Toyota Australia has responded quickly to the news that its parent company is gearing up for its first loss, in more than 70 years of operation, by stating that the local operation will not be greatly affected.
The first Australian Toyota casualty of the Global Credit Crisis was TRD (Toyota Racing Developments) with Toyota announcing a week ago that it would close down its Australian performance operation in 2009.
However, spokesman for Toyota Australia, Glenn Campbell, has confirmed that there are no plans to reduce the local workforce.
Toyota would rather cut back slightly on production, beginning in February (drop from 533 units per day to 510) and review production levels on a monthly basis.
“We are certainly experiencing a softening in demand for domestic product and we will make some adjustments to our plant workday schedule,” Mr Campbell said.
With the assistance of $35 million in Federal Government funding, Toyota is due to release its locally made hybrid Camry in 2010. The Federal Industry Minister, Kim Carr has stated that Toyota’s head office announcement would not affect the Government’s production orders with the company.
Toyota will today ship its 100,000th vehicle to the Middle East, where orders for the V6 Aurion model remain strong.
[Source: The Age]
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it appears as though Toyo-oz is saying one thing whilst Toyo-kyo is saying another
Because Toyo-kyo has said that all future projects have been “put on ice” [Like the Supra] to determine whether or not they are “economically viable”.
Which could mean that they are looking at streamlining their line up and the Ozi Hybrid could be “still-born”.
or they could even pull out of Australia as the Cam-Aurion is made in both Japan and the USA.
Toyota IS NOT pulling out of Australia, when have they ever passed such a statement … NEVER !!
Toyota’s local operations at Altona is an important manufactuering facility for TMC and over the past few years have infact invested a sum of money in their Australian operation and not downsized or retrenched personell by the hundreds as Holden and Ford have done.
As it stands today, Toyota Australia still retains all of it’s current positions and even with the saddened withdrawal of TRD, those personell were repositioned within the organisation and not retrenched which i consider a good move by the company and i’m sure those employees thought the same.
You should stop making up assumptions because i reserve no-doubt your opinions will be proven bluntatntly wrong.
Local manufactuering of the hybrid Camry has been be given the official green light and will commence production at Altona in 2010 and while i am at it, Toyota Australia will set a new export record for the 2008 period with 101 000 vehicles slated for overseas markets which is up from 97 000 they set last year.
WELL DONE TOYOTA !!