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9 Июн 2015 | Author: | No comments yet »
Toyota SA

Media Release

10 February

Toyota Australia announces plan for local manufacturing

Australia today announced it will stop building in Australia by the end of 2017 and become a sales and distribution company.

means that local of the Camry, Camry Hybrid and vehicles, as well as the production of cylinder engines, will by the end of 2017.

The decision was not based on any factor. The market and economic contributing to the decision include the Australian dollar that exports unviable, high of manufacturing and low economies of scale for our production and local supplier

Together with one of the most and fragmented automotive markets in the and increased competitiveness due to current and Free Trade Agreements, it is not to continue building cars in

Toyota Australia President and Max Yasuda, was joined by Toyota Corporation President and CEO, Toyoda, as he made the announcement to late this afternoon.

is devastating news for all of our employees who dedicated their lives to the during the past 50 years,” Mr said.

“While we have been the enormous task of transforming our during the past two years, our have joined us on the same which makes it even difficult to announce this

“We did everything that we could to our business, but the reality is that are too many factors beyond our that make it unviable to cars in Australia.

“Although the has made profits in the past, our operations have continued to be making despite our best

“Our focus will now be to with our employees, suppliers, and the unions as we transition to a national and distribution company. Support will be available to our employees and we do everything that we can to minimise the of this decision on our employees and

Mr Yasuda said approximately employees directly involved manufacturing will be impacted the plant stops building in 2017.

There will be an impact on the company’s corporate which will be studied the coming months to determine roles and functions will in the future.

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Mr Yasuda said that was also committed to providing to the industry as it prepares for the end of vehicle in Australia.

“We will work our key stakeholders to determine how to provide the support to our employees, suppliers and communities during the coming Mr Yasuda said.

“Not do we need to ensure our local and employees can plan for their we also need to make that we continue to produce quality vehicles and engines for our and export customers.”

Toyota Australia will to be involved in its local communities and thousands of people both and indirectly via its extensive dealership

It is the company’s intention to import the and Aurion vehicles beyond along with the entire of Toyota passenger and commercial

— ENDS —

For information please contact:

Angel, Toyota Australia, 271 279,

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