Stellantis El Djazaïr, the producer of the Fiat brand in Algeria, signed an agreement with Ikam Auto Industrie, a specialist in braking systems. This agreement is part of the supply to the after-sales network for locally manufactured Fiat vehicles, specifically for brake pads. This was stated in a Stellantis El Djazaïr communiqué this Tuesday.
This agreement falls within the framework of the plan to integrate locally manufactured components, which also foresees the potential supply to the Fiat factory in Tafraoui, in the Oran province, the same source added. The certification of compliance with international safety and quality standards obtained by the products developed by Ikam Auto Industrie enabled the signing of this agreement with Stellantis El Djazaïr. The company aims to develop in Algeria an “integrated and competitive” automotive industrial ecosystem, aiming to reach a local integration rate above 30% by 2026 and to target exports to other markets in the Middle East and Africa.