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AUSTRALIA: The Cost of Keeping Auto Makers Local

Posted: January 12th, 2012 | Author: | Filed under: Auto Maker, Auto News, Ford, General Motors, Grilled, Holden | Tags: , , , , , , , , , , , | Comments Off on AUSTRALIA: The Cost of Keeping Auto Makers Local

Sales of the Australian made large cars – Holden Commodore and Ford Falcon – have dropped alarmingly in recent years. The Commodore’s 15-year run as Australia’s best-selling vehicle was ended abruptly in 2011 by the Japanese manufactured Mazda3, while Ford Falcon sales plummeted to fewer than 19,000 units in 2011.

AUSTRALIA: The Cost of Keeping Auto Makers Local - Cruze Hatch Production

So Exactly How Much Does it Cost to Keep Auto Makers in Australia? Between $100 and $200 Million!?

Holden says it is getting closer to announcing co-investment from the Federal Government and parent company General Motors as it looks to secure the local manufacturing of the Cruze and Commodore beyond 2018. Ford has announced a fresh $103 million investment for it’s Falcon range of large car and Territory SUV, though the future of the Australian-built vehicles is still guaranteed only until the end of 2016. Read the full article »»»»