Ford Motor Co. of Australia Ltd. President William (Bill) Osborne resigns suddenly, less than 24 hours after the auto maker announces plans to cut up to 15% of its manufacturing workforce and reduce production by 20%-25% up to 18,000 vehicles. The Detroit native is leaving just six months after moving to Australia. John Parker, Ford executive vice president in charge of Asia Pacific and Africa, says Osborne is returning to North America to take up a position outside the automotive ...

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