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Moroccan car-makers want to rise car production to annual 120,000
Morocco, Economics, 5/22/2003
The Moroccan association for car industry and commerce (AMICA) said it is necessary to rise car production in Morocco to 120,000 units per year by 2010 compared to 18,517 in 2002
This ambition is justified by a number of indicators, particularly a 5 per cent annual evolution in the automobile market, and the under-motorization in the country where there are 1,6 million vehicles for over 32 million inhabitants, that is a car for 60 people, AMICA president, Ali Moamah, told a press conference on Monday.
Moamah announced that the 2nd exhibition of car technologies and services (TEC Auto) will be held on May 21-25 in Casablanca.
According to TEC Auto organizers, the automobile market in Morocco recorded in 2001 an overall volume of transactions estimated at 64,987 vehicles that were sold in 2001, including 4,500 heavy trucks, 19,641 locally-assembled cars, 28,291 imported cars and 9,500 imported second-hand cars.
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