X

Keywords:


Morocco and Catalonia: Strengthening Economic Bonds through Innovation and Partnership

Top business figures and diplomats from Morocco and Catalonia gathered in Casablanca on June 4th to discuss advancing commercial cooperation at the Morocco-Spain Economic Meeting with a Focus on Catalonia. The forum, hosted by Morocco's General Confederation of Enterprises (CGEM), aimed to identify......

Moroccan Automotive Industry Thrives as Vehicle Sales Climb to 64,918 Units by the End of May 2024

In a testament to the resilience and dynamism of Morocco's automotive sector, vehicle sales have soared, reaching an impressive 64,918 units sold by the end of May 2024, according to the latest figures released by the Association of Vehicle Importers in Morocco (AIVAM). This remarkable performance......

Unveiling the Electrifying Debate: The Automotive Industry's Pivotal Transition

In the midst of the European election campaign, an unexpected subject emerged into the spotlight: the electric vehicle (EV). This pivotal issue, once confined to industry circles, has taken center stage, sparking a passionate discourse that transcends party lines. Two prominent candidates, François-Xavier......

Morocco's Ascent as an Emerging EV Manufacturing Powerhouse Raises Concerns in Spain

Morocco's strategic geographical location, affordable labor force, abundance of raw materials, and renewable energy resources have positioned the North African nation as an emerging powerhouse in the electric vehicle (EV) manufacturing industry, raising concerns among its European neighbors, particularly......

Tanger Tech Forges Ahead: Securing $910 Million Chinese Investment Deals

In a significant stride toward bolstering Morocco's automotive industry, agreements have been signed for the establishment of two major industrial projects at the Mohammed VI Tangier Tech City. These projects are operated by global leaders in the automotive battery industry: the HAILIANG Group and......

Premium Marques Shine as Moroccan Auto Market Faces Turbulence

In 2024, Morocco's automotive sector experienced some turbulence, with domestic new car sales dipping by 0.71% year-over-year through April. Despite this downturn, the luxury vehicle segment has shown remarkable resilience, defying broader market headwinds. Data from the Association of Automobile......

Morocco's Manufacturing Renaissance Propels Export Surge

Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......

Automotive Sales: 48,948 Units Sold by End of April 2024

New car sales in Morocco reached 48,948 units during the first four months of 2024, representing a slight decline of 0.71% compared to the same period in 2023, according to the Moroccan Association of Automotive Importers (AIVAM). In terms of segments, new registrations for passenger vehicles (PV) decreased......

Morocco Takes the Wheel as Regional Automotive Powerhouse

In a remarkable success story, Morocco has firmly established itself as a regional leader in the automotive industry, driven by sustained growth and an unwavering commitment to excellence. With more than 250 suppliers and equipment manufacturers, Morocco's automotive ecosystem has proven its resilience,......