CANBERRA – Car parts maker Ion Ltd. goes into voluntary administration after crucial funding arrangements are withdrawn by the company's bankers. The company supplies parts for Ford Motor Co. of Australia Ltd. and Holden Ltd. in Australia and Harley-Davidson in the U.S., as well as PSA Peugeot Citroen in France and Perusahaan Otomobil Nasional Bhd(Proton) in Malaysia. Ion makes wheels and alloy components, transmission assemblies, cylinder heads, oil pans and other components. Ion ...
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