Keywords: Automotive
Honda has reported a 37% drop in net profit for the six months ending in September, citing the impact of tariffs imposed by former U.S. President Donald Trump and a global semiconductor shortage that disrupted production at a key factory in Mexico. The Tokyo-based automaker announced on Friday that......
Austria’s Hirschmann Automotive has officially opened a new factory in Oujda Technopole, located in Morocco’s Oriental region. The facility, spanning 22,200 square meters, is part of the “Cleantech” industrial acceleration zone and represents an investment of MAD 180 million.......
China has launched its first national automotive chip testing platform in Shenzhen, a strategic move to bolster self-reliance in semiconductors amid a global chip shortage fueled by tensions with Nexperia. The facility, jointly developed by state-owned China Reform Holdings and the China Automotive Technology......
Morocco’s Prime Minister Aziz Akhannouch met with François Provost, CEO of Renault Group, on October 29, 2025, in Rabat. Joined by Morocco’s Minister of Industry and Trade, Riyad Mezzour, the meeting underscored the country’s commitment to bolstering its automotive sector and......
Porsche AG has reported its first quarterly loss since becoming a publicly traded company, with an operating deficit of €967 million ($1.1 billion) for the third quarter of 2025. This dramatic downturn reflects the luxury automaker's costly strategic pivot on electric vehicles (EVs) and weak......
Morocco is set to bolster its aerospace sector with plans to produce its first aircraft engine by 2027 or 2028, marking a significant milestone in the country’s industrial development. Minister of Industry Ryad Mezzour attributed this advancement to King Mohammed VI’s vision and Morocco’s......
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
Morocco, often called “an automotive giant,” has made the vehicle and components industry a major strategic axis of its economic development, according to the French financial daily La Tribune. Renault is the leading automotive producer in Morocco, manufacturing 413,600 units last year at......
Chinese electric vehicle manufacturer Jinxiu Shanhe Automotive has signed a landmark agreement with a Moroccan company to export 500 electric utility vehicles, marking the first step in a larger program that aims to deliver 20,000 units. The partnership also includes plans to establish a local assembly......
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