Toyota to close Australian plant by 2017

Source: Bloomberg
© Scanpix/Reuters
Toyota Motor Corp., the largest car maker in the world, announced that it will close its Australian plant by 2017, pointing on high costs and expensive Australian dollar. The producer has 2,500 employees in Australia. Therefore, after 2017 there will remain no car plants in the country. Today, Toyota Motor Corp. shares added 1.6% to 5,994 yen per share during the trading session in Tokyo.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.