PRETORIA, (CAJ News) – FORD Motor Company is investing US$1,05 billion (R15,8 billion) in its South African manufacturing operations. This marks the biggest investment in Ford’s 97-year history in the Southern African country. It also represents one of the largest-ever investments in the South African automotive industry and boosts Ford’s production capability and creating new jobs. South African President Cyril Ramaphosa attended the announcement at a media briefing attended by government and Ford officials on Tuesday. The overall investment includes US$686 million (R10,3 billion) for extensive upgrades to the Silverton Assembly Plant that will increase production volume and drive significant improvements in production efficiency and vehicle quality.