SHACMAN Opens First Assembly Plant in Algeria
China's truck manufacturer Shaanxi Automobile Group on Tuesday inaugurated its first assembly plant in Algeria, as part of a joint venture with its Algerian partner Mazouz Trade Group.
The inauguration ceremony was held in the assembly plant in the eastern province of Setif, with the presence of Yuan Hongming, CEO of Shaanxi Automobile, and CEO of Mazouz Group, Ahmed Mazouz.
The assembly plant that will manufacture the vehicle, under the brand "Shacman," is due to produce yearly as many as 3,000 heavy-duty trucks of international standards under the latest models, sold in both local and foreign markets.
The company also signed contracts with foreign operators from Tunisia, Egypt and Mali, where Shacman trucks assembled in Algeria would be exported.
"The establishment of an assembly plant in Algeria is another massive step in the cooperation between Shacman and Mazouz Group, and I believe such a plant would accelerate the development of automotive industry in Algeria, as we are going to train more talents and create more jobs here," said Yuan at the opening ceremony.
He further noted that "Shacman considers Algeria as its most strategic market, globally, as 40,000 heavy-duty trucks have been sold here since 2007, representing 80 percent of the Algerian trucks market share."
For his part, Mazouz stressed that "the assembly plant has been established thanks to the Algerian government's encouragement to local operators to contribute to the diversification of national economy."
Mazouz specified that this first ever assembly plant will create 8,000 jobs, including 1,600 direct jobs.
He further stressed that "the main objective of the plant is to transfer technology so that we would be able to output the first Algerian made truck."
Two other Chinese operators, namely mini trucks and passenger cars under the brand Chery, as well as buses under the brand Higer, will be soon assembled in Setif after the two brands signed partnership contracts with Mazouz Group.
The Algerian government has been making an effort in recent years to boost the automotive industry to diversify its oil-dependent economy and reduce exorbitant car imports bill which hit 7.5 billion U.S. dollars in 2014.
The North African nation has provided licences for several foreign car brands to install their assembly plants with local partners. French automaker Renault was the first to open a car assembly plant here, followed by other Asian and European brands, such as Hyundai, Kia, Volkswagen and Shacman. (www.chinatrucks.com)
- SHACMAN Delivered 37 Port Tractor Trucks in Ningbo 2018-08-09
- Shacman New M3000 Truck with Upgraded Power Hits Market 2018-08-09
- Five Heavy-duty Trucks Expected to Get Launched in Second Half Year 2018-07-31
- Shacman Trucking Jamaica To Achieve Success 2018-07-19
- Dayun Motor and Shacman Display New Electric Trucks in Beijing 2018-07-17
- Tank-Weld Starts Operation in Jamaica as SHACMAN's Sole Dealer 2018-07-16
- Shaanqi Dump Trucks Go up 96.4% to Stand at 29,503 Units in First Six Months 2018-07-09
- SHACMAN Displays its Products in Pakistan 2018-07-04
- Shacman Initial Sales in Jamaica Outperform Expectations 2018-06-27
- 1,000 Units Shaanxi Automobile and Ruijiang Concrete Mixers Delivered 2018-06-14
Submit Your Requirements, We Are Always At Your Service.
- Next Generation of Hino 500 Series to Arrive in Australia
- Foton Motor Involved in Cave Rescue Mission in Chiang Rai, Thailand
- 60.218 Billion! XCMG Ranks the First among “China’s 500 Most Valuable Brands
- JMC Looks to Boost Aussie Dealer Network
- India’s First Lithium-ion Battery Project Set to Get Underway
- Volvo Group Upbeat on Chinese Market
- XCMG Turkey Co., Ltd. and Spare Parts Center Opened in Ankara
- XCMG E-commerce Platforms Revolutionize the Supply Chain and Industrial Ecology
- Shacman Initial Sales in Jamaica Outperform Expectations
- Volvo Pushes Forward With Electric Trucks
C&C Trucks Co., Ltd.
C&C Trucks Co , Ltd (C&C Trucks), located in Sanshan Economic Development Zone, Wuhu, Anhui Province, a holding company under China International Marine Containers (Group) Co , Ltd (CIMC), is a large heavy truck enterprise integrating the research and development, production
- SAIC Hongyan Sold Over 40,000 Units Trucks from January to July
- Jiefang Heavy-duty Truck Sales Volume Reached 165,000 Units in H1 2018
- China's Commercial Vehicle Sales Reached 399,500 Units in June
- Truck Sales Exceeds Two Million Units in H1 2018
- JAC Hit Record High of 110,000 Units in Light-duty Truck Sales in H1,2018
- FAW Jiefang’s Medium-and Heavy-duty Truck Enjoys 20.9% YOY Growth in June
- Best-Selling Pickup Trucks in China--May 2018
- SAIC Hongyan Sold 559,800 Units Heavy-duty Trucks in January-May
- China Truck Makers Saw Strong Sales in May
- China Sold 162,414 Units Light Trucks in November