Auto24 Morocco Partners with InDrive to Boost Driver Services

Funding | Jan 22, 2025 | Aim Group

Auto24 Morocco has forged a strategic alliance with ride-hailing app InDrive aimed at enhancing the services offered to drivers in the transportation sector. This partnership will enable InDrive’s drivers to access Auto24’s specialized services, including vehicle maintenance, upgrades, and renewals. Auto24 is committed to offering a secure and transparent customer experience, leveraging its expertise in certified used vehicles. The collaboration aligns with efforts to support professionals in the dynamic transportation sector. Auto24 Morocco's parent company, Auto24.Africa, which operates across multiple African countries, has previously partnered with AtlantaSanad Assurance. Africa Group's subsidiary Auto24 is partially owned by Stellantis, which holds a 30% stake, poised to make AI-driven car recommendations.

Sectors

  • Transportation
  • Automotive
  • Insurance
  • Technology

Geography

  • Morocco – The primary focus of the article is on Auto24 Morocco collaborating with InDrive, highlighting activities in the Moroccan market.
  • Africa – Auto24.Africa operates in multiple African countries, including South Africa, Rwanda, Ivory Coast, and Senegal, indicating the geographical scope of its operations.

Industry

  • Transportation – The partnership revolves around improving services for drivers in the transportation sector, particularly those involved with ride-hailing services.
  • Automotive – Auto24 deals with certified used vehicles and its activities directly impact the automotive industry, particularly in the buying and selling of used cars.
  • Insurance – Previous collaboration with AtlantaSanad Assurance indicates the involvement of insurance services in offering comprehensive support to automobile operations.
  • Technology – Technological expertise is implied by the mention of AI-driven car recommendations and digital ride-hailing services.

Financials

  • 30% – Stellantis acquired a 30% stake in Africar Group, contributing to Auto24.Africa's strategic funding and growth capabilities.

Participants

NameRoleTypeDescription
Auto24 MoroccoService provider to driversCompanyA subsidiary of Auto24.Africa, involved in the buying and selling of certified used vehicles and offering vehicle services.
InDriveRide-hailing app service providerCompanyA ride-hailing platform partnering with Auto24 Morocco to enhance driver services.
Auto24.AfricaParent company of Auto24 MoroccoCompanyOperates in various African countries and is a key player in the automotive market.
Africar GroupParent company of Auto24.AfricaCompanyPartially owned by Stellantis, involved in automotive business ventures across Africa.
StellantisStakeholder in Africar GroupCompanyAutomaker with a 30% stake in Africar Group, which owns Auto24.Africa.
AtlantaSanad AssurancePrevious collaborator with Auto24 MoroccoCompanyInsurance provider that has previously partnered with Auto24 Morocco.
Mehdi El MazouniCountry manager of Auto24 MoroccoPersonOversees operations and strategies at Auto24 Morocco.