During the official opening of the $100 million government-run assembly plant in Al Iskandria in March, guests could see a small exhibit of cars, including a Chevrolet Malibu, with a legend that suggested plans for local assembly.
Between its Renault and Dacia brands, Renault Group was the largest player in Algeria in 2013 with 111,378 deliveries and 26.2% market share. The French automaker also is the first company to manufacture cars in the country.
Renault and Fiat are seeking more details about managing production, MosAvtoZil’s level of investment and the transfer price, or how much the French and Italian automakers would pay to buy back vehicles made by the Russian JV.
Improving purchasing procedures and the quality of parts sourced from Russian-owned suppliers, as well as increasing parts localization, are among the main tasks of the alliance’s partnership with AvtoVAZ.
The plan includes redesigned versions of the S80, V70, XC60, S60 and V60, as well as new V40 and XC40 for the U.S. By the time Volvo’s product offensive is complete four years from now, no vehicle in the lineup will be more than four years old....More
Today’s auto-industry executives must connect Silicon Valley and Detroit, as well as address entirely new dimensions of safety concerns, such as how to protect their customers’ privacy and data....More