Somaca

Somaca (Société Marocaine de Constructions Automobiles) is a Moroccan car factory owned by Renault. The company was founded in 1959 in by Moroccan government with technical assistance from Fiat S.p.A. and its French subsidiary, Simca. Fiat ended its production in the end of 2003 and 26% of the company was sold to Renault.[1] In 2005 Renault bought the majority stake 54% of Somaca from Fiat S.p.A. now totalling 80% stake.[2]

It started producing Renault Kangoo in 1999 and the Dacia Logan in 2005.

References

  1. ^ "MOROCCO: SOMACA CAR MANUFACTURERS AGREE TO SELL SOME OF THEIR HOLDINGS IN MOROCCO TO RENAULT COMPANY.(Brief Article)". findarticles.com. http://findarticles.com/p/articles/mi_hb6465/is_200312/ai_n25694703/. Retrieved 2010-04-20. 
  2. ^ "RENAULT IN MOROCCO". renault.com. http://www.renault.com/en/Groupe/renault-dans-le-monde/Pages/renault-au-maroc.aspx. Retrieved 2010-04-20. 

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