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Nissan will invest $160 million toward a new vehicle production plant in Algeria to meet growing customer demand across Africa and produce commercial vehicles.
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Hyundai Motor Co. and Global Group of Algeria will jointly produce Hyundai’s commercial vehicles in Algeria as Hyundai continues to expand its foothold in the global commercial vehicle businesses.
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Volkswagen has opened the vehicle assembly plant as part of its joint venture with SOVAC S.P.A. to produce a lineup of VW models.
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Renault Trucks has commenced construction of an assembly plant in Meftah, Algeria, where it will assemble C and K range vehicles for the local market.
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The Volkswagen Group has signed a contract for vehicle assembly in Algeria in a joint venture with SOVAC S.P.A. Production is slated to begin in the spring of 2017.
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In early January, representatives of China-based JAC and the Algerian government signed an agreement that will establish a light-duty truck KD plant in the African country.
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Renault Trucks Algeria has presented the keys of 94 vehicles to Béjaïa Logistique, a provider in the transport and goods handling sector. An additional delivery of 65 vehicles is planned for January 2016, making a total of 159 vehicles from the new range.
Read More →The commercial vehicles market in Algeria is forecast to grow at a CAGR of 7.5 percent during 2015-20.
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The GEFCO Group, an automotive and industrial logistics company, said that it has successfully launched operations in Algeria.
Read More →The tire market in Algeria is forecast to grow at a CAGR of over 6 percent through 2020. The passenger car tire market is the dominant segment in the country's tire market, followed by commercial vehicle tire and two-wheeler tire segments.
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