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President of the Republic: A decision regarding the car file will be taken before the end of the first quarter of the current year

 

The President of the Republic, Mr. Abdelmadjid Tebboune, affirmed today, Tuesday, that a decision regarding the car file will be taken before the end of the first quarter of the current year.

During his regular meeting with the national media, the President of the Republic said, “Soon, I think before the end of the first quarter of this year, a decision will be taken regarding this file,” which he described as “very complicated,” especially after the “failure” of the car assembly experience witnessed by Algeria during the past years, in which one dealer lost more than 3.5 billion dollars.

President Tebboune stressed that the desired assembly, in contrast to the “disguised import” that was known in the past, should allow the start of a real industry in which the rate of integration is not less than 30 to 40 percent, and “this is success.”

In the same context, the production of spare parts will be encouraged.

Regarding the import of cars, the President of the Republic indicated that there is a “possibility” of import, provided that “agents understand that the previous behaviors are no longer possible,”.

He also stressed that the guarantee of after-sales service will be “compulsory in the new book of specifications,” thus preventing import for those who do not have contracts and shops to guarantee this after-sales service.

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