Holden or Ford no longer
Ford has announced that manufacturing in Australia will cease.
The Aussie Ford Falcon is to be no more.
Toyota is fully integrated with its overseas parent. At times more than half of its Australian production is exported. When the dollar is low Toyota makes more cars in Australia, when it is high it makes more cars offshore.
Holden is nimble. Its parent, General Motors allows it to export. It sends rugged cars to South Africa, it makes police cars for the United States.
But Ford Australia has hardly ever sent anything offshore. Its most spectacular failure is the stuff of legend. With no experience of such things it won the contract to make the Ford Capri sports car for the United States in 1989. It leaked. Production stopped after just 67,000 cars and its foreign parent has looked askance at it ever since. All of Ford's factories worldwide use the same set of global car platforms. Except for Australia's. It's as if the foreign parent has been cutting it adrift.
The falling Aussie dollar wouldn't have saved it.