financetom
Business
financetom
/
Business
/
Ford South Africa to lay off over 470 workers in car and engine plants
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ford South Africa to lay off over 470 workers in car and engine plants
Aug 28, 2025 9:53 AM

By Nqobile Dludla

JOHANNESBURG (Reuters) -Ford Motor's South African unit plans to lay off more than 470 employees as it seeks to adjust production capacity to match current and future market demands, the South African Solidarity union said on Thursday.

Ford has sent an official notice to the union and others, notifying them of its intention, Solidarity said in a statement.

The jobs affected are 391 operator positions in Silverton car assembly plant in Pretoria, 73 at Struandale engine plant in Gqeberha and 10 administrative roles, the union said.

Ford Motor Company of Southern Africa confirmed the layoffs, saying in a statement that it was making necessary adjustments to its manufacturing operations in both plants.

"These changes are part of our ongoing efforts to optimise production and respond to evolving market demands," Ford added.

Economic pressures, international political uncertainties, and the government's unfavourable policies are making the industry increasingly less competitive, Willie Venter, deputy general secretary of Solidarity said.

"When an automotive giant like Ford takes such drastic steps, it is a warning to the entire industry. We fear that further retrenchments in this industry may be inevitable if conditions do not improve quickly," Venter said.

"Without serious intervention and economic reform from our government, our country will have to endure even more job losses."

South Africa's automotive industry employs 115,000 people directly, with over 80,000 in component manufacturing alone. Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to 12 company closures and over 4,000 job losses in the South African motor and parts industry over two years, the trade minister said earlier this month.

Toyota South Africa's CEO told Reuters this month that the big seven car companies manufacturing in South Africa including Ford, Volkswagen and Mercedes-Benz, have sent a policy recommendation document to the trade minister on how to support and protect the local industry.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lawmakers urge Trump to consider new curbs on Nvidia chips used by China's Deepseek
Lawmakers urge Trump to consider new curbs on Nvidia chips used by China's Deepseek
Jan 30, 2025
WASHINGTON (Reuters) - Two U.S. Congress members are calling on President Donald Trump's administration to consider restricting the export of artificial intelligence chips made by Nvidia ( NVDA ), alleging Chinese AI firm DeepSeek has relied on them. Republican John Moolenaar and Democrat Raja Krishnamoorthi, who lead the House Select Committee on China, asked for the move as part of...
Blackstone Reportedly Close to Acquiring 50-Story Building in New York
Blackstone Reportedly Close to Acquiring 50-Story Building in New York
Jan 30, 2025
03:32 PM EST, 01/30/2025 (MT Newswires) -- Blackstone (BX) is close to acquiring a 50-story Midtown Manhattan building measuring about 1.9 million square feet, multiple media outlets reported Thursday, citing sources with knowledge of the matter. The move would mark a return to New York office deals for the real estate investor, Bloomberg reported, citing people familiar with the matter....
Boeing replaces chief of its Starliner spacecraft unit
Boeing replaces chief of its Starliner spacecraft unit
Jan 30, 2025
ORLANDO, Jan 30 (Reuters) - The vice president leading Boeing's ( BA ) Starliner spacecraft unit, Mark Nappi, has left the troubled program and was replaced by the company's International Space Station program manager, John Mulholland, a Boeing ( BA ) spokesperson told Reuters on Thursday. ...
--Baker Hughes Raises Quarterly Dividend to $0.23 a Share From $0.21, Payable Feb. 21 to Holders of Record on Feb. 11
--Baker Hughes Raises Quarterly Dividend to $0.23 a Share From $0.21, Payable Feb. 21 to Holders of Record on Feb. 11
Jan 30, 2025
03:32 PM EST, 01/30/2025 (MT Newswires) -- Price: 44.58, Change: +1.51, Percent Change: +3.49 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved