JOHANNESBURG (Bloomberg) -- Ford Motor Co. plans to export as many as 110,000 of its Ranger pickup trucks a year from South Africa to 148 countries under a $500 million export program, Chief Financial Officer Lewis Booth said.
Ford over the past two years has expanded its assembly plant in Pretoria, the nation's capital, to an annual production capacity of 110,000 vehicles, Booth told reporters today. Last year Ford, which also has a plant in Port Elizabeth in South Africa's Eastern Cape province, sold about 48,000 vehicles from its South African operations into southern Africa, he said.
The company, which has been plagued by malfunctions of dashboard touch-screens, has resolved communication-technology problems in new cars, Booth said. Ford dropped to 23rd from fifth in J.D. Power & Associates' most recent new-car quality survey released June 23.
"A new survey in the first quarter will show those problems have been resolved," Booth said.