Did you know? In Algeria, one out of every four vehicles is sold by the Renault group, leader of the passenger car/LCV segment since 2009. 2012 was an excellent year, with group market share of 26% and 113,700 vehicles sold. The Algiers Motor Show - opened until March 29 - is a great opportunity to witness the visitor's huge appetite for
Renault, SNVI (Société Nationale de Véhicules Industriels, Algeria's National Company of Industrial Vehicles) and the country’s National Investment Fund (FNI) signed a shareholders’ agreement on December 19, 2012, in Algiers for the creation of a joint venture (owned 51 percent by the Algerian partners and 49% by Renault) to develop the automotive industry in Algeria and support local market growth.