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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......

 Morocco's Automotive Growth Challenges Spain's Industry Leadership  

The Moroccan automotive industry is experiencing unprecedented growth, attracting substantial investments due to its competitive production costs. This rapid development is causing concern in Spain, particularly with plans to relocate the production of models like the Citroën C4 to Morocco.    Morocco:......

Stellantis Shifts Gears: Morocco's Automotive Boom Raises Questions for European Manufacturing

The automotive industry landscape is undergoing a significant transformation as Stellantis, the multinational automotive manufacturing corporation, ramps up production in Morocco while scaling back operations in Italy. This strategic move has sparked concerns among industry experts and local officials......

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......

Israel Turns to Moroccan Auto Industry Amid Supply Challenges

The Israeli automotive sector, heavily reliant on imports, is shifting its focus to Morocco to meet growing demand, according to recent reports from the Israeli economic news site 'Calcalist'. In the coming months, Israel anticipates receiving Peugeot 208 vehicles from Stellantis production facilities......

Morocco Accelerates to the Top of African Car Production

In a significant shift within Africa's automotive landscape, Morocco has overtaken South Africa as the continent's premier car manufacturer. This development, reported by L'Économiste, marks a pivotal moment in the industry's history and signals a new era for North African manufacturing......

Spain's Industrial Exodus: Over 360 Firms Shift Production to Morocco

In a significant industrial migration, more than 360 Spanish companies have transitioned their production facilities to Morocco, according to a recent report by Maghreb Online. This information, sourced from the Spanish Institute of Exports and Investments (ICEX), highlights a growing trend among Spanish......

China Partners with Morocco to Establish Pivotal Electric Battery Hub

In a significant development marking a strategic collaboration between China and Morocco, Chinese companies are channeling substantial investments into transforming the North African nation into a key hub for electric car battery production and export. With investments amounting to at least €2.45......

Stellantis Grapples with Massive Airbag Recall: A Crisis of Colossal Proportions

In a startling revelation, the Motorized Vehicle and Engine Market Surveillance Service (SSMVM) has disclosed that a staggering 8 million vehicles from the multinational automotive giant Stellantis are involved in a recall campaign due to potential defects in their airbag systems. This unprecedented......