Showing posts with label Algeria; Homegrown Manufacturing; Domestic Automotive Industry. Show all posts
Showing posts with label Algeria; Homegrown Manufacturing; Domestic Automotive Industry. Show all posts

Sunday, February 12, 2017

Algeria Buckles Up For Homegrown Auto Drive

Facing up to a sharp drop in oil prices, its main revenue source, Algeria has launched a "new economic model" to reduce reliance on crude by developing its domestic car industry
Once one of Africa's biggest car buyers, Algeria is embarking on an ambitious programme aimed at replacing hundreds of thousands of foreign imports with domestically produced models to keep drivers on the road.