Ford 'committed' to Australia, may hire ex-Holden employees

In the wake of Holden's exit from Australia, its major competitor, Ford, has seized the opportunity to reiterate its commitment to the market, telling the Federal Government it's planning further investment and suggesting it may absorb some of Holden's former staff. Yesterday, Holden's US parent company, General Motors, announced it would cease selling cars in Australia by 2021, with the closure of its local head office, test track and engineering and design locations planned for mid-year.