Algeria – In order to find a solution to the crisis that afflicted the automotive sector in Algeria, four (04) car manufacturers have expressed their interest in entering the Algerian market. Dzair Daily gives you more details in the following lines.
Several years have passed until the automotive sector in Algeria plunged into an unprecedented crisis! Indeed, after the suspension of the import of cars and the closure of assembly plants, the Algerian market witnessed a significant increase in car prices. In order to put an end to this situation, four (04) car manufacturers said that they are ready to settle in Algeria.
So, if you want to know more, just read the full version of this new edition dated July 21, 2022. In fact, buying a car has become an unattainable dream for the majority of Algerian citizens. To tell the truth, the current situation also worries the Algerian Association of Car Dealers in Algeria.
In detail, dealers are under tremendous pressure from the major car brands they represent. Moreover, they estimate that the Algerian market needs 1.3 million cars to face the crisis. While the file for importing new cars remains pending, the responsible authorities are planning to restart the car assembly business.
Car assembly plant in Algeria: Tougher conditions will be set
According to online media reports Algeria EcoThe head of the National Consultative Council for Small and Medium Enterprises (CNCPME), in particular, Adel Ben Sassi, gave news in this regard. According to him, four (04) car manufacturers from Europe and Asia are ready to settle in the Algerian market. Moreover, they aim to build local factories in Algeria, according to the same source.
Moreover, during the Algerian-Italian Economic Forum, Prime Minister Amine Ben Abdelrahman encouraged Italian businessmen to come and invest in Algeria’s auto industry sector. In the same context, it should be noted that the Ministry of Commerce and Export Promotion plans to set conditions related to the re-launch of this activity.
In fact, the responsible authorities provide strict regulations regarding the activity of selling new cars by dealers. This is to protect customers from car dealers who carry out the business of importing and marketing new vehicles in a chaotic manner.