automobileEconomy

EXCLUSIVE- Passenger vehicles: 5 validated dealerships, KIA replaces Nissan


Algeria – The National Council of Investment (CNI), chaired yesterday, Monday, February 5, by Prime Minister Ahmed Ouyahia, has finally validated only five companies for the assembly of passenger vehicles, learned ALG24 from official source

These are Renault Algeria Production (RAP), SPA Sovac (Volkswagen, SEAT, Skoda), Sarl Tahkout (Hyundai), PSA Peugeot and Gloviz Kia El-Djazayer.

Gloviz KIA, a subsidiary of Global Group, will thus have its passenger car assembly plant, ousting Nissan Algeria from Sefiane Hasnaoui who was hoping to release the first Nissan vehicle by the end of 2018.

Like the old list, the news only holds five companies, whose quotas will be revealed in the coming days.

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