Toyota says needs to reduce cost of Australian-built vehicles by A$3,800.
Toyota Australia is taking action to renegotiate its union contract, saying it needs changes to ensure its survival as a local manufacturer. The existing labor agreement for the 2,500 workers at its plant at Altona, outside Melbourne, does not expire until 2015. Toyota says in a statement it wants changes that include the removal of outdated and uncompetitive practices and allowances that increase Toyota's labor costs and reduce its global competitiveness. The workers will vote ...
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