The scheduled closure of Ford's Australian manufacturing base in 2016 was confirmed in late May 2013. Headquartered in the Victorian suburb of Broadmeadows, the company had registered losses of AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that accounted for two-thirds of large, local car sales in Australia were insufficient to keep Ford's products profitable and viable in Australia.
The scheduled closure of Ford's Australian manufacturing base in 2016 was confirmed in late May 2013 Headquartered in the Victorian suburb of Broadmeadows, the company had registered losses of AU$600 million over the five years prior to the announcement. It was noted that the corporate fleet and government sales that accounted for two-thirds of large, local car sales in Australia were insufficient to keep Ford's products profitable and viable in Australia.