Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

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Ford Secures Short-Term Future While Industry Needs A Long-Term Fix

January 2012 | Industry News

The North American International Auto Show in Detroit has already thrown up a mixed bag of news for the Australian autos industry. While Ford Motor has allocated investment of US$103mn to upgrading two of its models produced in Victoria, BMI believes the ongoing discussions between Australian representatives and General Motors Company (GM) suggest that the government still has much to do in terms of convincing carmakers that the domestic industry is sustainable and worth investing in. Indeed, reports indicate that GM has mentioned closing its Elizabeth-based Holden facilities as an

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