
Morocco's Car Sales Surge 13.8% in 2023, Dacia Leads Market
New car sales in Morocco have withstood the health crisis. Over the first eight months of the year, an increase of 13.81% was recorded for a total of 118,382 units sold.

New car sales in Morocco have withstood the health crisis. Over the first eight months of the year, an increase of 13.81% was recorded for a total of 118,382 units sold.

The Spanish Unísono Group is now part of the portfolio of the Moroccan [Intelcia]. Through this acquisition approved by the Boards of Directors of the two groups on August 6, 2021, Intelcia is expanding its international development with new capabilities in customer relationship management and digital transformation.

Morocco is moving to modernize its air force. To achieve this, the kingdom is betting on the acquisition of some cutting-edge equipment.

Morocco remains committed to its goal of reducing road accidents by 50% by 2026. In this sense, the kingdom has decided to acquire portable speed control radars.

Morocco will acquire four G550 electronic warfare and reconnaissance aircraft of the ISR type following an agreement with the American private aircraft manufacturer, Gulfstream Aerospace in 2019.

Morocco would intend to acquire Turkish T129 ATAK attack helicopters to further strengthen its armament.

Morocco attaches importance to strengthening the air surveillance capabilities of its borders. In this sense, the kingdom has acquired twelve Turkish drones.

Morocco is now France’s top customer in Africa in terms of arms acquisitions, dethroning Algeria. This emerges from the annual report on arms exports in 2020 that the French Ministry of the Armed Forces sent to Parliament.

The recovery is underway in the Moroccan real estate market. This is evidenced by the increase in real estate transactions recorded from September 2020 to the first half of this year.

Morocco is one of France’s biggest arms customers. From 2019 to 2020, French arms exports fell by nearly 41%.

Morocco plans to acquire the Ejder Yalçın armored vehicle from the Turkish manufacturer Nurol Makina. This will further strengthen its armament.

In Morocco, real estate is one of the sectors hit hard by the coronavirus. In Marrakech, for example, some riads have seen their prices plummet by 30 to 40%.