Australian vehicle production is set to take a hit with both Ford and Toyota announcing reductions, but for different reasons. Ford will lay off 240 workers from its 3,400-strong Australian workforce in mid-July. It also will cut production 20% at its Melbourne plant from 260 vehicles a day to 209, due to slowing sales of its locally built large cars. Toyota, the runaway Australian market leader, is being forced to slow output by 50% because of a shortage of parts after the Japanese ...
Premium Content (PAID Subscription Required)
"Ford, Toyota to Cut Vehicle Production in Australia" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.