{"id":12286,"date":"2016-11-30T07:12:44","date_gmt":"2016-11-30T07:12:44","guid":{"rendered":"http:\/\/abdas.org\/?p=12286"},"modified":"2016-12-05T12:13:09","modified_gmt":"2016-12-05T12:13:09","slug":"volkswagen-to-build-car-assembly-plant-in-algeria","status":"publish","type":"post","link":"https:\/\/abdas.org\/2016\/11\/30\/volkswagen-to-build-car-assembly-plant-in-algeria\/","title":{"rendered":"Volkswagen to build car assembly plant in Algeria"},"content":{"rendered":"<div><img loading=\"lazy\" src=\"http:\/\/abdas.org\/wp-content\/uploads\/2016\/11\/volkswagon.jpg\" alt=\"Volkswagen to build car assembly plant in Algeria\" title=\"Volkswagen to build car assembly plant in Algeria\" width=\"300\" height=\"200\" class=\"alignleft size-full wp-image-12287\" style=\"margin:27px;\" \/><br \/>\nALGERIA: Volkswagen on Sunday signed a deal with its Algerian sales partner Sovac for the construction of a vehicle assembly plant in the North African country, officials told a news conference.<\/p>\n<p>Under the deal, worth $170 million, the plant will produce its first car in June 2017 and is expected to increase output to more than 100 vehicles a day. The assembly line will be built in Relizane, 320 kilometres (200 miles) southwest of Algiers.<\/p>\n<p>&#8220;The Volkswagen Group opted for participation in Sovac&#8230;. as we have cooperated successfully with our sales partner&#8230; for many years,&#8221; said Volkswagen executive Josef Baumert.<\/p>\n<p>&#8220;For us, this is a logical step towards increasing vehicle sales in Algeria in the long term,&#8221; he said at the signing ceremony alongside Sovac chief executive officer Mourad Oulmi.<\/p>\n<p>Algerian Industry Minister Abdesselam Bouchouareb, who also attended, said &#8220;the new joint-venture between Sovac and Volkswagen&#8230; shows that investment and innovation can be made in Algeria&#8221;.<\/p>\n<p>The plant will produce several models, including the Volkswagen Golf, SEAT Ibiza and Skoda Octavia as well as the Caddy.<\/p>\n<p>Volkswagen is the second car manufacturer to establish an assembly plant in Algeria, after France&#8217;s Renault inaugurated a multi-million-euro plant there in November 2014.\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ALGERIA: Volkswagen on Sunday signed a deal with its Algerian sales partner Sovac for the construction of a vehicle assembly plant in the North African country, officials told a news &hellip; <\/p>\n","protected":false},"author":1,"featured_media":12287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/12286"}],"collection":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/comments?post=12286"}],"version-history":[{"count":0,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/12286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media\/12287"}],"wp:attachment":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media?parent=12286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/categories?post=12286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/tags?post=12286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}