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Toyota stop producing in Australia

Toyota has decided to stop  the Australian production car at the end of 2017.  Due to the appreciation of the Australian dollar and the impact of rising labor costs,  it is difficult to continue production in Australia, while sales will remain. In addition, the U.S. General Motors (GM) has announced a freeze on local production. Then there will no longer car manufactures in Australia.Toyota started local production in 1963, the number of employees  is 4029.Australia's 2013 full-year new vehicle sales is1,130,006 Toyota's share of about 20% amount to 214,630, topped the list. However, due to higher costs and other factors, Toyotahave been reducing production models.Australian workers engaged in manufacturing labor costs is about 30% higher than  United States. In addition, to take advantage of the appreciation of the Australian dollar advantage of imported cars also launched a fierce offensive. Australia and South Korea free trade agreement (FTA) will come into force in 2015, then  car import tariffs will immediately abolished.  Advantages of local production in the context of the increasingly weak,  car manufacturers have announced to stop production in Australia. Ford Motor announced that it will close the plant in 2016, while GM's Holden (Holden) car companies will close the plant in 2017.Toyota hired for maintaining the scale of consideration, had seriously discussed to continue production at the local, but if it becomes a local automobile manufacturers, parts procurement costs issues will also emerge. In addition, this year,  Australian Government will abolish subsidies for suggesting the auto industry and other manufacturing industries as in the past it will be difficult to expect that kind of support, this is Toyota's decision to withdraw from the background.
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