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South Africa

South Africa FMC Acquired for $222M

South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.

Ford Produces 500K Rangers in South Africa

Ford’s assembly plant in South Africa has produced 500,000 models of the current generation Ford Ranger, a popular light commercial vehicle in the region as of late.