Toyota Announces Australian Restructuring Plan
Toyota Motor Corporation (TMC) and Toyota Motor Corporation Australia Ltd. (TMCA), its production and sales subsidiary in Australia, have announced TMCA’s new business structure for 2018 onward.
TMCA will consolidate its corporate functions in Melbourne, thereby impacting the national sales and marketing operations currently located in Sydney, according to the automaker.
Most of the Altona Plant―which will cease manufacturing by the end of 2017―will be reestablished as training and product development facilities, leveraging 50 years of accumulated knowledge and expertise to further develop Toyota people, products and services.
Toyota’s decision to stop manufacturing and continue as a national sales and distribution company from 2018 was taken from a long-term point-of-view with the customer firmly in mind, to maintain a sustainable business well into the future, according to the automaker.