Thursday, February 13, 2014

Australian Supplier Association Warns Of 33,000 Jobs Lost In Wake Of Producer Exits

2010-2011_Holden_VE_II_Ute_(MY11)_SV6_utility_(2011-04-22)_03

In light of Toyota Australia's decision to cease all manufacturing operations in Australia by 2017, the Federation of Automotive Products Manufacturers is warning that as many as 33,000 jobs in the supply chain are at risk of following the automakers out of the country.

Just-Auto reports that the lost jobs include those in design, engineering, prototyping, R&D and assembly. FAPM said it was satisfied with the reasons behind Toyota Australia's production exit, though president Jim Griffin warned of rough seas ahead:

"We may now not have time enough to transition. Our industry has the skills and know-how to be competitive but we need time and assistance to re-shape our businesses, to get new customers and diversify into new markets."

FAPM chief executive also added that diversification, exporting and/or importing new business models outside of the dying local automotive industry may be the only way through the storm, even if most of their membership won't make it out alive when the last Aurion and Commodore leave the assembly line in three years' time.



from The Truth About Cars http://ift.tt/Jh8LjA

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