Post October 2016, Ford will only sell their global vehicles like the Fusion, Focus and probably also the EcoSport compact SUV in Australia. Approximately 1,200 workers are expected to lose their jobs when the two manufacturing facilities situated in Broadmeadows and Geelong shut down. Ford has built cars in Australia since the Model T in 1925.
The shocking and unfortunate decision was hammered by the Board in Detroit via an email to Ford Asia-Pacific president, Dave Schoch on Wednesday. Ford says its Australian arm has sustained losses amounting to 600 million dollars over the last five years. The strength of the Australian dollar has made manufacturing more expensive, while sales have been uninspiring.