Renault May Build Factory in Algeria
Renault SA could sign a deal within weeks to build an assembly plant in Algeria, according to Reuters, which cites an unidentified industry source.
Renault SA could sign a deal within weeks to build an assembly plant in Algeria, according to Reuters, which cites an unidentified industry source.
The facility would be part of Renault's effort to expand sales in emerging markets. Talks had been slowed by government demands about the factory's location, size of Renault's investment and level of involvement of local suppliers, according to the French newspaper La Tribune.
In February Renault opened a €1 billion assembly plant in neighboring Morocco near Tangier with capacity to make 170,000 Dacia Lodgy MPVs. The company also makes the Kangoo van and Dacia Logan and Sandero cars at a facility in Casablanca, Morocco. But Renault is barred by trade rules from selling its Moroccan output in Algeria.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec