Toyota to finish Australian manufacturing on October 3
HOLDEN will be the last mainstream manufacturer to build cars in Australia after Toyota announced it will cease production on October 3 this year.
Ford has already pulled the pin on Falcon and Territory manufacturing, while Toyota Australia will follow in the first week of October with closure at its Altona manufacturing plant.
Toyota will stop building Aurion vehicles in August, Camry Hybrid vehicles in September and Camry petrol cars in October.
Toyota will still sell cars in Australia, but will become a national sales and distribution company.
As part of Toyota Australia's transition to a national sales and distribution company, the consolidation of all corporate functions from Sydney to Melbourne will take effect by January 1 next year.
With the closure of manufacturing, the number of employees will reduce from 3900 people to about 1300.
The head office will continue to be based in Port Melbourne and most of the Altona manufacturing site will be retained for new and relocated functions.