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Algerian Truck Maker Folding Under Competition

02 June, 2008 04:13:00 The North Africa Journal
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One of Algeria’s oldest and well-known state-owned companies, Société Nationale des Véhicules Industriels (SNVI) is quickly headed to extinction.

With the opening of foreign trade, the import sector has been the most visible culprit in hurting what used to be a flagship of Algeria’s heavy industry policies of the 1970s. But imports are just one problem. Continue reading here.

Comments (1 posted):

Mark Belliveau on 05 February, 2011 07:16:31
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The Algerian government must protect local national industries, especially SMVI, because it is a strategic automotive industry.

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