11
Nov
00:00
Renault inaugurates new Algeria manufacturing plant
Renault has inaugurated its new car manufacturing plant in Oran, Algeria, thereby kicking off the development of the country’s automotive industry, the French carmaker says.
The plant has an initial production capacity of 25,000 vehicles/year, and a second phase is under consideration that would see this expand to 75,000 vehicles/y. Algerian car sales grew from just over 250,000 units in 2011 to 425,000 units in 2013, making it Africa’s second-la…
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Very good overview of the weekly steel market.
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