FORD ANNOUNCES r1,5BN INVESTMENT

US car giant Ford allayed fears about the future of its South African manufacturing facilities by announcing a R1,5billion investment yesterday.

US car giant Ford allayed fears about the future of its South African manufacturing facilities by announcing a R1,5billion investment yesterday.

The production lives of the RoCam engines it makes in Struandale, Port Elizabeth, and the models it assembles in Silverton, Pretoria, are running out.

Silverton is to become a mass volume exporter of compact pickup trucks. - Robert Laing

X