The Renault chairman of the Europe region said that the “reasonable costs” in Morocco are a cause of satisfaction for the group.
Rabat – Philippe Buros, Senior Vice President, Chairman of Europe Region, Groupe Renault spoke about Morocco’s business market in a recent interview about the sale performances of Dacia, subsidiarity of French car manufacturer Renault.
In an interview with Europe Auto News, Buros said that the company is not thinking of expanding its production footprint.
He emphasized that the company has plants in both Morocco and Romania, where all requirements are met.
“We are in two countries with well-trained workers and reasonable costs. There is no reason to change,” Buros said.
Dacia shared positive statistics about its production in the Pitesti plant in Romania. The Renault group said that at the end of November 2019, the company “passed the half-million mark for the production of the New Duster.”
Dacia is also a market leader in Morocco.
2016 statistics from the Association of Importers of Vehicles in Morocco (AIVAM), stipulated that Dacia has sold the most cars in Morocco with 40,3914 units, up by 3.33%.
The country sold 141,033 vehicles in total by the end of October 2018 compared to 137,366 vehicles sold in the same period a year earlier.
Morocco’sautomotive industry is one of the country’s economic pillars.
Several international car manufacturers are active in Morocco, with several plants.
Morocco’s Head of Government Saad Eddine El Othmani said last week that the country produced 400,000 cars in 2018.
He added that the number will exceed 500,000 cars in 2020.
El Othmani also stated that the automotive sector in Morocco created 117,000 direct jobs between 2017 and 2018, exceeding expectations. The government’s ultimate goal was to reach 90,000 jobs in 2020.