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MORE SACKINGS AT FORD AUSTRALIA

Thursday, October 16, 2008

The rumours are true, Ford Australia today confirmed it will cut a further 450 jobs from its Victorian work force. The cuts have been blamed on the global economic slowdown and falling demand for large passenger cars. It's also a tacit acknowledgement that the much vaunted FG Falcon range has been a failure. Ford Australia CEO Marin Burela said it was a difficult time for affected families and everyone at Ford. “We don't take these issues lightly, but we need to secure and protect the business,“ he said. According to Mr Burela the retrenchments will at this stage be voluntary and the company believes there will be sufficient interest in the plan to avoid actual sackings.

HOLDEN SHOCK AT SYDNEY SHOW

Thursday, October 16, 2008

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Holden once again stole the show at the Australian International Motorshow at Sydney's Darling Harbour, but this time it was not a stunning locally built concept car but the Down Under debut of the Chevy Volt. The Volt has been seen plenty of times before, most recently from Paris, but the big news was that the car will be sold here in Australia as soon as 2012.