By Nick Aziz
Friday, May 5th, 2006 @ 11:27 am

Ford today announced that its development team in Australia is working on new Falcon and Territory models that will form the basis for several potential large rear-wheel drive vehicles. “While we have no concrete export plans to announce at this time, our new strategic direction as a company will involve us actively targeting additional opportunities for our outstanding domestically manufactured vehicles,” a Ford official said. Ford is rumored to be working on a new line of rear-wheel-drive vehicles, including a retro-styled sedan to compete with GM’s planned RWD Impala. Recently, it was reported that GM’s Australian subsidiary, Holden, would be developing that platform for the next-generation Camaro, GTO, Impala, Monte Carlo, and others.