Hyundai

Articles

• Dacia Leads Moroccan Car Sales as January Auto Market Grows 6.63%
  4 February 2024, by Prince

  Morocco sold 12,084 new vehicles at the end of January 2024, representing an increase of 6.63% compared to the same period last year, according to updated data from the Association of Vehicle Importers in Morocco (AIVAM).
  Of the 12,084 new vehicles sold, there are 11,074 passenger cars (VP), i.e. 5.54% more than in 2023, and 1,010 light commercial vehicles (VUL), representing a 20.24% increase, reveals the AIVAM in its latest publication of monthly statistics on the Moroccan automotive (…)

• Hyundai Signs 3-Year Deal as Official Transporter for Morocco’s National Soccer Teams
  27 March 2019, by Said

  The South Korean brand Hyundai will now drive for the Atlas Lions by becoming their official transporter after signing an agreement with the Royal Moroccan Football Federation (FRMF).
  With a duration of three years, the agreement signed between the two parties will allow the automotive brand to "benefit from the exploitation rights of the distinctive signs of the Moroccan national football teams on all its communication media, as well as the status of Official Transporter of the national (…)

• Hyundai Delivers Hybrid Vehicles to Morocco’s National Soccer Team in Expanded Partnership
  11 September 2019, by Sylvanus

  Hybrid vehicles of the "Hyundai" brand have been made available to the Atlas Lions as part of the partnership between Global engines and the Royal Moroccan Football Federation (FRMF).
  The partnership between Global engines and the Royal Moroccan Football Federation (FRMF) is bearing fruit. In total, the company proceeded, on September 3, during a ceremony, to deliver to the institution three "Hyundai Ioniq" vehicles, a compact model that capitalizes on its hybrid technology and then on (…)

• Morocco’s Auto Sales Plummet Amid Lockdown, Hit Historic Low in April
  7 May 2020, by Sylvanus

  An unprecedented drop. After the implementation of the lockdown on March 20, the automotive market is facing a historic and catastrophic situation. New car sales continue to plummet. There is a sharp deterioration in sales (6,305 units) and a double-digit quarterly drop in sales (-20%). Statistics from the Association of Vehicle Importers in Morocco (AIVAM) testify to this accelerating sales decline. In April, there were only 1,683 vehicles sold, all categories combined.
  Compared to April (…)

• Morocco’s Car Sales Rebound in September, Still Down Overall in 2020
  3 October 2020, by Bladi.net

  The national automotive market is gradually recovering, after a period of weakness linked to confinement. The latest statistics from the Association of Importers of Assembled Automotive Vehicles (Aivam) consulted show that in September, sales reached 14,300 units, up 11.31% compared to last year.
  Despite this progress, since the beginning of 2020, sales remain in the red, down 26.41%. Part of the delay has therefore been made up, as the cumulative sales of new cars were down 43.3%. (…)

• Morocco’s Auto Sales Plummet 20% in 2023, Dacia Leads Declining Market
  7 January 2021, by Bladi.net

  The automotive sector experienced a disastrous end of the year with sales down nearly 20%, for a total volume of 133,315 vehicles. In the top 3 of sales are Dacia, Renault and Hyundai.
  The latest sales campaigns launched by dealers have not been able to straighten the bar in the automotive sector during the month of December. Only 21,426 vehicles were sold, a decrease of 2.28%. During this period, few brands were able to achieve growth by the end of 2020. In total, 116,983 passenger cars (…)

• Hyundai Motor Group Donates $500,000 for Morocco Earthquake Relief
  17 September 2023, by Sylvanus

  The South Korean conglomerate Hyundai Motor Group is showing its generosity towards the victims of the powerful and devastating earthquake that occurred in Morocco on September 8.
  Hyundai Motor Group, which includes Hyundai Motor, Kia Motors, Hyundai Mobis, has donated $500,000 through the International Federation of Red Cross and Red Crescent Societies (IFRC) to help the victims of the earthquake in Morocco. This donation will be used to provide emergency assistance and repair the (…)

• Moroccan Auto Sales Hit Record High in 2024, Led by City Cars and SUVs
  13 January, by Prince

  The Moroccan automotive market recorded sales records in 2024. Some 176,401 units, mostly city cars and SUVs, were sold last year, an increase of 9.22% compared to 2023.
  "In detail, the passenger car (VP) segment, a true barometer of the sector with a 89% share, shows 157,139 registrations, an increase of 8.15%. The light commercial vehicle (VUL) category reached 19,262 units sold, recording a 18.81% increase," says the magazine Finances News Hebdo. In the VP segment, Dacia comes first (…)

• Morocco Narrows Train Contract Bidders for 2030 World Cup Preparations
  14 February, by Prince

  The National Railway Office (ONCF) of Morocco has excluded the manufacturers Talgo (Spain) and Alstom (France) during the first phase of the contract award for the acquisition of 150 trains, in preparation for the 2030 World Cup.
  After eliminating Talgo, Alstom and the Chinese CRRC Zhuzhou Locomotive Co from this tender, the ONCF will choose between the Spaniard CAF and the South Korean Hyundai Rotem, the two still in the running. CRRC Zhuzhou Locomotive Co. had bid for the TNR and RER (…)

• Morocco Signs $1.5 Billion Rail Deal with South Korea’s Hyundai Rotem
  6 April, by Prince

  In recent years, Morocco has strengthened its economic cooperation with various Asian countries, including South Korea. The kingdom has recently signed an agreement of more than one and a half billion dollars with the company Hyundai Rotem for the development of its rail network.
  "The contract recently signed between Hyundai Rotem and the National Railway Office, concerning the delivery of double-decker electric trains, is a new proof of the attractiveness of investment in Morocco," said (…)