French automaker Renault is considering shutting down its plant in Algeria after authorities in the northern African country took measures to curb imports of car parts. The production of cars within the country was seen as a means to reduce imports. Yet, this approach proved to be inadequate in view of the rise in car parts imports, which kept car prices in Algeria higher than elsewhere in Europe. The Renault Symbol made in Algeria costs some 200,000 dinars (€1,600) more than its imported counterpart, the Dacia Logan. The price of Hyundai i10 made in Algeria is also €2,000 more expensive than the price of the same small car in France.

Source: The North Africa Journal October 07, 2019 12:11 UTC