Aptiv Automotive Looks to Morocco to Shift Ukraine Production
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Loading... - Brielle Durand
- 07 Apr 2022
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Irish automotive company Aptiv could move more production to Morocco after pulling out of Ukraine because of the Moscow-Kyiv ongoing crisis.
"Aptiv, based in Dublin, is trying to shift production to Poland, Romania, Serbia and possibly Morocco," Fortune journal reported on April 3.
Aptiv’s chief financial officer Joseph Massaro noted that this process will take up to six weeks, which will leave some car manufacturers short of supplies during that time.
The move comes because of the current crisis in Ukraine. Massaro said that the country “is not open for any type of normal commercial activity.”
Aptiv CEO Kevin Clark said shortly after the war started that “over the course of the last couple of months, we actually moved a couple of what I call high runner programs out of Ukraine,” Automotive News Europe said on February 25, 2022.
Aptiv is a global automotive supplier that is based in Dublin, Ireland.
Aptiv designs and manufactures vehicle components, as well as providing electrical, electronic, and active safety technology solutions to the global automotive and commercial vehicle markets.
The automotive supplier had already started construction on a factory in Oujda in January 2022 that is estimated to bring 3,500 jobs to Morocco’s eastern region. Read More...
