Samir Cherfan, leader of Stellantis’ Middle East and Africa regions, reported today that the company was in talks with Egyptian government leaders to expand Stellantis’ manufacturing in the country.
Cherfan reported on social media: “Today, I was honored to meet with his Excellency Egyptian Prime Minister, Dr Mostafa Madbouly, Engineer Ahmed Samir, Minister of Industry and Commerce and General Mokhtar Abdellatif, Chairman of “AOI” during a ceremony to sign a Memorandum Of Understanding between Stellantis and The General Authority for Investment & Free Zones (GAFI).”
The memorandum of understanding will kick off studies of increasing Stellantis’ “industrial footprint” in Egypt, continuing a 50-year tradition. Jeep has long assembled vehicles in Egypt, including one designed for governments and NGOs. Vehicles made in Egypt are sold in other countries, including neighboring Israel, where Stellantis as a whole has an 8.9% market share—up by 1.3 points over last year.
David Zatz started what was to become the world’s biggest, most comprehensive Mopar site in 1994 as he pursued a career in organizational research and change. After a chemo-induced break, during which he wrote car books covering Vipers, minivans, and Jeeps, he returned with Patrick Rall to create StellPower.com for daily news, and to set up MoTales for mo’ tales.
David Zatz has around 30 years of experience in covering Chrysler/Mopar news and history, and most recently wrote Century of Chrysler, a 100-year retrospective on the Chrysler marque.
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