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Ford to end Australian production

[updated: adds comments] Ford has confirmed plans to end vehicle and engine production in Australia by October 2016, following mounting losses, high production costs and an increasingly challenging market. Over the past five years, the local operations have racked up losses of AUS$600m (US$576.4m). “Given the fragmented marketplace and the low model It’s time to … Continued

[updated: adds comments]

Ford has confirmed plans to end vehicle and engine production in Australia by October 2016, following mounting losses, high production costs and an increasingly challenging market. Over the past five years, the local operations have racked up losses of AUS$600m (US$576.4m).

“Given the fragmented marketplace and the low model

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