MILAN, Oct 13 (Reuters) – Carmaker Stellantis stated on Thursday it had signed a framework settlement with Algeria to develop actions of its Fiat model within the county, together with for native manufacturing of autos.
The deal covers a challenge for the event in Algeria of business, after-sales and spare components actions for Fiat, in addition to the event of the automotive sector within the nation, Stellantis stated in a press release, after signing the settlement with the director of cooperation of Algeria’s trade ministry.
The world’s fourth-largest carmaker, which homes manufacturers together with Peugeot, Citroen, Alfa Romeo, Jeep and Opel, didn’t present additional particulars concerning the actions it is going to begin below the settlement.
“The standard of the continued discussions makes us assured concerning the growth prospects of the Fiat model, which shall be eager to fulfill the expectations of Algerian clients,” Stellantis CEO Carlos Tavares stated.
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Reporting by Giulio Piovaccari; Modifying by Emelia Sithole-Matarise
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