Autoworld Blog Blog Archive Toyota pulls plug on Australian…

23 Мар 2015 | Author: | No comments yet »
Toyota Tiara

Toyota pulls plug on manufacturing

One of the supposed benefits of the Free Trade Agreement is we can look forward to tax-free from Australia. Guess not happening anytime soon as Australian media sources today reported the announced of Toyota Australia’s manufacturing in Altona, Melbourne.

An official from Toyota Australia ‘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

Toyota’s history in Australia back to 1958 with the Cruiser’s arrival. Assembly of vehicles in Australia began in with the Toyota Tiara and by the 1 millionth Aussie-built Toyota off the line. The company moved its facilities from Port to the Altona plant in 1994, today builds the Camry (a version of our Camry) and the Aurion version of the Camry with a V6 The Altona plant is also for manufacturing the AR-series four-cylinder that power the Camry

Announcing the sombre news to Toyota Australia President and Max Yasuda said, “While we been undertaking the enormous of transforming our business during the two years, our people have us on the same journey, which it even more difficult to this decision.”

“We did everything we could to transform our business, but the is that there are too many beyond our control that it unviable to build cars in he continued.

Yasuda said the closure of plant will potentially the livelihood of approximately 2,500 as the company transitions into a purely sales and distribution

Toyota Tiara

Industry observers have viewed Toyota’s exit as following similar announcements by and GM Holden over the last months, bringing Australia’s car industry to a complete end by 2017, over 6,000 employees the three companies out of jobs in the and this is before taking damage along the supply into account.

Despite having land that is bigger than the ASEAN region combined, population count is estimated at no than 24 million people as of 2013, which is even than Malaysia’s 29 million in the 2010 census.

In 2013, sold just over 1.1 cars, a domestic volume is insufficient to support a manufacturing on its own. As mentioned in Toyota’s the unfavourable exchange rate of the dollar, together with the high costs of manufacturing in the has made Australian-made cars too to be attractive exports.

Pictures: Official Toyota

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Toyota Tiara
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Toyota Tiara
Toyota Tiara

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