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Tuesday, 3 October 2017, 09:46 HKT/SGT

Source: Toyota Motor Corporation
Toyota Ends Production in Australia After 54 Years
- Toyota Community Foundation Australia established as part of Toyota's continued contribution to the Australia region -

Toyota City, Japan, Oct 3, 2017 - (JCN Newswire) - Toyota Motor Corporation Australia Ltd. (TMCA), the production and sales subsidiary of Toyota Motor Corporation (TMC) in Australia, ended 54 years of manufacturing in Australia today.

Approximately 3,000 people, including current employees as well as former employees, suppliers, dealers and officials from TMC attended the closure ceremony held at the Altona plant.

TMCA President Dave Buttner paid tribute to departing employees, stating, "Thanks to everyone's long-standing efforts, Toyota became the top automobile manufacturer in Australia, and the vehicles produced here became a byword for quality and reliability not only in Australia but also in the world as the vehicles were exported to other regions like the Middle East."

Additionally, TMCA Chairman Max Yasuda announced at the ceremony the establishment of the Toyota Community Foundation Australia Pty Ltd. to contribute to the Australia region over the long term after the end of manufacturing. The foundation is expected to start with a fund of $32 million (AUD), which is equivalent to approximately JPY2.8 billion, and will provide educational support to children. Focusing on the western Melbourne suburb where the Altona plant is located, the plan first calls to provide support to students with economic difficulties and to schools with disadvantaged educational environments. Chairman Yasuda stated, "We would like to provide young Australians the opportunity to further continue their studies and careers and support young people's dreams into the future."

Akio Toyoda, TMC president, made remarks via video message. During his message, the screen showed clips of his visit to the Altona plant at the end of August, during which he encouraged employees and informed them of his gratitude directly. In his message, President Toyoda stated, "I sincerely express my gratitude for the efforts of the employees, customers, suppliers, dealers, government officials, and local communities that have supported production activities in Australia. Although the manufacturing business will end today, we will continue to make further efforts to be an automobile manufacturer that will be loved by everyone here in Australia and be supported even more than before."

TMCA will shift its sales and marketing functions from Sydney to its Melbourne headquarters, as it transitions to a national sales and distribution company from 2018. The Altona plant will be re-established as a training and product development facility, leveraging previously accumulated knowledge and expertise to further develop Toyota people, products, and services. Following the decision to end manufacturing operations in Australia three years ago, TMCA has carried out re-employment assistance by providing employees with individual career consultations, job information, job fairs, job skills training, among other activities. TMCA expects to continue with these activities until the middle of 2018.

About Toyota Motor Corporation

Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.

Public Affairs Division
Global Communications Department
Toyota Motor Corporation
Tel: +81-3-3817-9926

Source: Toyota Motor Corporation

Topic: Press release summary
Sectors: Automotive
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