A SENIOR Ford executive in North America has spoken openly for the first time about the reasons behind the closure of the company's Australian manufacturing operations. Ford North America president Joe Hinrichs inadvertently made the revelations while trying to explain why Ford's Canadian factories would survive - even though they too have a high cost base - and Australia's could not. "Australia is isolated with an industry of about one million units. Logistically it is not a good location," Hinrichs told Canada's The Globe and Mail. "The combination of the high Australian dollar and isolated location doesn't make it a good export base and not a big enough total (sales) volume...
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