The closure of auto parts supplier Autodom in Australia could shut down Ford and GM’s local units by next week.
Autodom, which supplies parts to Ford, Toyota and GM’s units in Australia, has indefinitely closed its facilities in the country, part of its plan to half car production in the wake of the global financial slowdown. The government’s tariff support and subsidies worth $2.60 billion were not enough to help the company, as auto industry struggled to keep manufacturing jobs.
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