Toyota stops its car manufactures in Australia

1. Facts and figures

1.1. When ? End of 2017

1.2. Job loss : 50,000

1.3. Loss in national economy $19 billion

1.4. Number of cars manufactured : 200,000

2. Causes

2.1. High laber costs

2.2. Strong Australian  dollar

2.3. No subsidies from Australian government

3. Consequences

3.1. Loss of 50,000 jobs

3.2. Unemployment for Toyota workers and outsourcing companies

3.3. Lack of income for the Australian economy

3.4. Victoria and South Australia face recession

3.5. Research and development secteurs impacted