A new comer to the world of used car sales platforms. The agency Share Conseil has launched ocarz.ma, a platform that aims to solve the problems faced by individuals during a sale of a vehicle. These difficulties include the lack of expertise to set a fair price for the vehicle, …
Read More »Citic Dicastal inaugurates its 2nd factory
The Chinese group Citic Dicastal inaugurated, Monday in Kenitra, the second phase of the project Dicastal Morocco Africa, for a global investment of about MAD 4 billion (350 million euros). The world leader specialized in aluminum casting and in the production of aluminum car parts, is launching a 30,000 m² …
Read More »Automotive: PSA joins forces with CETIEV for R&D
The car manufacturer PSA will join forces with the Technical Center of Vehicle Equipment Industries (CETIEV) for the development of research and development (R&D) activities in the automotive sector in Morocco. A partnership agreement will be signed next Tuesday in Casablanca in the presence of Moulay Hafid Elalamy, Minister of …
Read More »German ContiTech moves to Tangier Automotive City
The subsidiary of the Continental ContiTech Group will develop and manufacture automotive cooling systems (HVAC) at Tangier Automotive City in the Tangier Med industrial platform. This industrial project covers a total area of 5,500 m² for an investment of 3.6 million euros and will deliver the Moroccan market, as well …
Read More »Automotive industry: French Sealynx invests € 22 million in Tangier
The French company Sealynx automotive Morocco, a subsidiary of Sealynx International (GMD Group), inaugurated in Tangiers a new production unit specializing in the manufacture of automotive gaskets, for a total investment of 22 million euros. The inauguration ceremony was attended by the Minister of Industry, Trade, Green and Digital Economy, …
Read More »Automotive industry: More than 250 equipment manufacturers installed in Morocco
Morocco has been ranked, according to Agency Fitch, the fifth largest foreign exporter to Europe with an installed capacity of 700,000 vehicles, making it the No. 1 in Africa. The integration rate of the automotive industry is 60%. More than 250 equipment manufacturers have already settled in Morocco, forming an …
Read More »FT Future of the Car Summit USA: The Moroccan automotive sector in the spotlight
The Moroccan ecosystem of the automotive sector will be featured in the 2019 edition of the “FT Future of the Car Summit USA”, a flagship event on the future trends of this industry in the US market, which opens Tuesday in Detroit, Michigan, at the initiative of the prestigious financial …
Read More »Mahindra: Start of marketing vehicles in Morocco
The Comicom group, now the exclusive representative of the Mahindra brand in Morocco, presented Thursday in Casablanca, a new range of vehicles of the Indian manufacturer whose commercialization will begin October 28. Thus, the pioneering group of agricultural machinery in the national market has unveiled the mini-crossover “KUV 100”, the …
Read More »Jtekt inaugurates its first African factory in Tangier
The Japanese equipment manufacturer Jtekt has just inaugurated its plant in Tangier, the first of the African continent. With an investment of 20 million euros, or about 220 million dirhams, it will supply the Renault and PSA factories with management elements. A large portion of its production will be reserved …
Read More »Renault Group: A market share of 42.7% in Morocco
The Renault Group has, at the end of the first nine months of 2019, a combined market share of 42.7% with 49 931 deliveries, thus maintaining its position at the top of the podium of the Moroccan market. Over the month of September, the group has a market share of …
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