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China-Africa Trade Information Service
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China-Africa Trade Information Service
Furthermore, the local integration rate set at 30% under the specifications will be raised to 40% in 2027. This was disclosed yesterday in Algiers by the CEO of Stellantis Algérie to automotive journalists on the sidelines of a video conference hosted by the MENA Region Chief Operating Officer. Raoui Beji took the opportunity to restate the pride of his team and the Stellantis Group for completing the establishment of a CKD production plant in Algeria in a record time of just two years. He revealed that following the group’s recent approval of SOP (Start of Production), output of the Grande Panda has accelerated, with its commercial launch scheduled for the very near future.
Regarding the introduction of a fourth model on the Tafraoui production lines as stipulated in the agreement between Stellantis Group and Algeria, Raoui Beji only stated that the Grande Panda is the third model to enter production, and full mastery of all CKD manufacturing processes remains the top priority. Notably, the Grande Panda will roll out with a local integration rate exceeding 20%, while the Doblo has also begun CKD assembly. The executive also highlighted the group’s local subcontracting strategy. Beyond training initiatives, two roadmaps have been established: one for the manufacturing plant, where 15 suppliers are already operational and supplying 350 component references, and another for after-sales service with an equivalent number of local operators and parts references. This framework has enabled the initial export of batteries to Cameroon.
Algeria sits at the core of the regional FaSTLane 2030 strategy
On 21 May, Stellantis Group’s chief executive unveiled FaSTLane 2030, a five-year strategic plan worth €60 billion designed to boost growth and profitability. Yesterday, the top executive of Stellantis’ MENA division elaborated further on the plan, with a specific focus on Africa and the Middle East. Samir Cherfan restated the group’s targets for the MENA region: reaching an annual production volume of one million vehicles by 2030 with 90% local sourcing. He cited Algeria as a key pillar of this strategy. The group’s strong focus on Algeria is further evidenced by an upcoming visit from a delegation of its executive committee, which has been downsized from 30 to 15 members under the new corporate restructuring.
Opel project to be presented to Algerian authorities next week
When asked about the Opel project in Algeria, Stellantis MENA’s COO disclosed that “a delegation will travel to Algeria next week to present the project to Algerian authorities alongside our local partners.”
As for whether the plant, if the project is approved, will be built on a greenfield site or will consist of a new extension to the existing Fiat production facility in Tafraoui, the CEO of Stellantis Algérie stressed that no final decision has been made yet. However, the delay in launching the fourth Fiat model as agreed under the partnership deal signed between Stellantis Group and the Algerian government (represented by the FNI, National Investment Fund) suggests the latter option, which would consolidate production for both of the group’s brands at a single manufacturing site.
