The Ford said it will end its Australian manufacturing operations on October 2016. The chief executive Ford announced it in May and revealed the losses of A$141m after tax in the last year.
He told the press that decision because local manufacturing is being driven by more and more challenging market conditions. Australia has sales of 1.1 million new vehicles and customers have approach to more than 65 brands and 365 models and it has made Australia one of the most crowded automotive markets in this world, and strong currency makes it harder for domestic car companies to fight with inexpensive imports. Read More: AutosModel.com