Despite exporting 70,000 cars a year, Toyota is closing its last manufacturing plant on Australian soil. A combination of bad business, bad governance and a bad industry environment has made it impossible for the stalwart of the industry to soldier on.

The car manufacturing industry has been subsidised in Australia since 1948, but when the subsidies came to an end under the Abbott government, so did the industry.

Toyota exits as our most successful vehicle exporter, having sent 1.3 million cars overseas. The last car, which rolled off today, takes the total number of Toyotas made here over five decades to 3,451,115.

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Tuesday, October 3 2017
Featured in storyDave Smith, National Secretary of The Australian Manufacturing Workers' UnionSimon Breheny, Director of Policy at the Institute of Public Affairs Phillip Toner, Senior Research Fellow, Department of Political Economy, University of SydneyRoy Green, Dean of the UTS Business School Daniel Samson, Professor of Management, University of Melbourne

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