Automobiles brands in Morocco

Morocco, in two decades, transformed its auto industry from a rusty state to a polished one. It has a 700,000-vehicle production capacity and has employed 200,000 citizens.

This sector also contributed 22 per cent to the country’s GDP and recently generated $14 billion from exports.

One of Morocco’s standout achievements is its position as a major European exporter, surpassing some major Asian countries in car shipments to the continent.

This feat results from strategic investments and policies, providing valuable lessons for Nigeria as it seeks to develop its automotive industry.

Nigeria has one of Africa’s largest automotive markets, with about 1.15 million new and used cars bought annually, according to ODI. Despite this, the country relies heavily on imports, totalling around $708 billion in 2023.

The sector faces significant challenges, including inadequate domestic production and the perception that locally-made cars are inferior to imports. To address these issues, Nigeria launched the Nigerian Automotive Industry Development Plan (NAIDP) 2023.

First released in 2014 and revised in 2023, NAIDP is built on seven strategic enablers aimed at revitalising the sector and driving sustainable growth.

While Nigeria's automobile industry has significant potential yet to be realised, Morocco's success story offers valuable lessons, including:

Supportive government:
Morocco has implemented clear and consistent policies that support the growth of its auto industry, including quick factory approvals and subsidies for rural factories.

Skilled workforce development:
The country has invested in vocational training programs aligned with the needs of the sector, and ensuring a steady supply of skilled workers.

Technology transfer:
Global car manufacturers have established a presence in Morocco, facilitating technology transfer and knowledge sharing

Robust ecosystem of suppliers and infrastructure:
Morocco has developed a strong ecosystem of suppliers and infrastructure to support its auto industry, including the Tangiers Automotive City, which hosts factories producing various auto parts.

Focus on quality and standards:
Morocco has prioritised quality and standards in its auto industry, attracting investment from both East and West.
By replicating these strategies, Nigeria can speed up its auto sector and drive towards a more sustainable and prosperous future.

Our mission is to empower businesses with actionable insights through comprehensive data analysis and strategic research, with a focus on innovation and excellence.

Company

Quick Links

Contact

BusinessDay Intelligence