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August 27, 2015 8:18 PM ET

Automobiles

Company Overview of Toyota Motor Corporation Australia Limited

Company Overview

Toyota Motor Corporation Australia Limited manufactures and exports passenger, four wheel drive and sports utility vehicles, and commercial vehicles in Australia. The company offers various accessories, such as oil filters, oils and lubricants, brake pads, fuel filters, spark plugs, air filters, clutches, shock absorbers, drive belts, mufflers, batteries, and tires. It supplies Camry vehicles to the Middle East, New Zealand, South Africa, and Oceania markets. The company was founded in 1958 and is based in Melbourne, Australia with additional offices in Altona North, Adelaide, Caringbah, Brisbane, Townsville, East Perth, and Darwin in Australia. Toyota Motor Corporation Australia Limited ope...

155 Bertie Street

Port Melbourne

Melbourne, VIC 3024

Australia

Founded in 1958

Phone:

61 3 9647 4444

Fax:

61 3 9645 1311

Key Executives for Toyota Motor Corporation Australia Limited

President and Senior Executive Director
Chairman Emeritus and Principal Policy Advisor
Executive Director
Executive Director
Executive Vice President
Compensation as of Fiscal Year 2015.

Toyota Motor Corporation Australia Limited Key Developments

Toyota Australia Announces Earnings Results for the Fiscal Year Ending March 31, 2015

Toyota Australia announced earnings results for the fiscal year ending March 31, 2015. The company has returned to profit during the fiscal year ending March 31, 2015. For fiscal year 2014-15, the company has posted an after-tax profit of AUD 194 million (USD 150.6 million), compared with a huge loss of AUD 437 million (after tax) for fiscal year 2013-14 due to restructuring costs and asset write downs from its decision to stop vehicle manufacturing in the country.

Toyota Australia to Cut 100 Back Office Jobs as it Consolidates Corporate Operations in Port Melbourne Before Ceasing the Production of Vehicles in Australia in 2017

Toyota Australia is believed to be cutting about 100 back office jobs as it consolidates corporate operations in Port Melbourne before ceasing the production of vehicles in Australia in 2017. The exact number of jobs to go is still unclear but is believed to be about 100. The company announced that there would be a significant reduction in corporate support roles and the four Toyota parts centers would 'undergo major reform' to improve global competitiveness.

Toyota Australia Announces Earnings Results for the Year Ended March 31, 2014

Toyota Australia announced earnings results for the year ended March 31, 2014. For the quarter, the company reported a loss of AUD 437 million (after tax; USD 411 million), compared to a net profit of AUD 144 million posted during the previous year. Sales revenues stood at AUD 8.4 billion, down from AUD 8.9 billion posted in previous year. A huge loss due to restructuring costs associated with the decision to exit vehicle manufacturing in Australia 2017.

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