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    Renault opens car plant in Algeria

    French motor manufacturer Renault inaugurated a multimillion-euro plant in Algeria early last week, Paris's former colony owning 51% of the factory with an initial production capacity of 25000 cars annually.
    Image source:
    Image source: Wikipedia.org

    The factory is to produce the Symbol, a sedan based on the Dacia Logan.

    Initial capacity of 25,000 cars is expected to rise to a maximum yearly output of 75,000.

    Production is destined for the Algerian market, Africa's second largest, with more than 400,000 vehicles imported every year.

    French Foreign Minister Laurent Fabius and Economy Minister Emmanuel Macron were on hand with Algerian Prime Minister Abdelmalek Sellal as the first new car rolled off the assembly lines in the country's second city, Oran.

    Source: Herald

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

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    Go to: http://www.inet.co.za
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