Cars
Toyota Cutting 350 Jobs in Australia Due to Slowing Demand
In a rare move for Toyota, the Japanese automaker announced today that it is axing 350 jobs at its Australian plant in Altona, Victoria, due to what the company describes as "unprecedented operating conditions". The job cuts will affect manufacturing and production workers as well as the firm's management.
Toyota Australia President and CEO, Max Yasuda, said the extremely strong Australian dollar, which has risen to its highest position in six weeks against the US dollar, along with the global economic crisis that saw reduced demand from the local division's main export markets such as the Middle East, are to blame.
Read more »
-
Official: Ford To End Australian Production In 2016, Kills Off Falcon
As we reported earlier, Ford announced today that it will cease its Australian manufacturing operations on October 16, 2016, leading to the loss of around 1,200 jobs out of a total of 3,500 people it employs at its production plants at Broadmeadows and...
-
Toyota Brings In Security Guards To Personally Escort Sacked Workers In Australia
More than 200 workers Toyota workers at the firm's Altona plant in Melbourne, Australia, were in for a nasty surprise on Monday as the company went ahead with its original plan to axe 350 employees. The remaining workers will be sacked on Tuesday....
-
Nissan Reduces Production And Cuts 1,200 Jobs At Uk Sunderland Plant
The significant decline in customer demand across Europe has prompted Nissan to reduce production at its manufacturing plant in Sunderland, UK. The Japanese automaker that has already cut down production at the plant said that it would trim one shift...
-
Chrysler To Shut Down Delaware Plant In 2008 And Reduce Production At Toledo
While Cerberus is reportedly talking with GM and Renault (click here for details), Chrysler continues to close factories and lay off workers in its North American sites. Today the American automaker said that it plans to close the Delaware Assembly Plant...
-
Toyota To Produce Camry Hybrid In Australia
Toyota confirmed today that it will build the Camry Hybrid sedan at its Altona plant in the State of Victoria in south-eastern Australia from the beginning of 2010. Currently, the hybrid Camry is produced only in Japan and the United States. The Japanese...
Cars