The Moroccan automotive market had a dynamic year in 2024 with 176,401 new vehicles sold, an increase of 9.22% compared to 2023. However, the market has not yet returned to its record level of 2018.
European automakers are bearing the brunt of the effects of the implementation of regulations banning the production of internal combustion engines by 2035, under penalty of fines of up to 16 billion euros. To stop the bleeding, they prefer to invest in Morocco.
Moroccans are barely able to own a vehicle while the automotive sector in Morocco is booming. This is revealed by a recent survey by Sunergia in collaboration with L’Économiste.
Bad news for Moroccan motorists. Fuel prices will increase as of January 1, 2025.
Initially set for January 2025, the adoption by Morocco of the European environmental standard Euro 6 for the homologation of new vehicles marketed in the national market will only be effective from January 1, 2027, confirms the Ministry of Transport and Logistics.
Three taxi drivers chased a VTC driver at the Rabat bus station, causing outrage among Moroccans. These four individuals were arrested and placed in police custody.
Algeria recently celebrated the assembly of the first "Fiat" car, 98% of whose spare parts were manufactured in Morocco.
To meet growing demand, Stellantis will increase production of its 3-cylinder turbocharged PureTech gasoline engine. The automotive group has decided to expand its production by integrating new assembly lines at its plant in Kénitra, Morocco.
The Chinese battery giant Gotion High-Tech will invest up to 1.3 billion euros in Morocco to build a lithium-ion battery factory.
In Tangier, a clean-up operation against abandoned cars. The local authorities have launched a large-scale offensive against vehicles abandoned on public roads.
Morocco displays great economic ambitions. Its geographical position, close to Europe, its competitive workforce and its international alliances, particularly with the United States and Spain, work in its favor. Rabat is drawing inspiration from the Spanish growth model to boost its economy, notably by betting on the automotive industry.
Forvia continues its expansion in Morocco. The automotive supplier has recently inaugurated a new factory in Salé, its third in the kingdom.