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Author Topic: Toyota To Stop Manufacturing Cars In Australia By 2017  (Read 1393 times)

Offline Autos_Editor

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Toyota To Stop Manufacturing Cars In Australia By 2017
« on: February 10, 2014, 09:11:45 am »


After Ford and Holden announced their retreats, Toyota's move effectively ends all automotive manufacturing in Australia

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Offline northsparrow

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Re: Toyota To Stop Manufacturing Cars In Australia By 2017
« Reply #1 on: February 10, 2014, 05:13:34 pm »
With a measly 40 BILLION dollars in the bank Toyota obviously has to cut costs where it can.



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Offline Snowman

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Re: Toyota To Stop Manufacturing Cars In Australia By 2017
« Reply #2 on: February 10, 2014, 05:41:28 pm »
Australia is such a tiny market and I am surprised it took this long for all the manufactures to pull out. The only reason Canada assembles cars is a result of our proximity to the US. A curse and a blessing.
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Offline northsparrow

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Re: Toyota To Stop Manufacturing Cars In Australia By 2017
« Reply #3 on: February 11, 2014, 07:42:00 pm »
Free trade rears its ugly head again.

To put it into other words , what economic theories prevail now that were not in favour when Toyota,
Ford and GM built the Australian auto industry in the first place?
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Offline Snowman

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Re: Toyota To Stop Manufacturing Cars In Australia By 2017
« Reply #4 on: February 11, 2014, 08:17:50 pm »
Quote from: northsparrow on February 11, 2014, 07:42:00 pm
Free trade rears its ugly head again.

To put it into other words , what economic theories prevail now that were not in favour when Toyota,
Ford and GM built the Australian auto industry in the first place?

 ??? Economies of scale. Buy a domestically manufactured car for $40k or an import of the same model for $30k.
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