Original article by Nick Toscano
The Age – Page: 21 : 4-Oct-17

The closure of Toyota’s car plant in Victoria will result in the loss of 2,600 direct jobs. However, government modelling shows that component suppliers will shed about 3,000 jobs as a result of Toyota’s decision to end local manufacturing. At least 16 suppliers expect to cease trading, while 25 intend to reduce their workforce. Dave Smith of the Australian Manufacturing Workers’ Union notes that about 50 per cent of Ford workers have not secured full-time employment 12 months after Ford ceased local manufacturing. Holden’s plant in Adelaide will close later in the month.

CORPORATES
TOYOTA MOTOR CORPORATION AUSTRALIA LIMITED, FORD MOTOR COMPANY AUSTRALIA LIMITED, GM HOLDEN LIMITED, AUSTRALIAN MANUFACTURING WORKERS’ UNION, MITSUBISHI MOTORS AUSTRALIA LIMITED, VICTORIA. DEPT OF ECONOMIC DEVELOPMENT, JOBS, TRANSPORT AND RESOURCES, VICTORIAN AUTOMOBILE CHAMBER OF COMMERCE