Sad day for the Australian car industry, FORD have announced they will stop making cars here from 2016.
There is of course many factors, assembly line workers getting paid too much? company tax way too high here? cost of employing people? The government allowing cheap junk from China / India to be sold here that ultimately forces other manufacturers to drop costs to the point where it is not profitable.
I hope for our sake the new VF and Cruze sell well for Holden, if we loose them too we are doomed! The sad part is most people will think that if FORD and Holden (and Toyota I guess) didn't make cars here then that $200,000 BMW they want will drop to $80,000 when protection tariffs are removed, but, when has any government ever removed taxes the rich are happy to pay?