10 years since the last nail in the coffin for Australian vehicle production

[Syndrome]

It was announced on 10th Feb 2014 (missed it two weeks ago)

https://www.drive.com.au/news/toyota...2017-official/

It took GM 19 months to follow Ford's decision to end local vehicle production. But once GM made their announcement Toyota followed only 2 months later.

It was clear to Toyota that with Ford and GM gone, a lot of the common tier 1 suppliers were not going to be able to survive on only Toyota's volumes. Hence if they were to continue local vehicle production their operation would become an expensive CKD setup. This would be almost impossible to justify considering Thailand was a cheaper environment for vehicle assembly, had a thriving automotive manufacturing industry and a government which supported foreign companies investing in Thailand, unlike the Australian governments.

Unlike Ford and GM, the Toyota change was almost seamless as the imported Camry was a natural transition from the Altona produced models. The only change is the end of the Aurion model.