Taxi Racing set to change for good

!B6jvybwEGk~$(KGrHqMOKj8Ey,CDgW7GBM)wrRNig!~~_35When committing millions of rate payer cash to the V8 Supercars, I wonder if Len factored in that half the fan base may disappear in 3 years when their beloved Falcon is no more with today’s announcement that Ford Australia is shutting up shop:

Ford Australia has confirmed it will shut its two Australian plants from October 2016 in a move that will see 1200 jobs lost, citing prohibitively high manufacturing costs.

The move will transform the carmaker into an import-only brand and comes as Ford Australia announced a $141 million loss in the 2012 calendar year, bringing losses over past five years at $600 million. 

Ford Australia president and chief executive Bob Graziano said it would close its Broadmeadows car factory and its Geelong engine plant, which together employ about 3500 people.

The cost of operating in Australia was four times greater than in Asia and double that of manufacturing in Europe, he said.

“Given the fragmented marketplace and the low model volumes that result, we decided that manufacturing locally is no longer viable,” Mr Graziano said.

He said the high Australian dollar “was not an overarching causal factor” in the group’s decision.

However, the exchange rate had contributed to the prohibitive cost of manufacturing at the plants, which make the Falcon and the Territory SUV.

How long till the last Falcon?, Well in January they were promising to keep making them till 2016…that appears to be off the table now.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.