Menu
Business

Ford expected to end local work

THERE is rampant auto industry speculation that Ford will cease making cars in Australia sometime after 2016.

The car components industry is starting to plan for the day when only Holden and Toyota will make cars locally.

Ford has been on life support for years, under pressure from falling tariffs, more competitive imports and an increasingly cautious consumer.

Earlier this month, it said more than 400 jobs would be axed, with local production slashed to just 33,000 cars a year.

Stephen Longley of the insolvency firm PPB Advisory has become one of the first to go public with the unthinkable.

Read more at ABC news online.

Topics:  car industry ford job losses


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Region faces wild wind

DESTROYED: Half of the roof of the Moranbah home was ripped off from the 104km/h wind.

Moranbah residents say weather is worse than the cyclone.

Heroic rescue saves life

CLOSE CALL: Leslie Cruthers and Buddha at the spot the playful pup fell into the Nogoa River.

Kayakers rush to save dog walker clinging to riverbank.

National super star at age 13

Competing in Rotorua, New Zealand earlier this year.

Dingo local takes on international motocross competition.

Local Partners