CANBERRA – Australian Industry Minister Ian Macfarlane is visiting Detroit this week to remind General Motors Corp. and Ford Motor Co. the Australian government intends to invest A$8.3 billion ($6.2 billion) in its auto industry in the next 15 years, to 2015. Macfarlane hopes to persuade U.S. auto makers to direct more business toward Australia’s auto makers and components makers. (See related story: Australian Officials to Meet With U.S. Auto Makers in Detroit) "In terms of mutual ...
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