Website for sale: CarSession.com is for sale!
Home » News » Renault » Renault will build its future Symbol in new Algeria plant
Renault plans to build a factory in Algeria as part of its push for expansion in Africa. Renault will start production of its low-cost Symbol model in Algeria during the second half of 2014, from which date it will also enjoy a three-year exclusivity agreement in the country.
 
The deal will see initial Symbol production - based on the latest generation Logan - with a starting capacity for all vehicles of 25,000 per year rising to a possible 75,000.
 
The agreement will start in the second semester of 2014. The deal will give exclusivity for Renault in the Algerian market which means no other automobile maker can come in and build an assembly plant. The exclusivity period starts at the start of production. This deal has been under negotiation for three years and will create around 350 jobs in Algeria to start with.
 
The factory - at Oued Tielat near the port of Oran - was chosen says Renault due to the proximity of the harbour, the road network and a qualified local labour force.
 
Renault abandoned its last Algerian factory after the former French colony's 1962 independence led to nationalization seven years later. The new plant deal would make Renault the first carmaker to restore local production.
 
New-car sales in Algeria increased 46.5 percent in the first half to 225,000 vehicles. Renault is the best-selling brand in the country with 67,132 vehicle sales in the first 10 months, followed by Peugeot at 54,500, Hyundai at 43,260 and Dacia at 32,918.

Related Articles

Leave a Comment

Fields marked with * are required
Name *:
Email *:
Comment *:
Code *:
  CAPTCHA
  • Email
  • YouTube
  • RSS
  • Twitter
  • facebook
  • feedburner

Related Specs

  1. 2006 Renault Twingo Concept

    Engine: TCE 100 Inline-4, Power: 74.6 kw / 100 bhp @ 5500 rpm, Torque: 145 nm / 106.9 ft lbs @ 3000 rpm
  2. 2004 Renault Wind Concept

    Engine: Inline-4, Power: 101.4 kw / 136 bhp, Torque: 191 nm / 140.9 ft lbs
  3. 2010 Ford Mustang

    Engine: V8, Power: 315 hp @ 6000 rpm, Torque: 325 lb-ft @ 4250 rpm
  4. 2009 Nissan 370Z

    Engine: VQ37VHR Variable Valve Timing NA V6, Power: 332 bhp @ 7000 rpm, Torque: 270 lb-ft. @ 5200 rpm
  5. 2010 Bentley Azure T

    Engine: Twin Turbocharged V8, Power: 500 bhp / 507 PS / 373 kW @ 4,200 rpm, Torque: 738 lb ft / 1,000 Nm @ 3,200 rpm

New Vehicles

Hennessey Venom GT World’s Fastest Edition
Hennessey Performance (HPE) is building a limited run of World’s Fastest Edition Venom GTs to celebrate the company’s recent top speed run of 270.4 ...

Concept Cars

BMW luxury concept expected in Beijing
BMW is to unveil a new luxury concept during this year Beijing International Auto Show, scheduled to welcome its visitors starting this Sunday, on April 20. ...

Custom Cars

Rolls-Royce Phantom Drophead Coupe Bespoke Waterspeed Collection
Donald and Joe Wales, the grandson and great grandson of pioneer record-breaker Sir Malcolm Campbell, have given their seal of approval to the first of ...

Green Autos

2014 BMW Concept X5 eDrive returns to New York Motor Show
The further refined BMW Concept X5 eDrive being exhibited at the New York Auto Show demonstrates the lengths that BMW is going to in an effort to reduce ...

Future Cars

Infiniti Q50 Eau Rouge prototype begins tests
Infiniti is pressing ahead with the evaluation of the Q50 Eau Rouge high-performance vehicle and will show footage of the testing of a prototype version, ...

Market News

Volkswagen sold 5,74 million vehicles in 2012, up 12.7 per cent
The Volkswagen Passenger Cars brand closed 2012 with a new record, delivering 5.74 million vehicles to customers, +12.7 per cent comparing with 2011 results. ...

Gadgets

Audi Online traffic light information offers 15% fuel savings
Audi is ready to add a little oil to the wheels of the daily grind with advanced traffic light recognition technology which could make driving through ...

Various News

2014 Cadillac ELR priced from $75,995
General Motors is hoping the new 2014 Cadillac ELR, a plug-in luxury coupe that goes on sale in January for $75,995. The starting price includes a $995 ...

Videos

2014 Porsche Boxster GTS video
Porsche unveiled today a promotional video for the newly introduced Boxster GTS, shot in a desert in the US. The most powerful version of the Boxster ...

Motorsports

2013 Range Rover Sport will act as a pace car for this year`s Pikes Peak run
The all-new Range Rover Sport has been confirmed as the official Pace Car for this Sunday's 91st running of the Pikes Peak International Hill Climb. Known ...