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Australia : New opportunities for Victorian automotive suppliers in Asia Pacific.

Rapid growth is opening up new opportunities for Victorian automotive companies in Ford s Asia-Pacific supply chains, Minister for Manufacturing David Hodgett said today.

After meeting in Shanghai with David Schoch, President of Ford Asia Pacific, Mr Hodgett said the Victorian Coalition Government was committed to working with Ford to find new opportunities for its supplier base as Ford winds down its Victorian manufacturing operations ahead of 2016.

Ford Asia Pacific has regional responsibility for 20 markets including Australia, China, India and Thailand.

Mr Hodgett was in Shanghai as one of the Ministers leading the second Victorian Coalition Government Super Trade Mission to China following a highly successful mission in September 2012.

Annual vehicle sales are expected to hit 32 million in China by the end of the decade, more than in the United States and Europe combined, Mr Hodgett said.

This represents an exciting new market for Victorian auto suppliers where our high-end, outstanding automotive design and engineering capabilities give us a competitive edge.

These capabilities are driven in large part by Ford Australia s Design and Engineering Centre and we are pleased to see that the Centre continues to play a role in Ford s global organisation.

Mr Hodgett said the Coalition Government had been working with Ford on a range of activities to showcase Victorian auto capabilities for its supplier networks in China, Thailand and the USA.

Ford is bringing out a major delegation of Ford Purchasing and Engineering executives as part of Australian Automotive Week in March 2014 and will also stage a trade show in Geelong during the Week in partnership with the Coalition Government, Mr Hodgett said.

I recognise the challenges faced by the Australian automotive manufacturing industry, and the Coalition Government values Ford s long and strong history in the state and immense contribution it makes to our manufacturing sector.

We are working closely with Ford, the other major automotive manufacturers based in Victoria, and the Australian Government to retain our world-class automotive supply base by assisting local suppliers develop new technologies and enter new markets in the Asia Pacific region.

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Publication:Mena Report
Geographic Code:8AUST
Date:Oct 25, 2013
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