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

Opel Mokka receives new 1.6 liter diesel engineOpel Mokka receives new 1.6 liter diesel engine
Opel announced it will extend the introduction of its new generation 1.6 liter diesel engine on the current Mokka. According to a press release published ...

Concept Cars

Buick Avenir Concept previews future designBuick Avenir Concept previews future design
Buick will attend this year Detroit Motor Show with a new concept, called Avenir. It was design to remember us of all Buick great models and features ...

Custom Cars

Aston Martin Works reveals the new Vanquish 60 anniversaryAston Martin Works reveals the new Vanquish 60 anniversary
Aston Martin Works, the customization division the British manufacturer will mark its diamond jubilee in 2015. Aston Martin will be celebrating 60 years ...

Future Cars

Bentley Bentayga is the name of future British SUVBentley Bentayga is the name of future British SUV
After a long await, Bentley finally announced the official name for its future SUV. It will be called Bentayga, as some publications announced at the ...

Green Autos

Toyota increases Mirai productionToyota increases Mirai production
Toyota is known as being the father of the hybrid segment by introducing the Prius. Now, with the new Mirai, Toyota wants to do the same in the fuel cell ...

Market News

2015 Ford Mustang starting price2015 Ford Mustang starting price
Today was a historic day for Ford in the UK. The Blue Oval introduced, for the first time, the new generation Mustang on the order lists for UK customers. ...

Gadgets

Hyundai will introduce its first app for a smartwatchHyundai will introduce its first app for a smartwatch
As technology updates very quick, even for the auto industry, Hyundai will not sit with its hands tied. The South Korean manufacturer will use this year ...

Various News

Next Boxster and Cayman to be named Porsche 718Next Boxster and Cayman to be named Porsche 718
According to our colleagues from Automobile Mag, the upcoming generation Porsche Boxster and Cayman will be sold under the 718 moniker. This isn't the ...

Videos

BMW i3 commercial for 2015 Super BowlBMW i3 commercial for 2015 Super Bowl
BMW will use this year Super Biwl XLVII to mark a publicity stunt for the new i3 electric car. It is the first time after 4 years when BMW introduces ...

Motorsports

Lamborghini Huracan GT3 unveiledLamborghini Huracan GT3 unveiled
A year after the first commercial launch of the new Huracan, the supercar that replaced the ageing Gallardo, Lamborghini presents a new version of the ...