April 22, 2017
Car dealer KIV Group and Chinese car manufacturer Foton specializing in the manufacturing of heavy vehicles signed Thursday in Algiers a deal on the creation of joint company Foton Motors Algeria, for the establishment of truck assembly and manufacturing plant in Annaba.
The agreement was signed by KIV Group general manager, Ahcene Khodja, and vice-president of Chinese Group Foton, Yang Guotao, in the presence of officials of the Industry and Mines"...Continue Reading >
April 17, 2017
At the 2017 International Distributors’ Conference, held on April 16-19, JAC reaffirmed its plan to build a strong global brand by launching and implementing a new brand upgrade strategy which will be focused on three key areas: technological innovation on products upgrade, exports, and enhanced collaboration"...Continue Reading >
April 8, 2017
The project of Peugeot PSA plant in Algeria is almost finalized and would be implemented this year, Premier Abdelmalek Sellal announced Thursday in Algiers.
"In the upcoming months, we will ink an agreement on the creation of a joint-venture between Peugeot PSA and Algerian public and private partners," said Sellal at a joint press conference with his French counterpart Bernard Caseneuve.
"...Continue Reading >
April 5, 2017
The requirements specification of the automobile sub-contracting sector has been finalized and submitted to government, said Tuesday in Algiers Industry and Mining Minister Abdessalem Bouchouareb.
The minister was attending the launch of a twining between Algeria and the European Union to develop the industrial innovation in Algeria.
...Continue Reading >
April 4, 2017
Professionalizing training on car industry will be created as part of an agreement of scientific and technical cooperation, concluded Monday in Oran between Mohamed -Boudiaf University of Sciences and Technology (USTO-MB) and Polytechnique Institute of Grenoble (France). The agreement also concerns the setting up of common projects of scientific research on the sustainable development (renewable energies, water processing, and waste recycling).
"...Continue Reading >
March 29, 2017
Arthur D. Little (ADL) today released a new study, “The Future of Automotive Mobility.” Based on a global survey of 6,500 participants, including customers, industry players and regulators, the report examines how the megatrends of electric mobility, car sharing and autonomous driving are likely to impact on the global automotive ecosystem and future OEM sales.
The"...Continue Reading >
March 27, 2017
(BUSINESS WIRE)-- Toyota Motor Corporation (Head Office: Toyota, Aichi Prefecture, Japan; President and Representative Director: Akio Toyoda; “Toyota”) and Nippon Telegraph and Telephone Corporation (Head Office: Chiyoda-ku, Tokyo, Japan; President and CEO: Hiroo Unoura; “NTT”) have agreed to collaborate on developing, verifying, and standardizing technology"...Continue Reading >
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DXY Index Hanging onto LT Trendline Support by a Thread
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