After looming for four years, “Carmageddon” has hit the Australian auto industry.
Toyota closed its factory in Melbourne on Tuesday, ending 54 years of production by the Japanese firm in Australia, the first country outside of Japan where the company made cars.
Iconic local brand Holden plans to shutter its factory in Adelaide on Oct. 20, ending car manufacturing in Australia.
Ford Motor Co., which pioneered Australian-based auto making in 1925, heralded its end in 2013 by announcing it would close its last two Australian manufacturing plants in 2016.
General Motors-owned Holden followed suit several months later by.... READ MORE HERE
Toyota closed its factory in Melbourne on Tuesday, ending 54 years of production by the Japanese firm in Australia, the first country outside of Japan where the company made cars.
Iconic local brand Holden plans to shutter its factory in Adelaide on Oct. 20, ending car manufacturing in Australia.
Ford Motor Co., which pioneered Australian-based auto making in 1925, heralded its end in 2013 by announcing it would close its last two Australian manufacturing plants in 2016.
General Motors-owned Holden followed suit several months later by.... READ MORE HERE