chooka Posted July 18, 2012 Share Posted July 18, 2012 UPDATE: THAILAND is offering Australian car parts suppliers tax breaks over eight years to tempt them to set up shop there, as the local car industry struggles. Ford announced yesterday it would sack 440 workers and slow its production line to 148 vehicles a day from November, down from 209 a day. Workers say the move could spell the end of the Ford Falcon from 2016, as a 25 per cent drop in sales makes it more likely that the company will replace it with the US-made Ford Taurus. The deputy secretary of the Thailand Board of Investment, Duangjai Asawachintachit, will visit Melbourne and Adelaide from August 6-10, to encourage Australian car companies to set up in Thailand. Car industry sources say the Thai Government's offer of tax breaks could drive companies to Asia. The Ford job losses come six months after a $103 million bailout, which was partly funded by the state and federal governments. Prime Minister Julia Gillard said job losses could have run into thousands had the Government not offered bailouts. http://www.heraldsun.com.au/news/victoria/ford-sacks-440-victorian-workers-from-geelong-and-broadmeadows-plants/story-e6frf7kx-1226428566878 Ford in Australia * 1902: First Ford car in Australia * 1925: Ford announces that Geelong will be its Australian headquarters * 1925: Lew Brandt produces the first Ford ute * 1939: Ford plants switched to defence production * 1960: Ford Falcon makes its debut * 1961: Head office transferred from Geelong to Broadmeadows * 1974: New Ford Falcon registrations peak at 93,215 * 1983: Geelong engine plant is opened * December 1996: Sales figures for the year show 77,835 cars sold * November 2006: 650 jobs cut from Geelong and Broadmeadows * April 2008: Ford to axe 74 jobs from Geelong stamping plant * September 2008: Former Geelong engineer Marin Burela takes over as Ford president * October 2008: Ford announces it will cut 450 more jobs in Australia * November 2008: Ford to keep its Geelong engine plant open beyond 2010, securing more than 400 jobs * July 2009: Ford announces it will abandon plans to manufacture the small Focus car in Australia * December 2011: Sales figures for the year show Falcon sales slump below 20,000 cars Link to comment Share on other sites More sharing options...
lolex Posted July 18, 2012 Share Posted July 18, 2012 Good thinking ! Aussie labour is a lot more expensive... Link to comment Share on other sites More sharing options...
h90 Posted July 18, 2012 Share Posted July 18, 2012 hint: build the factory on a mountain..... 1 Link to comment Share on other sites More sharing options...
softgeorge Posted July 18, 2012 Share Posted July 18, 2012 why would they want to move to Thailand? Spend millions and millions relocating then hand 51% of your business to a Thai for nothing as you can't own more than 49% in Thailand. 1 Link to comment Share on other sites More sharing options...
frankold Posted July 18, 2012 Share Posted July 18, 2012 why would they want to move to Thailand? Spend millions and millions relocating then hand 51% of your business to a Thai for nothing as you can't own more than 49% in Thailand. Your name is quite fitting. You seriously think any multinational would setup over here in that case? Link to comment Share on other sites More sharing options...
h90 Posted July 18, 2012 Share Posted July 18, 2012 why would they want to move to Thailand? Spend millions and millions relocating then hand 51% of your business to a Thai for nothing as you can't own more than 49% in Thailand. Maybe they only outsource some production? Link to comment Share on other sites More sharing options...
BSJ Posted July 18, 2012 Share Posted July 18, 2012 why would they want to move to Thailand? Spend millions and millions relocating then hand 51% of your business to a Thai for nothing as you can't own more than 49% in Thailand. The rules are very different for big companies. Link to comment Share on other sites More sharing options...
ozsamurai Posted July 19, 2012 Share Posted July 19, 2012 'bout time the gas guzzling Falcons died anyway. Keep up with the trend Ford Australia, these 3.0lt engines have been in freefall since the early 90's. Don't believe me, try selling one. Every other maker is shifting with the market demand, small compact ECO cars, CNG factpry fitted, Hybrids. People can't afford to run your cars (and eat as well). If Ford still wants to churn out the Falcon, its their funeral, evolve, thats how Ford was made! The technology is already there, stop flogging a dead horse. Oz Link to comment Share on other sites More sharing options...
frankold Posted July 19, 2012 Share Posted July 19, 2012 why would they want to move to Thailand? Spend millions and millions relocating then hand 51% of your business to a Thai for nothing as you can't own more than 49% in Thailand. The rules are very different for big companies. Sent from my Galaxy Nexus using Thaivisa Connect App Not only big companies. Any company in selected fields can apply for 100% foreign ownership. Link to comment Share on other sites More sharing options...
SuneeTH Posted July 19, 2012 Share Posted July 19, 2012 Aussie Car Manufacturers? Is there such a thing? I thought Holden is American GM? Link to comment Share on other sites More sharing options...
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