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Ford pulls out of Australia

Bob Graziano: "Manufacturing in Australia is no longer viable" Breaking news: In a press conference that started 30 minutes ago, Ford Australia President and CEO Bob Graziano has announced that Ford is pulling out of manufacturing cars in Australia in October 2016. Graziano has confirmed local production of the Falcon, Falcon…

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China: Return to explosive growth predicted

Picture courtesy of investgazeta.net, all rights reserved. * See the Full article by clicking on the title! * China became the largest automotive market in the world in 2009 while the US fell into recession. However since then, Chinese sales slowed from the strong double-digit growth of 2009 and 2010. This…

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