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Stellantis: 1.2 Billion Euros for Moroccan Plant
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Stellantis is expanding its plant in Kenitra, Morocco, investing €1.2 billion in the site near the capital, Rabat. The automaker plans to more than double production in the coming months and targets a capacity of 535,000 cars per year, as Samir Cherfan, Chief Operating Officer (COO) for the Middle East and Africa, announced last week. The Kenitra plant has already exceeded expectations, Cherfan explained at a ceremony marking the expansion. Afte…
With the future Giga Panda and the Fastback, a new member could soon join Fiat's Panda Family: a pick-up. This model, which, like the other derivatives of the Grande Panda, could be produced in Morocco, in the factory of Kenitra. A strategic site for Stellantis, which intends to make this plant a centrepiece of its industrial reorganization. Kenitra, the future industrial heart of the group? The Moroccan factory of Kenitra, inaugurated in 2019 u…
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