Toyota Boss Akio Toyoda Requires “sustainable Growth” If Australian Plant To Survive

Toyota boss Akio Toyoda requires “sustainable growth” if Australian plant to surviveToyota Motor Corporation boss Akio Toyoda has said the company’s Australian manufacturing operations needs to “aim at achieving sustainable growth” if it is to remain viable.

Speaking at a pre-Tokyo motor show dinner, Toyoda-san appeared to back the path set by local executives to push suppliers to increase productivity and lower manufacturing costs by $3800 per car built by 2018. He did, however, also push the case to grow the manufacturing output, rather than just maintain it.

“We have a very long history in operating in Australia,” the global boss began. “So going forward, working closely with our suppliers in Australia, we would like to aim at achieving sustainable growth. In terms of competitiveness, that is achieved by ourselves working closely together with suppliers.”