Related
Top stories
Marketing & Media
Finance
Education
ESG & Sustainability
ICT
Agriculture
Latest jobs
| Motorsport Media Coordinator | Johannesburh | Storyteller | 12 Aug |
| More jobs | |||
Subscribe & Follow
Trending
Advertise your job vacancies
Jobs
- Motorsport Media Coordinator Johannesburh
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.
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.
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.
