Structural changes to the Australian market have seen sales of Ford's locally built Falcon large sedan fall 19% this year, he says, and the Territory SUV fall 18%. Ford Motor Co. of Australia Ltd. is facing many of the same problems as its U.S. parent, says President Tom Gorman, noting a year of falling sales means cuts to capacity are unavoidable and layoffs are possible. "We won't be able to avoid right-sizing our production with demand, if demand doesn't pick up," Gorman tells ...
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