Algeria will officially inaugurate, Thursday, the Volkswagen brand. The inauguration ceremony took place in Relizane, South-West of Algiers, in the presence of the Algerian Minister of Trade and representatives of the German, Spanish and Czech embassies. The assembly plant will produce the models of Volkswagen Golf, Volkswagen Caddy, SEAT Ibiza and ŠKODA Octavia.
Mourad Oulmi, CEO of SOVAC S.P.A., said that Herbert Diess, CEO of the Volkswagen brand, will attend the inauguration ceremony, which will reveal the four models to be installed in Algeria, adding that the visit by the German official is evidence of the factory's ability to occupy the first rank in Maghreb in the installation of cars.
SOVAC S.P.A. has announced that the sale of the produced cars will be 20 percent cheaper than imported cars. The plant is the first of its kind for Volkswagen in North Africa and the second in Africa after a factory in South Africa.
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