Australia-built Camry Hybrid strong seller in face of extinction.
Toyota Australia is finding breaking up is expensive to do. The automaker reports it plunged into an after-tax loss of A$437 million ($410.8 million) in the year ended March 31, a sharp reversal from the A$144 million ($135.4 million) profit the year before. It blames the loss on restructuring costs resulting from its decision to stop building cars and engines in Australia by the end of 2017. Those costs totaled A$889 million ($836.2 million) and included A$505 million ($475 million) in ...
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