Automotive industry in Morocco | Wikipedia audio article

This is an audio version of the Wikipedia Article: https://en.wikipedia.org/wiki/Automot... 00:01:17 1 Production facilities 00:01:27 1.1 Renault 00:02:21 1.2 PSA Group 00:02:49 1.3 Fiat 00:03:19 1.4 BYD 00:03:43 2 Renault's production in Morocco 00:08:28 3 Revenues from the investment for the Moroccan government 00:10:45 4 Future investment in the automotive industry 00:12:42 5 Effects on the Moroccan GDP Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago. Learning by listening is a great way to: increases imagination and understanding improves your listening skills improves your own spoken accent learn while on the move reduce eye strain Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone. Listen on Google Assistant through Extra Audio: https://assistant.google.com/services... Other Wikipedia audio articles at: https://www.youtube.com/results?searc... Upload your own Wikipedia articles through: https://github.com/nodef/wikipedia-tts Speaking Rate: 0.8325143627851884 Voice name: en-AU-Wavenet-D "I cannot teach anybody anything, I can only make them think." Socrates SUMMARY ======= The Moroccan automotive industry is led by investment by French Renault-Nissan Alliance and PSA Group car companies. BYD leads the Chinese investment in Morocco. Investment is encouraged by the Moroccan government by removing certain taxes in the first five years in order to encourage the companies to come. Fiat ended its production role in Morocco in 2003 by selling its stake in Somaca to Renault. There is a small local manufacturing industry including Laraki. Morocco has signed deals for 26 auto industry projects worth a total of €1.23-billion ($1.45-billion) as it seeks to build its position as an international hub for the sector.The projects announced on Monday are with companies from France, Spain, Italy, China, South Korea, Japan and the US, and are expected to create more than 11 500 jobs, the government statement said. Morocco expects to produce one million vehicles with a local integration rate of 80% by 2020.Against 650,000 currently, the achievement of a rate of local integration of vehicles leaving Morocco by 80% and a turnover of 10 billion euros, with the aim to create 160,000 jobs.