Toyota to continue production in Australia beyond 2016
Posted on February 23, 2012, Thursday
MELBOURNE: Toyota has pledged to continue building cars in Australia beyond 2016, after Holden this week could not guarantee the continuation of the Commodore brand beyond six years.
Toyota sales and marketing director Matthew Callachor told News Limited the company was launching new versions of its locally produced medium-sized cars, the Camry and Camry Hybrid, and the Aurion large car.
“It is not generally recognised that Toyota Australia secured its investment for the new-model Camry, Aurion and Camry Hybrid without government co-investment,” he said.
Toyota was reportedly set to fund most of its new A$300 million engine plant at Altona here itself, with financial support from the federal and Victorian governments. — Bernama
