South Africa
Automotive Section
Submit newsAdvertiseSubscribe
NewsPress Office NewsCompaniesJobsEventsPeopleMultimediaFeaturesOpinion
AdvertiseSubmit news

Industries

All industriesAgricultureAutomotiveConstruction & EngineeringEducationEnergy & MiningEntrepreneurshipESG & SustainabilityFinanceHealthcareHR & ManagementICTLegalLifestyleLogistics & TransportManufacturingMarketing & MediaPropertyRetailTourism & Travel

Features

Loeries Creative WeekPendoringEffie AwardsBizTrendsBizTrendsTVIMC ConferenceOrchids and OnionsThe Lead CreativeMore Sections..

In the news

Pace Car RentalOptixDunlop Tyres SAMann MadeEnquire about a company Biz Press Office
Agriculture
Automotive
Construction & Engineering
Education
Energy & Mining
Entrepreneurship
ESG & Sustainability
Finance
Healthcare
HR & Management
ICT
Legal
Lifestyle
Logistics & Transport
Manufacturing
Marketing & Media
Property
Retail
Tourism & Travel

News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Trending

2 days 7 days 30 days By Industry

Subscribe & Follow

Advertise your job vacancies
    Post your Job Ad here >>
    Search jobs

    Stellantis to invest more than €300m in Morocco's Kenitra plant

    Stellantis on Wednesday said it would invest more than €300m ($300m) in Morocco's Kenitra plant to double local production capacity.
    By Valentina Za
    11 Nov 2022
    11 Nov 2022
    The logo of Stellantis is seen on a flag at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS/Massimo Pinca/File Photo
    The logo of Stellantis is seen on a flag at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS/Massimo Pinca/File Photo

    The car maker said in a statement after a meeting with government officials in Rabat that it would introduce a "smart car" platform at the plant, as it strives to reach a market share of more than 22% in the region by 2030.

    Stellantis' growth plans for Middle East and Africa envisage a production capacity of one million vehicles per year by 2030.

    Read more: car manufacturing, automotive industry, car industry, Stellantis
    Share this article
    NextOptions

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/

    About Valentina Za

    Reporting by Valentina Za; Editing by Chris Reese.
    TopicsNext
    Related
    Top stories
    More news
    Let's do Biz