- 16:33Madrid Requests Emergency Declaration for Rain Damage in 116 Municipalities
- 16:20El Mehdi El Jamari prepares for ONE Championship debut in Bangkok
- 16:10Positive growth in Morocco's extractive sector driven by phosphate production
- 15:50Surge in road accidents in Morocco: A call for vigilance
- 15:38U.S. embassy warns Moroccans about the dangers of illegal immigration to the U.S.
- 15:20Anticipation builds for Eid Al Fitr as crescent moon sighting approaches
- 15:10Sudan army recaptures Khartoum airport from RSF
- 14:50Strengthening ties: Spain and Morocco’s evolving relationship
- 14:38Educational group closures in Catalonia: A controversial reorganization
Follow us on Facebook
Morocco: A rising power in the automotive industry
Morocco is emerging as a key player in the automotive industry in Africa and the Mediterranean region, according to the Spanish daily Mundo Deportivo.
The country has positioned itself as a major production and export hub, supplying vehicles to over 70 countries, including France, Spain, and Italy. This growth is driven by the presence of leading car manufacturers such as Renault, Peugeot (Stellantis), and BYD.
Renault’s Tangier plant, one of the largest for the French automaker, produces over 400,000 vehicles annually. Additionally, the Citroën plant is projected to reach a production capacity of 100,000 units by 2027.
The report highlights that more than 250 automotive parts and components suppliers are now established in Morocco. This development has strengthened the country's industrial ecosystem and reduced dependence on imports.
The Moroccan automotive sector also benefits from free trade agreements with the European Union, the United States, and several African countries, which facilitate exports and lower logistics costs.
Moreover, Morocco aims to become a hub for electric vehicle production, with plans for local manufacturing of batteries and electric motors.
According to analysts cited by Mundo Deportivo, Morocco’s economic growth could reach 5% in 2025 and 2026, driven by its booming automotive industry, which now surpasses the production levels of Hungary and Romania.
Comments (0)