Ford invests USD 1 billion to expand Silverton Assembly for Ranger, VW production

On February 2, Ford Motor Company announced an investment of USD 1.05 billion (ZAR 15.8 billion) in its Silverton Assembly manufacturing operations – marking the biggest investment in Ford’s 97-year history in South Africa.
The overall investment includes USD 686 million (ZAR 10.3 billion) for extensive upgrades to ....

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