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November 27, 2015 3:10 PM ET


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


Founded in 1958


61 3 9647 4444


61 3 9645 1311

Key Executives for Toyota Motor Corporation Australia Limited

President, Senior Executive Director and Member of Toyota Product Committee
Chief Financial Officer, Senior Executive Director, Treasurer, Director, Member of Corporate Compliance Committee and Member of Human Resources Committee
Non Resident Director and Chief Executive Officer of Toyota New Zealand Limited
General Counsel, Divisional Manager of Corporate Affairs and Company Secretary
Executive Vice President
Compensation as of Fiscal Year 2015.

Toyota Motor Corporation Australia Limited Key Developments

Toyota Motor Corporation Australia Limited Unveils New Seven-Seat Fortuner

Toyota Motor Corporation Australia Limited announced that it has unveiled the new seven-seat Fortuner at value pricing from under AUD 50,000. Fortuner has a strong Australian DNA with its unique body, wiring and key underpinnings having been designed or extensively developed and evaluated by local engineers. The rugged frame, high-torque engine, all-coil suspension and strong upper body have been proven in Australia under the world's toughest conditions on tarmac and off the beaten track. In addition to its prodigious off-road ability, Fortuner delivers the compliant ride, interior space, convenient features and premium quality expected in a modern SUV. Fortuner becomes the company’s seventh SUV, joining RAV4, Kluger, FJ Cruiser and the LandCruiser trio of Prado, 70 Series and 200 Series wagons. Buyers are offered three grades - GX, GXL and Crusade - all powered by a high-torque 2.8-litre four-cylinder common-rail direct-injection turbo-diesel engine with a choice of six-speed manual or automatic transmissions. Maximum power is 130kW and peak torque is 450Nm for the automatic and 420Nm for the manual. Braked towing capacity is 3,000kg for the manual and 2,800kg for the auto. Fortuner uses just 7.8 litres/100km^ for the manual, providing a theoretical range of more than 1,000km from the 80-litre fuel tank. Fuel consumption with the auto is 8.6 litres/100km. The GX grade, which is expected to account for just over half of Fortuner's sales, has a starting price of $47,990 for the manual and just $2,000 more for the auto - both below the $50,000 threshold. Fortuner's impressive list of standard features includes air-conditioning, rear differential lock, touch-screen audio display with the company Link connected mobility, cruise control, side steps and 17-inch steel wheels with all-terrain tyres. The company expects the maximum five-star safety rating as all variants are equipped with stability and active traction control, seven airbags, reversing camera, trailer sway control, hill-start assist control and rake-and-reach adjustments for the steering column. It includes three top-tether anchors and two ISOFIX child-seat mounts. Fortuner's seven seats are arranged in a 2-3-2 configuration. The 60/40 split-fold second-row seat has a one-touch slide and tumble feature while the 50/50 third-row seats are stowable. Cargo capacity ranges from 200 litres to 1,080 litres when packed to the top of the seat backs. Standard equipment also includes durable fabric seat-coverings with contrast stitching, projector-style headlamps, LED tail-lamps, an air-conditioned cool box, Bluetooth connectivity, six speakers, three 12V accessory sockets, audio and phone controls mounted on the steering wheel, eco and power drive modes and a multi-information display (MID) in the instrument cluster. Mid-range GXL gains alloy wheels, keyless smart entry and start, roof rails, reverse parking sensors, fog lamps, colour MID, privacy glass and downhill assist control. Manual versions have Toyota's innovative "intelligent" system that matches engine revolutions to transmission speed for smooth shifting. Auto variants have paddle shifters. Prices start at $52,990. Top of the range Crusade expands the luxury with a leather-accented interior (available in fawn or dark brown), satellite navigation^^, power tailgate, climate-control air-conditioning, bi-LED headlamps, 18-inch alloy wheels (including the spare), 220V socket and a power-operated driver's seat. It is priced from $59,990. A comprehensive range of Toyota Genuine accessories is available including airbag-compatible bull bars and newly developed towbar and load distribution hitch. Development of accessories was undertaken in parallel with the vehicle and tested rigorously under local conditions a level of integration unmatched by the aftermarket.

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.

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