Ford will commit $500 million to the Australian market in 2020. 9News
GM will now "retire" the Holden brandBut Ford Australia & New Zealand president and CEO Kay Hart says the company is "committed to Australia" and will spend about $500 million investment in 2020, as well as hire new staff.Ms Hart says Ford has a big design and engineering team in Australia and is "hiring at the moment".
"I am sure there is some great talent in that Holden team. We would definitely be looking for that skill set that would fit with us and there may well be opportunities for that team at Ford in the future," she told ABC radio today. However, she said any long-term decisions about the future of Ford's Australian operations would be considered and made by its US-based parent company.
"Ford Australia is committed to our operations here in Australia and we're excited about what our future lies ahead for us here," Ms Hart said.
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