Ford leaves Australia.
- Thread starter Sudden
- Start date
TLSheff
New member
I was expecting an article, a quote with a reason why, alot more than
[h=2]Ford leaves Australia.[/h]
That's a bad deal.
Ford Australia to stop making cars
Decision to end manufacturing means the loss of 1,200 direct jobs and knock-on for communities and parts suppliers
AP - Sydney
22 May 2013
Ford is closing its two Australian auto plants and ending production of cars including the Falcon in 2016 amid soaring manufacturing costs and plummeting sales.
The closure of the automaker's plants in the state of Victoria will mean the loss of 1,200 direct jobs, as well as affecting industries that supply parts and support, and will leave Ford as an import-only brand in Australia. Ford began making cars in Australia in 1925 and is the third-largest carmaker in the country.
"We understand the very real impact that this will have on our team," Ford Australia president Bob Graziano told reporters at the company's Melbourne plant. "We came to this conclusion only after thoroughly reviewing our business and exhausting all other alternatives."
Australia's high dollar has put pressure on the country's carmakers, with locally produced cars more expensive than those made overseas. In April Ford's chief competitor, Holden, said it was cutting 500 jobs amid the high dollar and falling demand.
"The strength of the Australian dollar bears down on Australian manufacturing and it does make it a difficult environment for manufacturing to prosper," Julia Gillard, the Australian prime minister, said following Ford's announcement.
The carmaker released its annual financial report, which showed a loss of A$141m dollars (£90m/$136m) after tax for the 2012 financial year. That follows a loss of A$290m in 2011 and a total loss of A$600m over the past five years.
Graziano said a reduced demand for large cars and the high price of production in Australia had left the manufacturing operation uncompetitive. Ford's production costs in Australia were twice that of Europe and nearly four times higher than in Asia, Graziano said.
"Manufacturing is not viable for Ford in Australia in the long term," Graziano said.
Around 1,500 employees will continue working for the company after production ends in October 2016, and dealerships and product development facilities will remain in place, Ford has said.
http://www.guardian.co.uk/business/2...op-making-cars
Decision to end manufacturing means the loss of 1,200 direct jobs and knock-on for communities and parts suppliers
AP - Sydney
22 May 2013
Ford is closing its two Australian auto plants and ending production of cars including the Falcon in 2016 amid soaring manufacturing costs and plummeting sales.
The closure of the automaker's plants in the state of Victoria will mean the loss of 1,200 direct jobs, as well as affecting industries that supply parts and support, and will leave Ford as an import-only brand in Australia. Ford began making cars in Australia in 1925 and is the third-largest carmaker in the country.
"We understand the very real impact that this will have on our team," Ford Australia president Bob Graziano told reporters at the company's Melbourne plant. "We came to this conclusion only after thoroughly reviewing our business and exhausting all other alternatives."
Australia's high dollar has put pressure on the country's carmakers, with locally produced cars more expensive than those made overseas. In April Ford's chief competitor, Holden, said it was cutting 500 jobs amid the high dollar and falling demand.
"The strength of the Australian dollar bears down on Australian manufacturing and it does make it a difficult environment for manufacturing to prosper," Julia Gillard, the Australian prime minister, said following Ford's announcement.
The carmaker released its annual financial report, which showed a loss of A$141m dollars (£90m/$136m) after tax for the 2012 financial year. That follows a loss of A$290m in 2011 and a total loss of A$600m over the past five years.
Graziano said a reduced demand for large cars and the high price of production in Australia had left the manufacturing operation uncompetitive. Ford's production costs in Australia were twice that of Europe and nearly four times higher than in Asia, Graziano said.
"Manufacturing is not viable for Ford in Australia in the long term," Graziano said.
Around 1,500 employees will continue working for the company after production ends in October 2016, and dealerships and product development facilities will remain in place, Ford has said.
http://www.guardian.co.uk/business/2...op-making-cars
Sudden
New member
Sorry, I guess I assumed people knew about it.
ericspecullaas
New member
unless im in Australia then i would be worried. But if they did that here then watch the fur fly.
Sudden
New member
They had the best ones and couldn't afford to buy them, that's sad. Well, we have the "rewards" from a weak dollar.
Explicit_Spade
Perma-Banned! JK LOL
Holden > Ford. All Day, Everyday, Any Lifetime, EVER!
Now if only Ford would leave the U.S....
Now if only Ford would leave the U.S....
Sudden
New member
I take it that's to be humorous?
Explicit_Spade
Perma-Banned! JK LOL
Incorrect. That's a very serious post.
Sudden
New member
Then I will refrain from commenting on you personally.
Explicit_Spade
Perma-Banned! JK LOL
Those ****ty looking trucks have a lot more real truck capabilities than most on the market. Look up the chevy vs ford flex test video on YouTube.
What about the 2014 grand national? Or the cts-v? Or the mustang crushing camaros?
