Ford to close Aussie operations in 2016

[Gav]

Just shows how little I give a f##k about them

[Chris L]

Im with you on this one Gav, has Canberra ever been more populated by tin eared dickheads with not one clue on business or any idea of what common sense may resemble ?. Snouts in the trough and self interest..........and the country is about to pay a huge cost for complete incompetence. Whilst they retire on their very generous pension/super scheme available to no one but themselves and all the perks that go with it. Makes me want to be sick.

Better stop before I get pissed off....

Cheers
Chris L

[Legless]

With a third of the market for the chain of supply gone there's going to be huge ramifications. Supply chain businesses and even Toyota and Holden wont have the benefits of economy of scale. As they say "the writings on the wall..." last one out turn out the light because we can't afford the friggin power bill either.

[PeterAllen]

Originally Posted by boxhead

Yes the knock on effect will hurt hard as well.
Companies like Pilkington Glass, Air International, Bosch etc etc have all just lost 1/3rd of there market.

Originally Posted by Legless

With a third of the market for the chain of supply gone there's going to be huge ramifications. Supply chain businesses and even Toyota and Holden wont have the benefits of economy of scale. As they say "the writings on the wall..." last one out turn out the light because we can't afford the friggin power bill either.

They haven't lost 1/3rd of their market, nothing like it - those suppliers have known for years the likelihood of this happening (as has any well informed citizen) and have diversified. Sensible suppliers have established good auto component markets in India and Asia generally, and even in the USA, and/or high-tech component supply contracts in medical and other fields.

Here are some more facts: Australia subsidises the auto industry to the tune of $18 per person of the population; in America it is $280 and in Sweden it is over $300.