Toyota Australia sounds ominous warning

Toyota Camry Hybrid

Toyota has issued an official response to news Holden will stop making cars in Australia by the end of 2017. And it’s not going to fill the local manufacturing industry with much confidence.

Toyota Australia responds to GM Holden announcement

We are saddened to learn of GM Holden’s decision.

This will place unprecedented pressure on the local supplier network and our ability to build cars in Australia.

We will now work with our suppliers, key stakeholders and the government to determine our next steps and whether we can continue operating as the sole vehicle manufacturer in Australia.

We will continue with our transformation journey as planned.