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| The Pub For General Automotive Related Talk |
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07-05-2013, 04:10 PM
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FPV BFII GT Cobra No.249
Join Date: Dec 2007
Location: Lake Macquarie & Sydney
Posts: 581
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It's not big news, but surprised no ones mentioned it here.
SMR Automotive, (parts maker for Ford, Holden & Toyota), are moving some production to Thailand. Up to 90 Adelaide jobs will go. They're sighting the high Aus. dollar & high Aus. manufacturing costs as the reason. What I don't get is, the value of our dollar shouldn't matter to local trade as no conversion will take place. Unless they are selling parts to Ford, etc. in USD or some other currency, (which I thought was illegal as USD's are not legal Aus. tender)? Yes we all know Australian labour costs are high, but they haven't changed that much in the past few years, (wages have gone up, but not by a lot). Labour costs for local manufacture & local trade, should've been factored into initial costs & pricing of goods. Couldn't they negotiate new supply costings? Yes this may have put up costs to Ford, etc. but then that's for their business model/decision as to take it or go with someone else. |
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More Aus. Car Industry Job Loses.
Threaded Mode