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Old 12th February 2014, 12:54   #16
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Default Re: Toyota to exit manufacturing from Australia by 2017

So it’s the second big exit plan after Ford (or third with GM-Holden’s plan to move out?). One view is that, Australia’s pro-worker policies are not really going well with these big manufacturers. And strong AUD could be another reason.
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Old 13th February 2014, 09:42   #17
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Default Re: Toyota to exit manufacturing from Australia by 2017

Quote:
Originally Posted by vb-san View Post
So it’s the second big exit plan after Ford (or third with GM-Holden’s plan to move out?). One view is that, Australia’s pro-worker policies are not really going well with these big manufacturers. And strong AUD could be another reason.
Yes I do believe with the rising AUD, it is becoming difficult for them to remain competitive in terms of production and manufacturing costs.

Far more sensible for them to invest in bigger production facilities in India, Vietnam, Laos, Thailand, Myanmar, China, Indonesia etc.

(Hopefully India by then will have a safe, stable, decisive, decent, pro-development and infrastructure, government instead of all this posturing and tantrums and petulant, sulky behaviour!!)
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