annually, highlights Automotive News, a news website specializing in the car industry. The website quotes an adviser […]
Algeria’s Industry Minister Bedda Mahjoub expressed frustration at his country’s policy of attracting car assembly plants and threatened to close these factories due to their low integration rates. “We should put an end to the production model as most manufacturers have not improved their integration rates, he told the press after speaking to MPs. While […]
Moroccan automotive industry is gaining momentum and growing at a rapid pace due to incentives and competitive factors attracting more and more investors and makers of car parts. These factors include Morocco’s proximity to European market, modern infrastructures, free trade zones, qualified cheap manpower, open economy and stability. French car manufacturer Peugeot-Citroën has just launched […]