Trade Ministry Asks The Car Dealerships To Launch The Installation Industry Before 2017

Trade Ministry asked the car dealerships to show commitment to the realisation of projects for investment in the car industry before 2017.

In the same context it threatened them to withdraw licenses to import cars and stop their renewal for 2017.

A correspondence by the General Secretary at the ministry to the dealerships read; “In accordance with Article 52 of the Finance Act 2014, I am honoured to remind you that the car dealerships must obtain approval from the Ministry of Industry and Minerals, in order to embody the industrial or semi-industrial investments, and launch the installation of cars”.

Trade Ministry asserted on the need to invest in the field of automobile manufacturing, as stipulated by Article 52 of the Finance Act 2014, which set a maximum period of three years with effect from January 1, 2014 in order to open factories to manufacture cars for the existing dealerships, and provided to obtain a license for others”.

“Car dealerships who did not start the industrial activity will be subject to penalties of up to withdrawing the consent, and therefore they will not be eligible for obtaining licences for importing cars”.

This decision comes after a set of warnings by the Prime Minister, Abdelmalek Sellal, and the Minister of Industry, Abdessalam Bouchouareb.

It should be noted that there is only one plant that installs cars, which produces two types of tourist vehicles, is Renault factory in Oran (Western Algeria), while three dealerships made requests for the installation of cars, which are Peugeot, Sovak and Tahkout.