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Ford to cease Australian automaking operations after 90 years

Ford began manufacturing cars in Australia in 1925 with the Model T. In 2016, Ford will stop manufacturing cars Down Under, including the Falcon and the Territory SUV. Ford Australia CEO Bob Graziano has reportedly confirmed the closure of the company's Broadmeadows assembly plant and the Geelong engine plant, both in the state of Victoria. There will be 650 jobs lost at Broadmeadows, 510 sacrificed at Geelong. Of the roughly 3,000 workers the Blue Oval has in Australia, it's said it will try to retain about 1,000 of them at its R&D and product development facilities.
The writing hasn't just been on the wall, it's been a regular item in all the papers and on Ford's bottom line for years. As recently as 2003, Ford sold nearly 75,000 Falcons, but over the next four years, annual sales dropped by something like 10,000 units, and over the last two years, it has sold less than 20,000 per year. It isn't only Ford that has suffered - sales of the other large, locally produced sedan, the Holden Commodore, have also gone over the precipice, triggering the same kind of angst about Holden's continued existence. Ford is the smallest of Australia's local automakers, Holden and Toyota the others, and has posted losses of $AUD141 million last year ($136M US) and $AUD600 million ($580M US) in the past five years. Graziano said the cost of manufacturing is simply too expensive in the country, twice as high as Europe and three times as high as Asia, and there no way to make a business case for staying in the country.
In January 2012, Ford Australia announced it would stay in the country until at least 2016, but by July of the same year, most outside observers were quietly declaring that 2016 would be the last year of Ford Down Under, and even the speculation was making other observers nervous. Ford received money from the Victorian government last year to aid its refresh of the Falcon and Territory, which will continue on schedule for the 2014 model year. A front- and all-wheel-drive sedan on a global platform is predicted to replace the Falcon, with some other SUV expected to replace the Territory. The company says it still intends to expand its lineup in the country.

'Car Wars' says Ford, Honda to pick up share, Fiat-Chrysler ambitions downplayed

Don't look for a tremendous shifts in automotive market share over the next three years because it might not be coming. That's at least according to the annual Car Wars report by John Murphy, from Bank of America Merrill Lynch Global Research.
In the report's analysis of automakers' market share from 2013 to 2017, it predicts only small changes among the major companies. Ford and Honda see the biggest positive effect with an estimated 0.5 percent increase in their shares over the next three years; to 16.2 percent and 10.3 percent respectively. On the flip side, European automakers and Nissan are expected to lose 0.2 percent each to fall to 8.3 percent and 7.8 percent each respectively. The rest of the industry is predicted to hold steady as it is now.
The biggest loser in that prediction might be Fiat-Chrysler Automobiles. The report certainly throws a wet blanket on its plan for significant gains in market share. Murphy told The Detroit News that the company's goal was "almost unattainable."

Ford GT successor to debut in Detroit and go racing

Anticipation for all of the exciting reveals at the 2015 Detroit Auto Show just a few weeks away is building to a fever pitch, and rumors are mounting that Ford has a big surprise in store in the shape of a future performance halo model. Insider sources speaking to Autoweek claim the next Ford supercar is definitely going to be revealed at the Detroit show in early January. However, the model is not necessarily the next-generation Ford GT in terms of its name or design aesthetic. Instead, one of these people indicates that the new halo model might drop retro styling altogether. If the latest reports are to be believed, Ford's high-performance project goes beyond something to just grab headlines and rocket down the street. According to Autoweek, the automaker is also reportedly employing Chip Ganassi Racing to run a two-car racing effort in the Tudor United SportsCar Championship in 2016. That would allegedly include a trip to the 24 Hours of Le Mans to race on the 50th anniversary of the Ford GT40's win in 1966. The speculation goes that at least the racing version might use a twin-turbo EcoBoost V6 for power. However, the motorsports part of the program may not be announced during the auto show reveal. Rumors about the new halo car from the Blue Oval and its racing intentions have been percolating for months. The company might have considered an LMP2 entry, but speculation popped up later about the production supercar. A more recent report suggested that Ford might show a new Shelby GT350R Mustang, a successor to the F-150 Raptor and next Ford GT in Detroit.