Federal Industry Minister Ian Macfarlane hasn't given up on saving Ford's car manufacturing operations in Australia.

The company has already announced plans to stop vehicle production in 2016, citing the high cost of local manufacturing.

But after touring Holden's assembly plant in Adelaide on Wednesday and beginning talks on ensuring the company's future, Mr Macfarlane indicated all might not be lost at Holden's traditional rival.

"I'd like to think I can do something with Ford," he said.

"I want to have another discussion with the Ford people. I'm going to see what I can do over there."

Citing losses of $600 million over the past five years, Ford president and chief executive Bob Graziano said in May that the company considered the high cost of manufacturing in Australia unsustainable over the long term.

He said the company would go ahead with new models of both the Falcon and Territory next year but would stop production in October, 2016.

The decision was expected to cost about 1200 jobs.

Mr Macfarlane said he did not have buckets of cash to throw at the auto sector and the government wanted it to become internationally competitive and survive without ongoing assistance.

But he wanted the industry to survive over the long-term.

"My goal is to see Australian cars built here for 100 years," he said.