Morocco

On July 22, Stellantis MEA announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group.

The first phase involves immediate majority control with full ownership by early 2025. Stellantis will manage the import and distribution of Peugeot, Citroën, and DS Automobiles in Morocco, adding to its existing brands Fiat, Abarth, Jeep, and Alfa Romeo.

The acquisition strengthens Stellantis' presence in Morocco, which began in 2015 with a strategic partnership with the Moroccan government. Stellantis' operations in Morocco include a robust commercial network, the first Africa Technical Center in Casablanca focusing on core technologies and future mobility, and the expanding Kenitra plant which is set to double its capacity to 400,000 vehicles by 2027.

Stellantis is committed to delivering a unified and enhanced customer experience across Morocco through the acquisition.

Based on Stellantis MEA press release

On July 12, Renault Group Morocco announced that it has launched the production of the Dacia Jogger, the first hybrid vehicle "Made in Morocco," at the Tangier plant. The 5 and 7-seater family car, intended for both national and export markets, marks a milestone by integrating hybrid engine production in Morocco.

Moroccan Minister of Industry and Trade announced that the plant's second production line will manufacture up to 120,000 Dacia Jogger hybrids annually for European and Moroccan markets. The production process involves around 30 robots in the sheet metal and assembly departments, with over 2,500 workers trained, including 700 in electronic training.

Dacia Morocco is set to release the Dacia Jogger with diesel and hybrid engines in September 2024.

Based on social media updates from Renault Group & Moroccan Minister of Industry and Trade

The Board of Changzhou Tenglong Auto Parts Co., Ltd. (Tenglong Auto) approved the establishment of a wholly-owned sub-subsidiary in Morocco with a planned investment amount of no more than EUR 6 million through Tenglong Auto’s Hong Kong subsidiary. The Tenglong Auto Moroccan sub-subsidiary will mainly manufacture products such as aluminum pipes for automotive air conditioners, air conditioner pipeline assemblies for automotive heat exchange systems, and joint pipes.

(From a Tenglong Auto press release dated June 24, 2024)