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Keyword: deathofindustry

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  • Toyota to end car manufacturing in Australia

    02/09/2014 10:55:24 PM PST · by Olog-hai · 20 replies
    Associated Press ^ | Feb. 10, 2014 1:32 AM EST | Kristen Gelineau
    Toyota said Monday it will stop making cars in Australia by the end of 2017, spelling a final blow to auto manufacturing in the country, where car companies say high production costs and tough competition have made the business financially unviable. […] In a statement, Toyota Motor Corp. said its decision was based on a combination of factors including the high Australian dollar, the high cost of manufacturing and competition. …