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Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.

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FORD AUSTRALIA PRESIDENT BOB GRAZIANO

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Ford to end auto production in Australia in 2016

By Kristen Gelineau | May 24, 2013 - 8:00am

Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid...

Business