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Keywords: Automotive industry
Economic ties between Germany and Morocco are entering a more industrial phase, with both countries seeking to move beyond traditional trade toward deeper cooperation in manufacturing, technology transfer, vocational training and innovation. Berlin increasingly views Morocco as an important economic......
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......
Volvo CEO Håkan Samuelsson has warned that Europe’s automotive industry risks losing industrial capacity if manufacturers continue to face high production costs and struggle to compete with lower-cost locations. In an interview with German business daily Handelsblatt, Samuelsson compared......
A fire broke out Wednesday morning at a Chinese-backed industrial facility under construction in the Tangier Tech industrial zone, near Tangier, causing substantial material damage, according to local reports. The blaze was reported at around 8 a.m. on September 23 at a plant intended to manufacture......
Morocco is emerging as one of the most cost-competitive locations in the global automotive industry, with a new analysis by consultancy Oliver Wyman identifying the country as the world’s lowest-cost market for automotive labor per vehicle in 2024. The study, titled “Getting Under the Hood......
Toyota is preparing to enter China’s growing range-extender electric vehicle market with a new model scheduled to begin production in April 2027, marking a significant shift in the Japanese automaker’s approach to electrification. The company is reportedly targeting annual production of up......
Volkswagen has lost its place in the Euro Stoxx 50 index, ending the German automaker’s roughly 15-year presence among the leading publicly traded companies in the eurozone. The change follows the latest annual review of the benchmark, which assesses companies according to factors including free-float......
Morocco has made visible progress in adopting digital technologies, but a substantial gap remains between having access to digital tools and using them intensively across business operations. A new World Bank assessment identifies this “incomplete digitalisation” as a significant constraint......
The American industrial group Veritas has completed construction of its first manufacturing facility in Africa, choosing Tangier as the location for a new plant designed to serve Morocco’s expanding automotive ecosystem and customers across North Africa. The company announced the completion of......