It may be hot in Melbourne, but the two king brands of Ozzie tintop muscle cars are feeling chill winds.
Melbourne-headquartered Ford Performance Vehicles and Holden Special Vehicles, are both cutting back production and reducing their work forces.
Their iconic cars, mostly heavily-warmed over Commodores and Falcons, sell to muscle car enthusiasts and executives that love hrosepower, on both sides of the Tasman.
But demand has fallen and inventories have risen. HSV built hardly a car in January, and recently slashed prices between AUD6,000 and $14,000.
The company says it is continuing to look at the idea of diesel versions.
Similarly-affected Ford Performance Vehicles is reviewing the future of its only non Falcon-based hot car, the Ford Territory FX6 SUV. This has proved to be a slow seller and may not survive in FPV form.