Toyota to stop making cars in Australia from 2017
Published on Feb 10, 2014 2:26 PM
MELBOURNE (AFP) - Toyota said on Monday it would stop making cars in Australia in a move that would leave the country with no auto manufacturing, despite appeals by Prime Minister Tony Abbott.
The Japanese auto giant, the world’s biggest vehicle maker, said production of vehicles and engines would stop at the end of 2017, throwing into doubt 3,900 jobs at its Altona plant in a Melbourne suburb and another 150 jobs at a separate design facility.
Abbott had previously sought talks with Toyota to persuade them to keep its plants open and prevent a complete collapse of Australia’s car manufacturing industry.
The news comes just months after General Motors’ subsidiary GM Holden said it will shut down its manufacturing plants in Australia by 2017 with the loss of 2,900 jobs.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here