SHOT IN THE ARM: The announcement by Ford this month that it will invest R15.8-billion in its South African operations to produce the new-generation Ranger pick-up represents a much-needed shot in the arm for the investment-starved economy, which has been battered by Covid-19 and the associated lockdowns. As part of the investment, Ford will build a chassis line at the Tshwane Automotive Special Economic Zone (TASEZ), the development of which is pictured here. TASEZ is located adjacent to Ford’s Silverton assembly plant and is being punted as Africa’s first ‘automotive city’. Besides Ford, Nissan and BMW also assemble vehicles in Tshwane.
The announcement by Ford this month that it will invest R15.8-billion in its South African operations to produce the new-generation Ranger pick-up represents a much-needed shot in the arm for the investment-starved economy, which has been battered by Covid-19 and the associated lockdowns. As part of the investment, Ford will build a chassis line at the Tshwane Automotive Special Economic Zone (TASEZ), the development of which is pictured here. TASEZ is located adjacent to Ford’s Silverton assembly plant and is being punted as Africa’s first ‘automotive city’. Besides Ford, Nissan and BMW also assemble vehicles in Tshwane.