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

2015 Mitsubishi Pajero facelift introduced in Japan2015 Mitsubishi Pajero facelift introduced in Japan
Mitsubishi will try to attract more Japanese customers with the 2015 version of the Pajero. ...

Concept Cars

Citroen DS 5LS R concept to debut in BeijingCitroen DS 5LS R concept to debut in Beijing
A new DS concept car will be presented at the Beijing Motor Show later this month. DS 5LS R is an all-new and unique version of the DS 5LS, which combines ...

Custom Cars

Studiotorino Porsche Cayman SStudiotorino Porsche Cayman S
Studiotorino presents today, in the area dedicated to contemporary design at the National Automobile Museum of Turin, its new coachbuilt model, the "MONCENISIO". ...

Green Autos

2015 Toyota FCV production version unveiled2015 Toyota FCV production version unveiled
Toyota unveiled the first photos and details of its first mass production hydrogen fuell cell vehicle: the FCV. ...

Future Cars

Infiniti QX30 officially confirmedInfiniti QX30 officially confirmed
Infiniti will extend the current range of premium crossover with the introduction of the QX30, the 4x4 variant of the compact Q30 hatchback, also expected ...

Market News

Volkswagen sold 5.74 million vehicles in 2012, up 12.7 per centVolkswagen 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

Land Rover transparent hood to feature on Discovery Vision ConceptLand Rover transparent hood to feature on Discovery Vision Concept
Land Rover will offer its drivers a digital vision of the terrain ahead by using magic. In other words, they will make the front of the car invisible. ...

Various News

Sammy Hagar (Van Helen) buys a Ferrari LaFerrariSammy Hagar (Van Helen) buys a Ferrari LaFerrari
Sammy Hagar, ex-lead vocalist from American rock band Van Halen, has bought an all-new Ferrari LaFerrari hypercar. Joining his already impressive car ...

Videos

Video: Consumer Reports reviews the Mitsubishi MirageVideo: Consumer Reports reviews the Mitsubishi Mirage
Consumer Reports get their hand on the new Mitsubishi Mirage. The small car is already on sale in the US and it is trying to appeal to young buyers. ...

Motorsports

Peugeot 2008 DKR officially unveiledPeugeot 2008 DKR officially unveiled
Peugeot will be returning to Dakar Rally at the beginning of 2015. To be sure they do it in a proper way, th French unveiled their 2008 DKR model, a real ...