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

2016 Nissan GT-R US prices announced2016 Nissan GT-R US prices announced
Nissan updates its performance offer for the United States market with the introduction of the 2016 GT-R supercar. The coupe which most of the journalists ...

Concept Cars

Lexus LF-SA Concept info and photosLexus LF-SA Concept info and photos
Wanting to celebrate the 25th anniversary of the very first Lexus, the LS400 saloon, the Japanese manufacturer introduced the LF-SA Concept during this ...

Custom Cars

Grand Theft Auto custom Bravado Banshee for saleGrand Theft Auto custom Bravado Banshee for sale
Straight from the video game series you might recognize the real-life version of the Bravado Banshee of Grand Theft Auto V fame. You might also be surprised ...

Future Cars

General Motors trademarksGeneral Motors trademarks
According to a recent report published by our colleagues from GM Authority, General Motors has recently trademarked the "Badlands" moniker. If we are ...

Green Autos

Audi R8 e-tron performance figures and detailsAudi R8 e-tron performance figures and details
Together with the second generation R8, Audi also unveiled the second installment of its electric supercar attempt. You guessed that right: it is the ...

Market News

Renault Captur gets new 110 hp diesel in UKRenault Captur gets new 110 hp diesel in UK
Renault will expand the Captur`s current range with the introduction of a more powerful engine. It is the 1.5 liter dCi with 110 hp, ready to offer also ...

Gadgets

Porsche Exclusive introduces Rear Seat Entertainment for Macan, Panamera and CayennePorsche Exclusive introduces Rear Seat Entertainment for Macan, Panamera and Cayenne
Porsche is introducing a special customisation option for the Cayenne, Macan and Panamera. It is a Rear Seat Entertainment system, that we first saw on ...

Various News

Caring for a brand new car properlyCaring for a brand new car properly
While your new car is under warranty, you don't necessarily have to go to the dealership to get service to maintain your new car warranty. However, car ...

Videos

Custom Lamborghini Gallardo crush half mile top speed world recordCustom Lamborghini Gallardo crush half mile top speed world record
There are many ways to measure the fastest cars top speed like 0 to 60 mph time quarter-mile. In January, a twin-turbo Lamborghini Gallardo modified by ...

Motorsports

Mercedes-AMG GT3 - First unofficial picturesMercedes-AMG GT3 - First unofficial pictures
Our colleagues from MB-Passion blog have managed to get a few pictures with the upcoming Mercedes-AMG GT3 racer. The new German supercar will be officially ...