1. Ford To End Australian Manufacturing.
- Author
-
Evans, Scott
- Subjects
- *
AUTOMOBILE industry , *AUTOMOBILE sales & prices , *TARIFF , *GAS prices - Abstract
The article reports on the decision by automobile maker Ford to terminate its manufacturing operations in Australia in 2016. One reason for this is said to be the losses incurred by Ford Australia due to low sales of Falcon automobiles. Some factors contributing to the sales decline include increased gasoline prices and reduced tariffs on imported automobiles. According to Ford Australia president Bob Graziano, the company decided that local manufacturing is no longer viable.
- Published
- 2013