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Ford wins the fight between the two Australian car manufacturers because it announces that it will spend $ 500 million

Now we are all Ford men: Company wins the battle between the two Australian car manufacturers and announces it will spend $ 500 million and hire MORE employees

  • Ford Motor promised to deploy $ 500 million for the Australian market in 2020
  • The company has also promised to hire more staff in its design and engineering team
  • Announcement is coming General Motors is preparing to stop by the end of the year

Ford Motor will allocate $ 500 million to the Australian market in 2020 and is likely to hire more staff as global automobile giant General Motors prepares for the end of the year.

After closing the company’s local production activities in 2017, GM will now “stop” the Holden brand in both Australia and New Zealand, with around 600 jobs.

But Kay Hart, president and CEO of Ford Australia and New Zealand, says the company is “committed to Australia” and will invest around $ 500 million in 2020 and hire new employees.

It is expected that more jobs will be created at Ford, as the company promises to invest $ 500 million in the following year (image shown)

It is expected that more jobs will be created at Ford, as the company promises to invest $ 500 million in the following year (image shown)

The promise of new Ford jobs comes when job losses are made at competitor General Motors. (Pictured: People see GM-Holden headquarters leaving Melbourne after the company has announced it will leave the Holden brand)

The promise of new Ford jobs comes when job losses are made at competitor General Motors. (Pictured: People see GM-Holden headquarters leaving Melbourne after the company has announced it will leave the Holden brand)

The promise of new Ford jobs comes when job losses are made at competitor General Motors. (Pictured: People see GM-Holden headquarters leaving Melbourne after the company has announced it will leave the Holden brand)

Mrs. Hart says that Ford has a large design and engineering team in Australia and is currently “recruiting.”

“I’m sure there is a great talent in that Holden team. We would definitely be looking for those skills that would suit us and there might be opportunities for that team at Ford in the future, ”she told ABC radio on Tuesday.

However, she said that any long-term decisions about the future of Ford’s Australian operations would be considered and taken by the US parent company.

“Ford of Australia is committed to our activities here in Australia and we are excited about what our future holds for us,” Mrs. Hart said.

“As a company, they will make that decision based on what is good for the company worldwide, but at the moment we are very committed, in terms of the Ford Motor Company, to Australia.”

Ford Motor will allocate $ 500 million to the Australian market in 2020 and is likely to hire more staff as global automobile giant General Motors prepares for the end of the year.

Car dealers will learn within 24 to 48 hours how far they can discount their remaining inventory after General Motors has announced it will leave the market

Car dealers will learn within 24 to 48 hours how far they can discount their remaining inventory after General Motors has announced it will leave the market

Car dealers will learn within 24 to 48 hours how far they can discount their remaining inventory after General Motors has announced it will leave the market

Federal Minister for Industry Karen Andrews said with a workforce of just over 2,000 people that the government did not expect Ford to follow in the footsteps of General Motors.

“They are very focused on design and engineering, so I don’t expect any impending problems with Ford,” said Andrews.

Mrs. Andrews said Mrs. Hart had not given her an “endless commitment” about her operations that were still in Australia.

However, the company had agreed to “keep in touch,” and the couple expects to meet in the coming weeks.

GM and Holden have pledged to work closely with all of their employees who offer generous redundancy packages to staff throughout Australia and New Zealand, most of whom are expected to leave by June.

President and CEO of Ford Australia and New Zealand Kay Hart says the company is “committed to Australia”

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