Re: Automotive manufacturing could return to Australia, Robyn Denholm claims
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I always thought the export potential of australian cars was undermined by the wild currency fluctuations of the Australian dollar.
My brother worked at Mitsubishi...they made 270 cars a day...200 were exported to the US.
That was when we were 48 cents to a USD.
Then we went to $ AUD0.99 to $USD1.00 that made an Australian made Diamate (Magna) the same price as a C class Mercedes in the US.
What happened next is history...
Nothing to do with the workers.
Poor Mitsubishi released the 380 at the same time planning to export it to the US.
it was cheaper to build the same car (galant) in the us...and they did right up to 2012.
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