Stellantis Middle East and Africa (MEA) commented on its key Full Year 2022 results and showed its progress in implementing the Company’s Dare Forward 2030 ambitious strategic plan for the coming decade, a plan that will drive the Company to leadership in market share, customer experience and energy transition.
In September 2022, Stellantis MEA announced its contribution to the Dare Forward 2030 strategic plan with a bold strategy in the industrial, commercial, product, digitization, aftermarket and purchasing fields.
The MEA region’s ambition is to become the market leader in its area by 2030 with over one million vehicles sold by consolidating its position in the Mediterranean Crown and the French Overseas Territories achieving above 30% market share and by ramping up in Middle East, South Africa and Sub Sahara with a market share Above 12%.
“Middle East and Africa is a wide and promising region with a high growth potential. Stellantis is committed to helping develop the automotive industry across the region and is investing to strengthen its footprint to answer to the evolving mobility needs of its customers. Thanks to the strong engagement of its employees and partners, Stellantis is advancing at full speed in achieving its Dare Forward 2030 Strategic Plan,” said Samir Cherfan, Stellantis Chief Operating Officer for Middle East and Africa.
• Algeria: On March 19, 2023, we announced the first wave of investments from Stellantis and its suppliers totaling over €200 million to manufacture four models with start of production of FIAT 500 in December 2023
• Egypt: Framework agreements signed on February 23, 2023 with Egyptian Authorities to set up automobile plant in the country to strengthen our footprint and improve our position in the market.
• Morocco: Announced in November 3, 2022, Investment of over €300 million in Kenitra manufacturing facility to double local production capacity and introduce “smart car” platform to serve the commercial ambition and the region Self-sourcing capacity.
• South Africa: We announced in March 8, 2023 the signature of a Memorandum of Understanding to manufacture vehicles in South Africa. The MoU will Strengthen the position of Stellantis in South African market with the manufacturing project to be completed by 2025
• Turkey: Stellantis will increase production in Turkey, with allocation of “K0” model to Tofaş, in both mid-size light commercial vehicle and passenger car versions, planned for five brands and extending current Doblo and Tipo/Egea production, increasing the Self sourcing for the region.
• Algeria: Start of Sales on March 21, 2023. 15k orders in 2 weeks and 100 000 visitors throughout our various touchpoints
• Middle East: Strong growth potential that we are capturing with a reinforced network while continuously expanding our tailored product portfolio.
• Morocco: Stellantis is the second largest group in the market with around 18% market share in Q1 23. We are working on improving our distribution setup and network structure.
• South Africa: The Company is responding to local needs with an adapted range of products and mobility solutions such as Peugeot Landtrek and Smart car future launches.
• Turkey: On March 1, 2023, a binding agreement was signed announcing that the commercial activities for all Stellantis brands will be consolidated under Tofaş enabling increased business synergies and value creation for all Stellantis brands and segments.
• 11 launches in 77 markets in 2022 from which 2 new EV and 2 new PHEV models
• In 2022, from Turkey to South Africa crossing the Middle East, North Africa and Sub Sahara, Stellantis delivered on its promise to always better the mobility needs of customers and received the “Car of the Year” award for various models in various markets;
• Innovative and creative marketing campaigns have also been rewarded at some of the most prestigious marketing competitions, such as “Lions” and “Links,”
• 10 new platforms launched in Israel, Turkey and GCC
• 3 data management platforms launched in GCC, Israel and Turkey
• The exclusive online launch of Citroen Ami and Alfa Romeo in Turkey were sold out within one hour
• At the launch of Peugeot 408, the whole online stock was sold out in few minutes
• In 2022, Stellantis had a good dynamic in all MEA markets with +17% sales growth in 2022 vs 2021.
• Independent Aftermarket Manufacturer (IAM) sales increased by 3 times versus 2021
• To support the sales growth, the expansion of multi-brand distribution network and Eurorepar Car Service chain are planned
Motor 283 is the biggest automotive website created by a team of automotive enthusiats and this author page is used to show the readers the press releases and news posted on Motor 283 website.
Nissan has announced the expansion of its X-TRAIL range in the Middle East with the arrival of the adventure-ready 2024 X-TRAIL N-TREK. Positioned between the SV and SL trims, the X-TRAIL N-TREK boasts eye-catching design features, exuding a confident demeanor and a versatile driving experience.
This expansion underscores Nissan's commitment to offering versatile options for various lifestyles. With a range catering to outdoor enthusiasts and families seeking self-expression, the X-TRAIL series provides choices suited for both adventure-driven excursions and social outings. The N-TREK model particularly appeals to those desiring a blend of versatility and style, making it a compelling choice for adventurous families across the Middle East.
BMW has unveiled its latest updates to the 4 Series Gran Coupe lineup for the 2025 model year, bringing exciting enhancements to the performance and technology of the M440i variant, including the integration of mild hybrid technology. Building upon the success of its predecessor, the new M440i Gran Coupe boasts increased power and efficiency, along with several aesthetic and technological refinements.
In a world dominated by luxury cars adorned in predictable shades of silver, Rolls-Royce has once again demonstrated its unparalleled commitment to bespoke craftsmanship and individuality. The renowned automaker has recently unveiled the "Spirit of Expression," a captivating series of three custom-built vehicles exclusively crafted for discerning clients in China. Among these extraordinary automobiles is a lavender-hued Ghost Extended sedan affectionately named "Expressionism," which notably features the reintroduction of a classic automotive styling element: whitewall tires.
SHARE
