Mon, 10 Feb 2014 13:22:13 GMT
Toyota to close Australian plant by 2017
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