Morocco to Launch Domestic Car Manufacturing with 50 Million Euro Investment in 2023
29 December 2022
Morocco plans to locally manufacture Moroccan-branded cars. The project will start in the short term and will require a 100% Moroccan investment.
Automobile
Chinese Electric Car Maker XEV Plans Manufacturing Expansion to Morocco
28 December 2022
Distributed in Italy by Venetian Campello Motors, the 100% electric Chinese city car brand XEV will soon be produced in Morocco. Negotiations are underway.
Morocco Bans Import and Sale of High-Emission Vehicles Starting 2023
27 December 2022
Morocco is continuing its efforts to reduce the impact of pollution on citizens’ health and the environment. The Ministry of Transport and Logistics and the Department of (…)
French Auto Parts Giant Faurecia to Invest $15 Million, Create 1,400 Jobs in Morocco
25 December 2022
The French company Faurecia, specialized in the manufacture of automotive equipment, will strengthen its presence in Morocco, through the creation of a new plant in Salé. In (…)
Japanese Auto Parts Giant Sumitomo to Invest $195 Million, Create 16,000 Jobs in Morocco
22 December 2022
The Japanese company Sumitomo, specialized in the manufacture of automotive cables and components, will strengthen its presence in Morocco by increasing its investments. The (…)
Moroccan Auto Sales Slump 7.4% in 2022, November Sees 12.85% Drop
5 December 2022
After three consecutive months of growth, the Moroccan automotive market has returned to a decline in sales in November 2022.
Morocco’s Auto Exports Set to Hit Record $10 Billion as Production Targets 1 Million Vehicles
23 November 2022
The Moroccan automotive sector is expected to achieve a record turnover of 100 billion dirhams in terms of vehicle exports this year, announced Ryad Mezzour, the Minister of (…)
Morocco Set to Launch NEO: First Locally Designed and Produced Car
23 November 2022
Morocco will soon launch NEO, the very first car designed and produced on Moroccan soil. The vehicle has already passed static and dynamic tests in Morocco and abroad. The (…)
Morocco’s Used Car Market Set to Surge as New Vehicle Sales Stall
21 November 2022
The 2023 Finance Bill (PLF) announces a 33.36% increase in transfer tax revenue (real estate, vehicles, etc.). Prospects seem promising for the used car market.
Stellantis Invests $300M in Morocco, Challenging Spain’s Auto Industry
20 November 2022
Morocco is emerging as a major competitor to the Spanish automotive industry, particularly that of Aragon where the sector, which has become the spearhead of the regional (…)