The future of the European automobile industry is being played out in Morocco

European car manufacturers are bearing the brunt of the application of regulations banning the production of internal combustion engines by 2035, under penalty of fines of up to 16 billion euros. To stop the bleeding, they prefer to invest in Morocco.

Almost all European car manufacturers have been in great difficulty since the entry into force of this European regulation in favor of electric cars. Their shares fell significantly in the last half of 2024, with a drop of 2.49% for Renault, 32.4% for Stellantis, 22.7% for Ford, 16.9% for Mercedes Benz, 16.4%. % for Volkswagen and 11.4% for BMW.