The South African Motor Corporation, more commonly known as Samcor, was a South African car manufacturer created in 1985 through the merger of Ford's South African subsidiary and Sigma (previously known as Amcar - American Motors Corporation).
In 1988, Ford divested from South Africa and sold its 42 per cent stake in Samcor, although it would continue to sell Ford-branded automobile components for assembly and sale in the country.
Subject ID: 20713
MoreThe South African Motor Corporation, more commonly known as Samcor, was a South African car manufacturer created in 1985 through the merger of Ford's South African subsidiary and Sigma (previously known as Amcar - American Motors Corporation).
In 1988, Ford divested from South Africa and sold its 42 per cent stake in Samcor, although it would continue to sell Ford-branded automobile components for assembly and sale in the country.
In 1994, Ford bought a 45 per cent stake in Samcor, and in 1998, bought the remaining share, renaming the company Ford Motor Company of Southern Africa.
Subject ID: 20713
Subject ID: 20713