Morocco
Morocco Poised to Capitalize on Electric Vehicle Battery Production Boom
In a few years, electric vehicles will invade the international market. This portends an opportunity for Morocco, which could invest in battery production.
Topic
Automobile
Morocco
Morocco's New Car Sales Surge 11.8% in First Five Months of 2021
During the first five months of 2021, new car sales in Morocco reached 74,049 units, an increase of 11.8% compared to the first five months of 2019.
Morocco
Swedish Industrial Giant Trelleborg Invests $5 Million in New Morocco Factory
Morocco has once again conquered a renowned Swedish group. After the installation of the furniture giant Ikea in 2015 and that of the rising star of mid-range watchmaking Daniel Wellington, it is Trelleborg’s turn to establish itself in the kingdom.
Morocco
Morocco's Automotive Exports Surge 38.9% in Q1 2021, Defying Pandemic Slump
The automotive sector has shown great resilience in the face of the impacts of the Covid-19 pandemic crisis. In the first quarter of 2021, the sector recorded growth of 38.9%.
Morocco
Renault Unveils Express: First Fully Moroccan-Designed Car to Hit Market in June
The Renault Morocco group unveiled its new gem on Tuesday, May 18, 2021 morning. The Express, the new model entirely designed in Morocco, will be on the market as of June 15.
Morocco
Morocco-Turkey Free Trade Agreement Revised: New Tariffs on 1,200 Products
The law reforming the free trade agreement (FTA) between Morocco and Turkey has come into effect. This is confirmed by the Official Bulletin of May 13, 2021.
Morocco
Morocco's Automotive Exports Surge 38.9% in Q1 2021, Boosting Economy
In Morocco, exports in the automotive sector are strongly increasing in the first quarter of 2021, reaching 38.9% for a gain of 22.6 billion dirhams. These figures show a clear progression compared to the same period in 2020, according to the Office of Foreign Exchange.
Morocco
Morocco's New Car Sales Surge 37% in Q1 2021, Led by Dacia and Renault
Car sales in Morocco are rebounding after the difficulties experienced in 2020. They are showing double-digit growth, marked by the sale of 44,000 new cars in the first three months of 2021.
Morocco
Spanish Auto Supplier Jobelsa Plans 400 Layoffs in Morocco Amid COVID Crisis
Due to the health crisis, the Spanish automotive supplier Jobelsa is considering laying off 400 more employees. But for the latter, who have been staging a sit-in for a few days, this is a false reason to get rid of them.
Morocco
Morocco's Port Traffic Surges 12.4% Despite Pandemic, Boosted by New Facilities
Morocco’s overall port traffic is doing well despite the health crisis related to the Covid-19 pandemic. According to the Ministry of Equipment, Transport, Logistics and Water, it went from 153.1 million tons in 2019 to 172.1 million tons in 2020, an increase of 12.4%.
Spain
Spanish Auto Parts Maker Lays Off 400 Workers in Tangier Amid Expansion
A Spanish car seat manufacturing company in Tangier has laid off 400 employees who have decided to organize an unlimited sit-in to protest against this mass layoff. They dispute the economic reason put forward by the company, which has just opened a subsidiary in Kenitra.
Morocco
Morocco's Auto Sales Surge 37% in Q1 2021, Signaling Recovery
The automotive market in Morocco is finally regaining its pre-crisis momentum. In March 2021, 16,717 new vehicles were sold, an increase of 18.46% compared to February 2021.