Insurance companies have decided to readjust insurance premiums. They will grant individual clients a discount, the amount of which will depend on the duration of the lockdown.
Several hundred hydrogen-powered scooters will, in the very near future, circulate in Marrakech .
The PSA Group is restarting its Kénitra plant this Thursday, May 6, 2020. Health measures have been strengthened in all industrial and commercial sites for this purpose.
Unveiled in February, the low-cost and no-license "Ami" electric car, produced in Kénitra, Morocco, will be launched on the market on May 11, the date of the entry into force of deconfinement in France. Citroën unveiled on April 27 the various offers related to this atypical model.
An analysis by the rating agency Fitch Ratings indicates that after the coronavirus crisis, Morocco will be able to benefit from the relaunch of the automotive sector. The kingdom would be at the top of the Risk/Profitability index developed by the institution, followed by Egypt.
An exceptional measure, relating to the temporary entry of tourist cars registered abroad, was announced on Wednesday by the Customs and Indirect Taxes Administration (ADII).
Motor insurance contracts that expired since March 20 last, have benefited from an exceptional measure due to the state of health emergency. According to the Moroccan Federation of Insurance and Reinsurance Companies (FMSAR), this extension period ends as of April 30.
PSA Morocco will soon resume its industrial activities, even if the recovery will be gradual. In any case, measures are being taken to ensure health safety.
Renault’s sales recorded a decline in the first quarter of 2020 due to the health crisis. This is indicated by the latest financial results of the French automaker.
The French automaker announces the "partial and gradual" restart of its two production plants in Tangier and Somaca Casablanca at the end of April.
Faced with the global health crisis, France is considering the relocation of its industries. This could have repercussions on Morocco .
Almost all sectors of activity are being hit hard by the current health crisis. The passenger car sales market in Morocco has experienced a 62.9% drop, according to AIVAM statistics.