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Instead it is expected to announce today a $230 million investment in new engine technology and a big export business push for the Falcon and Territory.
The company is committed to investing in new, more economical petrol, diesel and LPG engines for its large cars.
The move will protect current car-worker jobs at Geelong and Broadmeadows and provide the potential to grow the company's employee base when exports start.
Ford had already committed to building the Focus at its Broadmeadows plant from 2011.
The Focus plan would have meant 40,000 cars a year would have been built at Broadmeadows with 15,000 to be sold in Asia.
Last November it renewed its commitment to the in-line six cylinder Falcon engine in place of importing a new V6 engine.
Ford had originally announced that it would dump the Falcon and Territory's six cylinder in favour of a globally sourced and more efficient V6 that met Euro IV emissions standards that come in from next July.
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