Ajax Going Under
So you have a single point of failure for the Australian automotive industry, with Ajax Fasteners making parts that not one, not two but three different car companies (Holden, Ford and Toyota) based here are dependant on.
Now they pressure that company to cut costs so they can keep competing, and eventually that company goes under.
Given that the three car companies literally cannot keep building cars without the parts they make and will have to stand down workers (Ford say they may need to do this on Wednesday, less than 2 days from now) they would be falling over themselves to keep it going.
But no, they’re actually fighting over how much each of them will pay to keep it going and I’m starting to wonder if the fact that Ford say they’ll need to stop production before the other two is part of what’s going on here. It certainly wouldn’t hurt Holden or Toyota if Ford lost a few days or a week of production whilst they kept going..
August 22nd, 2006 at 1:38 pm
Looks like Ajax have got a six month reprieve, probably just about long enough for the car companies to secure supply from outside Australia.
August 22nd, 2006 at 8:52 pm
Ajax workers have accepted the deal, preventing the stand downs at the car companies.