X
votrepubici

Keywords:


Morocco seeks to establish Africa's largest shipyard in Casablanca

Morocco’s National Ports Agency (ANP) has initiated an international tender for a 30-year concession to operate what will become Africa’s largest shipyard in Casablanca. This ambitious project, valued at $300 million, aims to replicate Morocco’s success in automotive manufacturing by......

Morocco's automotive industry poised for global leadership

Morocco's automotive sector is experiencing remarkable growth, with ambitious production goals set to reach 2 million vehicles by 2030. This surge is accompanied by an increase in local integration and a strategic positioning on the global stage, particularly as the industry transitions towards electrification. The......

Renault Group Morocco launches engineering center to enhance technological development

Renault Group Morocco has unveiled the establishment of Renault Technology Morocco (RTMA), a new engineering center, under the leadership of Francisco José Martín Hernández, who has been appointed as its Director General as of March 1. The RTMA will operate from two strategic locations:......

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.......

Renault CEO faces parliamentary scrutiny over compensation amid French industrial challenges

In a tense session at the French National Assembly, Renault CEO Luca de Meo defended his 5.5 million euro compensation package while addressing concerns about the future of the company's former subsidiary, Fonderie de Bretagne. The hearing highlighted the stark contrast between executive pay and......

EU backs French battery plant with €48 million boost for electric Renault icons

The European Commission has approved a €48 million grant to support Envision AESC's construction of a battery manufacturing facility in Douai, northern France. The plant will produce batteries for the upcoming electric versions of Renault's iconic 5 and R4 models, marking a significant step......

Spanish enterprises shift operations to Morocco: A strategic exodus of 360 companies

In a significant business migration trend, over 360 Spanish companies have relocated their production facilities to Morocco, according to a recent report by the Spanish Institute for Foreign Trade and Investment (ICEX). This strategic move appears to be driven by companies seeking to navigate European......

SOMACA Begins Production of Renault Kardian for Domestic and Export Markets

SOMACA's historic factory in Casablanca marked the commencement of Renault Kardian production on Friday, in the presence of Minister of Industry and Commerce, Ryad Mezzour. This new compact SUV, aimed at both the local market and export to around fifteen countries, will be available in Morocco from......

Stellantis CEO Highlights Morocco’s Rising Threat to Spanish Auto Factories

Morocco aims to increase its vehicle production to one million units per year by 2025, up from the current 700,000, as part of its ambitious automotive industry growth strategy. During a recent media briefing at the 2024 Paris Motor Show, Carlos Tavares, CEO of Stellantis, praised the performance of......