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Keywords: Automotive Sector
Morocco’s automotive industry is set to gain another production facility as French supplier Akwel advances plans for a new industrial unit in Nouaceur, near Casablanca. The project will expand the company’s existing presence in the country while adding new manufacturing capabilities to Morocco’s......
German automaker BMW plans to reduce the number of divisions and associated management positions by around 20% by mid-2027 as part of an effort to simplify its organization and respond more quickly to changes in global markets. The restructuring will initially focus on senior management positions, although......
Morocco is strengthening its position in the global automotive industry as manufacturers increasingly reassess production costs, factory productivity and supply-chain locations. According to an Oliver Wyman analysis covering more than 250 vehicle assembly plants worldwide, Morocco recorded the lowest......
Morocco’s manufacturing sector experienced a significant contraction in the second quarter of 2026, with overall output declining by 4.5% year on year, according to data released by the High Commission for Planning (HCP) on September 16. The figures, which exclude petroleum refining, point to......
British luxury carmaker Jaguar Land Rover (JLR) plans to eliminate around 4,000 jobs over the next two years as part of a major cost-cutting program aimed at responding to mounting pressure on the global automotive market and the financial impact of a major cyberattack. The restructuring program is......
The Japanese automotive supplier Yazaki continues its industrial expansion in Morocco. The group is preparing to open a new facility in Tangier as part of a broader program that plans to create three new factories in the Kingdom.This new step confirms the gradual establishment of the Japanese group in......
Morocco is accelerating its transformation into a strategic hub for the global electric vehicle (EV) industry, expanding beyond vehicle assembly to strengthen its position across the entire EV value chain. According to a recent analysis by ICEX, Spain's public agency for international trade and investment,......
Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......
Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......