Mexican Media Brands
Renault Plans Factory in Algeria
Renault SA expects to sign an agreement with Algerian officials next week that will enable the company to construct an assembly plant near Oran, Algeria.
Share
Renault SA expects to sign an agreement with Algerian officials next week that will enable the company to construct an assembly plant near Oran, Algeria.
The new factory will eventually have annual capacity of as many as 75,000 subcompact vehicles, according to the company. Renault closed its original Algerian plant in 1962 after the country won independence from France.
The new facility is part of the company's push to expand sales in Africa, especially the fast-growing Algerian market, where Renault is the top-selling brand. (Its budget Dacia marque ranks fourth after Peugeot and Hyundai.) The country's auto sales surged 47% to 225,000 vehicles in the first half of 2012.
RELATED CONTENT
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
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
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
