First Independent Mena Newspaper
The Moroccan government and Renault Group have signed an amendment to their existing investment agreement, marking a significant new chapter in the strategic partnership between the Kingdom and the French automotive manufacturer. Under the agreement, signed in Rabat, Renault will expand its operations to open its platforms to more hybrid and electric car production. Renault […]
Renault Technology Morocco (RTMA) is establishing a new engineering center at Tétouan Shore, strengthening the French automaker’s technological footprint in Morocco as the kingdom emerges as a critical link in Renault’s global value chain. The research and development center will spearhead vehicle renewal and development projects for Renault Group while supporting Moroccan manufacturing operations. The […]
The Moroccan plant of French carmaker Renault reported a 9.3% increase in manufactured vehicles to 382,661, placing the factory as the second largest within the Renault group in terms of output volume. The figures were given by head of Renault Maroc, Mohamed Bachiri, who said 90% of produced vehicles were sold in 68 countries. Morocco-produced […]
Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian SUV, in a move to conquer emerging markets. The car manufacturer made announcement at the inauguration in Brazil of its Renault Design Center LatAm and its new Kardian SUV, in […]
Morocco’s automotive exports reached $8.8 billion between January and August this year, a jump of 35.6% year on year, says “FDI Intelligence” in its latest report on the investment opportunities offered in the North African Kingdom. This impressive growth highlights the sector’s leading position in the country’s overall exportation, as it outperforms the sectors of […]
On the occasion of the tenth anniversary of the launch of its Tangier factory, Renault said it will start making super-mini electric vehicles there by 2023. The two-seat small urban car will be produced by Renault’s affiliate Mobilize in a bid to tap into a growing market of electric vehicles. The new car will be […]
The outbreak of the coronavirus has crippled the global supply chain for the automotive sector which, coupled with a demand crisis, has triggered a lethargy in the car industry fabric globally with Morocco being no exception. Morocco has made the automotive sector a pillar of its industrial strategy attracting large-scale investments by world giants such […]
Car manufacturers are interested to maintain operations in Morocco where production costs are one of the most competitive globally, Industry Minister Moulay Hafid El Alamy said. Speaking to MPs, he denounced as baseless the claims that France will call back its car production plants because of the crisis caused by Covid-19. Thanks to Morocco’s competitiveness, […]
French carmaker PSA plans to build on the competitiveness of its Morocco plant to achieve leadership in a car segment of cost-efficient cars, head of PSA Maghreb said. “With Peugeot 208 made in Morocco, we aim at being leaders in this segment. Other beautiful surprises will take place in the future,” said PSA Maghreb director […]
French automaker Renault is considering shutting down its plant in Algeria after authorities in the northern African country took measures to curb imports of car parts. The Algerian news agency APS said the French carmaker will close its plant next November after Algeria imposed measures to reduce bill of imports of semi knocked down and […]