Oh what a sinking feeling … a half-century on, Toyota pulls out

Original article by Philip King
The Australian – Page: 7 : 3-Oct-17

Toyota’s Altona manufacturing plant in Melbourne will close on 3 October 2017, with the loss of 2,500 jobs. John Conomos, the former head of Toyota Australia, says the Japanese car-maker would have maintained a local manufacturing presence if Holden or Ford had also decided to remain in Australia. He adds that Toyota had been planning to build a third model in Australia, most likely a sports utility vehicle, when its rivals announced plans to end local production. Holden’s assembly plant in Adelaide will close on 20 October.

CORPORATES
TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, GM HOLDEN LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED

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