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Morocco has signed deals for 26 auto industry projects worth a total of €1.23-billion ($1.45-billion) as it seeks to build its position as an international hub for the sector. The projects announced on Monday are with companies from France, Spain, Italy, China, South Korea, Japan and the US, and are expected to create more than 11 500 jobs ...
Sopriam (French: Société de promotion industrielle automobile au Maroc) is a subsidiary of SNI Group and the exclusive distributor of Peugeot, Citroën and DS in Morocco. It was founded in 1977, Sopriam is headquartered in Casablanca, Morocco. The affiliate is the first ISO 9001 (2000) certified company in the sector, since 2003. [1]
Neo Motors is a Moroccan automobile manufacturing startup headquartered in Aïn El Aouda near Rabat, Morocco. [1] Founded in May 2018 by Nassim Belkhayat and Mohamed Mehdi Bensaid, a prototype SUV was unveiled in May 2023 during a showcase to King Mohammed VI. [2] [3] Neo Motors is the first homegrown automobile company in Morocco. [4]
Renault cars in Morocco are distributed by Renault Maroc. [14] a joint venture between Renault SAS and SNI (Mohammed VI's holding company) which controls 20% of shares. [15] Renault and Dacia cars in Morocco benefit from Non-tariff barriers to trade advantage; their cars are sold on a 7%VAT whereas other brands are sold on 20%VAT. [16]
The Circuit International Automobile Moulay El Hassan (also known as Marrakech Street Circuit and Marrakech Racetrack) is a semi-permanent street circuit in Agdal district, Marrakech, Morocco. [1] The circuit is operated by MGP. [2] It has a capacity of 10,000 spectators.
1er Rallye du Maroc: Bravard Essex: 1935 2ème Rallye du Maroc: Jean Trévoux Marcel Lesurque: Bugatti 3L 1937 3ème Rallye du Maroc: Jean Trévoux Marcel Lesurque: Hotchkiss: 1950 4ème Rallye du Maroc: Costa Preynat Simca 8 Sport 1951 5ème Rallye du Maroc: Jean Lucas Jacques Péron: Ferrari 212: 1952 6ème Rallye du Maroc: Robert Amic ...
In January 2021, Denis Le Vot became the CEO of the Dacia-Lada business unit. [46] As part of a company revamp, Renault said it would integrate the Dacia and the Lada marques into a new business unit. [47] It also unveiled a new Dacia logo and a product offensive for the Dacia marque, widening its market segments coverage. [47] [48]
In 1996 the state-owned telecommunications industry was opened up to privatization by a new law that allowed private investment in the retail sector, while the state retained control of fixed assets. In 1998 the government created Maroc Telecom (Ittiṣālāt al-Maghrib), which provides telephone, cellular, and Internet service for the country.