Ford Motor Co. of Australia Ltd. will cut production 20% next month, blaming rising fuel prices over the last year but saying there will be no staff cutbacks – yet. A spokesman says effective Nov. 20, Ford Australia will cut output at its Melbourne plant to 360 units per day from 450. Ford tells employees a fall in demand for large cars has resulted in the decision to cut the hourly production to 52 units from 65. "What we produce in Australia is large cars and medium SUVs,” the ...

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