SECTION A

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Read the case study below and answer ALL the questions that follow.

Ford invests $$1$ billion $($R$15\mathrm{.}8)$ to modernise, expand South African manufacturing for all$-$new ranger; adds $1,200$

jobs

Pretoria, South Africa, $2$ February $2021-$ Ford Motor Company today announced an investment of US $$1\mathrm{.}05$ billion

$($R$15\mathrm{.}8$ billion$)$ in its South African manufacturing operations $-$ marking the biggest investment in Ford's $97-$year history in

South Africa. It also represents one of the largest$-$ever investments in the South African automotive industry, boosting

Ford's production capability and creating new jobs.

"This investment will further modernize our South African operations, helping them to play an even more important role in

the turnaround and growth of our global automotive operations, as well as our strategic alliance with Volkswagen," said

Dianne Craig, president, Ford's International Markets Group. "Ranger is one of our highest volumes, most successful

global vehicles. This investment will equip our team with the tools and facilities to deliver the best Ford Ranger ever, in

higher numbers and with superior quality."

With this investment, Ford's Silverton Assembly Plant is expected to generate revenues exceeding $1\mathrm{.}1$ percent of South

Africa's gross domestic product.

The expanded production will help create $1,200$ incremental Ford jobs in South Africa, increasing the local workforce to

$5,500$ employees, and adding an estimated $10,000$ new jobs across Ford's local supplier network, bringing the total to

$60,000.$

The overall investment includes US$$686$ million $($R$10\mathrm{.}3$ billion$)$ for extensive upgrades to the Silverton Assembly Plant

that will increase production volume and drive significant improvements in production efficiency and vehicle quality.

Ford also will build new vehicle modification and training centres $-$ the latter developed to ensure all Ford employees are

equipped with the knowledge and skills required to maximize the efficiencies of the enhanced Silverton facilities.

Economic growth

The GP$-$EC High$-$Capacity Rail Freight Corridor will channel all of Ford's inbound and outbound logistics exclusively

through Port Elizabeth to support the higher production volumes. It is projected to create thousands of jobs within the

value chain.

"Ford's investment in our South Africa manufacturing operations underscores our ongoing commitment to deliver ever$-$

better veh Ford invests $$1$ billion $($R$15\mathrm{.}8)$ to modernise, expand South African manufacturing for all$-$new ranger$$ adds $1,200$

jobs

Pretoria, South Africa, $2$ February $2021$ Ford Motor Company today announced an investment of US$$1\mathrm{.}05$ billion

$($R$15\mathrm{.}8$ billion$)$ in its South African manufacturing operations $$ marking the biggest investment in Ford$$s $97-$year history in

South Africa. It also represents one of the largest$-$ever investments in the South African automotive industry, boosting

Ford$$s production capability and creating new jobs.

$$This investment will further modernize our South African operations, helping them to play an even more important role in

the turnaround and growth of our global automotive operations, as well as our strategic alliance with Volkswagen,$$ said

Dianne Craig, president, Ford$$s International Markets Group. $$Ranger is one of our highest volumes, most successful

global vehicles. This investment will equip our team with the tools and facilities to deliver the best Ford Ranger ever, in

higher numbers and with superior quality.$$

With this investment, Ford$$s Silverton Assembly Plant is expected to generate revenues exceeding $1\mathrm{.}1$ percent of South

Africa$$s gross domestic product.

The expanded production will help create $1,200$ incremental Ford jobs in South Africa, increasing the local workforce to

$5,500$ employees, and adding an estimated $10,000$ new jobs across Ford$$s local supplier network, bringing the total to

$60,000.$

The overall investment includes US$$686$ million $($R$10\mathrm{.}3$ billion$)$ for extensive upgrades to the Silverton Assembly Plant

that will increase production volume and drive significant improvements in production efficiency and vehicle quality.

Ford also will build new vehicle modification and training centres $$ the latter developed to ensure all Ford employees are

equipped with the knowledge and skills required to maximize the efficiencies of the enhanced Silverton facilities.

Economic growth

The GP$-$EC High$-$Capacity Rail Freight Corridor will channel all of Ford$$s inbound and outbound logistics exclusively

through Port Elizabeth to support the higher production volumes. It is projected to create thousands of jobs within the

value chain.

$$Ford$$s investment in our South Africa manufacturing operations underscores our ongoing commitment to deliver everbetter vehicles to our customers in South Africa and around the world, while providing opportunities for our own

employees, new team members and our communities,$$ said Neale Hill, managing director, Ford Motor Company of

Southern Africa.