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16 Nov
09:40

PSA to build new car plant in Algeria

French car maker Groupe PSA has co-signed an agreement in Algiers with three Algerian project partners to create an Oran-based manufacturing company to build cars for the Algerian market, Kallanish learns from PSA.  The Algerian partners are Condor Electronics, Palpa Pro and Entreprise Nationale de Production de Machines-Outils (PMO). The agreement was signed as part of the France-Algeria joint economic committee (COMEFA). Groupe PSA will hold 49% of the…
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