Ford manufacturing in South Africa is set to receive a significant investment boost from its parent company based in the United States.
The company issued a statement on Friday, saying that it would be investing R3-billion in its South African assembly plant.
“This significant investment reaffirms Ford’s ongoing commitment to South Africa as a local manufacturer, exporter and key employer in the automotive sector,” Vice President of operations for Ford Middle East and Africa, Ockert Berry, said in the statement.
The investment boost comes in response to a rising demand for its Ford Ranger bakkie. Demand for the bakkie has risen in demand both locally and internationally.