Three Australian auto giants plan shutdown

Toyota will join Ford and Holden to close its Australian factory in 2017 after its car assembly operations lost an estimated $1.75bn over the past 10 years — despite an injection of about $1.2bn in taxpayer dollars over that period. Toyota’s announcement will bring an end to vehicle manufacturing in Australia after more than 100... 
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Added February 25, 2014
from The Punch News