Things are looking pretty grim for the future of Ford Australia. Especially after halting production to only 33,000 cars annually, while also slashing 440 jobs. These aren’t good signs and is a possibility that the Aussie Ford will be shutting down soon for good.
Supposedly this situation has been a long time coming according to the company experts. For one, it has been on “life support” for years and has been feeling the pressure from falling tariffs. Also, imports have given them stiff competition while the consumer is also gradually growing more cautious.
“Ford will still be here selling cars but it will not be manufacturing cars in Australia,” PPB Advisory partner Stephen Longley, a receiver for collapsed automotive supplier companies, told The Australian Financial Review. They also said, “I don’t expect them to be here after 2016 when the Euro 5 standards kick in.”
It seems like Ford Australia will close the doors soon after their Ford Falcon runs its course. Ford Australia is one of three car makers left in the Outback after Nissan closed doors in the early ’90s and Mitsubishi closed their doors just recently in 2008. No official announcements have been made just yet regarding the closing of Ford Australia but expectations are leaning toward the closing around 2016.
“And without any announcements, all the people I deal with in the supply chain are assuming this is going to be the case. So decisions are being made on the basis that Ford Australia will definitely not be around from 2016.”