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Renault and Geely Establish Powertrain Joint Venture to Drive Future Automotive Technologies

Global automakers Renault and Geely have launched a new powertrain cooperation dubbed HORSE Powertrain Limited that aims to be a leading provider of combustion engines, transmissions and hybrid systems worldwide.  Following the July 11th joint venture agreement receiving regulatory approval, Renault......

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......

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......

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......

The Automotive Industry: Morocco's Economic Powerhouse

In recent years, the automotive industry has emerged as a driving force behind Morocco's economic growth. Within a relatively short span, the sector has transformed into the nation's foremost industrial domain, attracting numerous foreign industry leaders specializing in the manufacturing of......

New Car Sales in Morocco Decrease by 3.09% in March 2024

New car sales in Morocco reached 35,680 units by the end of March 2024, marking a 3.09% decrease compared to the same period in 2023, according to monthly statistics from the Association of Automobile Importers in Morocco (AIVAM). Breaking down the numbers by segment, the registration of new passenger......

Shelter from the Storm: Mohammed V Foundation for Solidarity Provides Haven for Quake-Stricken Village

In response to the devastating earthquake that struck Al Haouz province on September 8th, the Mohammed V Foundation for Solidarity has acted swiftly to assist those affected by the disaster. Teaming up with Renault Groupe Maroc, the Foundation has introduced an innovative accommodation solution in the......

Morocco's Automotive Export Boom Surges 27%, Reaching $13.9 Billion in 2023

Morocco's automotive industry is experiencing rapid acceleration, evidenced by a remarkable 27% surge in exports in 2023, reaching $13.9 billion, as reported by the nation's foreign trade regulator. The North African kingdom has firmly established itself as a continental leader in car manufacturing,......

Renault's Bold Move: Establishing Cutting-Edge R&D Center in Tangier to Boost Moroccan Innovation

Renowned global automaker Renault is doubling down on its dedication to research and development in Morocco by unveiling plans to inaugurate its inaugural Research and Development (R&D) center in the kingdom. Situated in the bustling economic hub of Tangier, the upcoming facility is poised to welcome......