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Keywords: 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.......
Nissan has officially ended merger negotiations with Honda, abandoning plans that would have created a formidable automotive alliance. The news, reported by the Nikkei financial daily, triggered significant market movements, with Nissan's shares plummeting while Honda's stock surged on the Tokyo......
In a significant development for Morocco's automotive sector, top Japanese automotive companies embarked on a business mission to Rabat, marking an important step in strengthening economic ties between the two nations. The mission, organized by the Japan External Trade Organization in Rabat (JETRO......
Shanghai Carthane, a prominent Chinese automotive components manufacturer, has announced plans to establish a new subsidiary in Morocco under the temporary name Kaizhong Morocco. The company disclosed this strategic move on the Shanghai Stock Exchange as part of its efforts to strengthen its foothold......
German manufacturing company Leoni has inaugurated a new automotive wiring systems factory in Agadir, Morocco, representing an investment of MAD 230 million. The facility, situated in the Souss-Massa industrial acceleration zone, was officially opened on Tuesday under the supervision of Moroccan Prime......
Morocco is positioning itself to become the world's leading exporter of electric batteries by 2030, according to a recent report from a Belgian journal. This ambitious plan focuses on tapping into the European and American markets, placing the country at the heart of the global transformation of......
Tata Motors, a prominent name in Morocco’s professional vehicle market since 2021, is positioning itself for significant growth under the leadership of Ismail Amarti. Global International Motors, the brand’s exclusive distributor in Morocco, announced Amarti’s appointment as Managing......
Global Chinese Motors has announced the appointment of Moroccan Abdelhak Khadraoui as the new General Manager of the company. Khadraoui's extensive experience in the automotive industry is expected to drive the Bugshan Automotive Group subsidiary to new heights. This leadership change follows a successful......
Africa’s automotive industry is poised for transformation as Morocco, the Democratic Republic of Congo (DRC), and Zambia collaborate on a pioneering electric mobility initiative. This regional effort, aimed at developing a robust electric vehicle (EV) value chain, was launched in Lusaka, Zambia,......
