The Presidential Daily Brief


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    Morocco’s Automotive Industry Shifts Into Gear

    Business is revving up. French carmakers like Renault and Peugeot have poured billions into the North African country, helping expand its auto exports from nothing to almost $5.3 billion. Automaking has edged out agriculture and phosphates to become Morocco’s largest industry, and economists believe it’ll drive real GDP growth this year. Fueling the trend are relatively cheap labor, infrastructure investment and history — namely the tight relationship between France and its former colony — which is lifting hope that a new revolution, one promising improved standards of living, will get rolling.

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