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Ford invests N$3 billion in production expansion
Ford invests N$3 billion in production expansion

Ford invests N$3 billion in production expansion

The all-new Ford Ranger Raptor will be assembled in South Africa as from 2019 – a new addition to the Ford Performance family.
Ford Motor Company of Southern Africa on Friday announced that it is investing R3 billion to expand production capacity at its South African manufacturing operations in order to meet growing local and international demand for the trend-setting Ford Ranger.

Along with the continued local investment, it has also been confirmed that the first-ever Ford Ranger Raptor will be produced in South Africa when it hits the market in 2019, introducing an entirely new level of off-road performance and capability to the one-ton pickup segment.

“As part of our strategic planning to accommodate the growing market volumes for the Ranger in South Africa and our export markets, the N$3 billion investment encompasses both product and capacity related actions,” said Ockert Berry, vice president Operations, Ford Middle East and Africa.

“Looking further ahead, the expanded production capacity will ensure that we are geared up and fully prepared to respond to additional future market demands for the Ranger by ramping up our production even further,” Berry added.

This significant investment reaffirms Ford’s ongoing commitment to South Africa as a local manufacturer, exporter and key employer in the automotive sector, supporting a large number of direct jobs as well as indirect employment through our extensive supplier base.

With the extensive Ranger model line-up and its segment-defining levels of technology, safety and comfort features already making it one of the country’s best-selling vehicles, the range will be bolstered in 2019 when local production of the Raptor starts at the Silverton assembly line.

“The response to our announcement that Ford will be introducing a Ranger Raptor has been phenomenal, and we’re proud to confirm that this highly anticipated performance model will be assembled in South Africa,” stated Dr Casper Kruger, managing director of Ford Motor Company Sub-Saharan Africa Region.

“This is yet another fantastic achievement for our local team, and signals our ability to produce world-class products of the highest calibre.”

The current Ranger programme has been an unprecedented success for Ford since it was launched in 2011, and the company has experienced remarkable growth in Ranger sales and market share, both locally and internationally with its export programme to over 148 markets in Europe, the Middle East and Africa.

Following the all-time record deliveries of 10 117 Rangers to local and export customers in September 2017, Ford delivered 8 646 units in October. This continues to secure Ford’s status as one of the region’s leading vehicle manufacturers and a global centre of excellence for the Ford Ranger programme.

As a new addition to the Ford Performance family, the Ford Ranger Raptor is a purpose-built, desert-racing inspired model that builds on the unrivalled heritage of Ford Performance’s legendary F-150 Raptor, the world’s most extreme production pickup.

Designed and engineered to deliver an adrenaline-pumping driving experience, the Ford Ranger Raptor sports a head-turning exterior look that exudes toughness as well as a level of capability and off-road performance never before seen in this segment. – Quickpic.co.za

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Namibian Sun 2024-05-21

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 423.60/OZ DOWN -0.0011 | Copper US$ 5.07/lb DOWN -0.0013 | Zinc US$ 3 137.30/T DOWN -0.12% | Brent Crude Oil US$ 83.10/BBP DOWN -0.0101 | Platinum US$ 1 055.18/OZ UP +0.51% Sport results: Premier League: Sheffield United 0 vs 3 Tottenham Hotspur | Crystal Palace 5 vs 0 Aston Villa | Brentford 2 vs 4 Newcastle | Brighton 0 vs 2 Manchester United | Liverpool 2 vs 0 Wolves | Burnley 1 vs 2 Nottingham Forest | Luton Town 2 vs 4 Fulham | Manchester City 3 vs 1 West Ham | Arsenal 2 vs 1 Everton | Chelsea 2 vs 1 Bournemouth LaLiga: Barcelona 3 vs 0 Rayo Vallecano | Cadiz 0 vs 0 Las Palmas | Granada 1 vs 2 Celta Vigo | Mallorca 2 vs 2 Almería | Atletico Madrid 1 vs 4 Osasuna | Villarreal 4 vs 4 Real Madrid | Valencia 1 vs 3 Girona | Real Betis 0 vs 2 Real Sociedad | Athletic Club 2 vs 0 Sevilla | Deportivo Alaves 1 vs 0 Getafe SerieA: Bologna 3 vs 3 Juventus | Salernitana 1 vs 2 Hellas Verona | AS Roma 1 vs 0 Genoa | Inter Milan 1 vs 1 SS Lazio | Monza 0 vs 1 Frosinone | Udinese 1 vs 1 Empoli | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta Weather: Katima Mulilo: 10° | 30° Rundu: 10° | 29° Eenhana: 12° | 31° Oshakati: 13° | 30° Ruacana: 12° | 31° Tsumeb: 13° | 28° Otjiwarongo: 12° | 26° Omaruru: 15° | 28° Windhoek: 11° | 25° Gobabis: 12° | 26° Henties Bay: 18° | 34° Wind speed: 47km/h, Wind direction: NE, Low tide: 08:08, High tide: 02:03, Low Tide: 20:12, High tide: 14:33 Swakopmund: 19° | 27° Wind speed: 23km/h, Wind direction: E, Low tide: 08:06, High tide: 02:01, Low Tide: 20:10, High tide: 14:31 Walvis Bay: 22° | 34° Wind speed: 25km/h, Wind direction: SE, Low tide: 08:06, High tide: 02:00, Low Tide: 20:10, High tide: 14:30 Rehoboth: 12° | 26° Mariental: 15° | 28° Keetmanshoop: 17° | 29° Aranos: 14° | 28° Lüderitz: 17° | 33° Ariamsvlei: 17° | 31° Oranjemund: 12° | 22° Luanda: 23° | 26° Gaborone: 12° | 25° Lubumbashi: 12° | 27° Mbabane: 11° | 22° Maseru: 9° | 25° Antananarivo: 10° | 17° Lilongwe: 13° | 27° Maputo: 17° | 25° Windhoek: 11° | 25° Cape Town: 15° | 19° Durban: 17° | 24° Johannesburg: 15° | 23° Dar es Salaam: 22° | 23° Lusaka: 14° | 25° Harare: 11° | 24° Economic Indicators: Currency: GBP to NAD 22.93 | EUR to NAD 19.6 | CNY to NAD 2.5 | USD to NAD 18.07 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.54 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.08 | USD to AOA 847.42 | USD to BWP 13.51 | USD to EGP 46.59 | USD to KES 130.98 | USD to NGN 1529.85 | USD to ZAR 18.07 | USD to ZMW 25.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79808.06 Down -0.33% | Namibian Stock Exchange (NSX) Overall Index 1762.08 Down -0.21% | Casablanca Stock Exchange (CSE) MASI 13426.85 Down -0.13% | Egyptian Exchange (EGX) 30 Index 27224.8 Down -0.01% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 423.60/OZ DOWN -0.0011 | Copper US$ 5.07/lb DOWN -0.0013 | Zinc US$ 3 137.30/T DOWN -0.12% | Brent Crude Oil US$ 83.10/BBP DOWN -0.0101 | Platinum US$ 1 055.18/OZ UP +0.51%