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Toyota freezes UK staff pay & bonuses : Car Advice | News Blog

Toyota freezes UK staff pay & bonuses

February 19, 2009 by Matt Brogan  




Troubling news from Toyota today in the UK where the manufacturer has announced a freeze on pay and management bonuses.

avensis_07

Toyota Manufacturing UK announced the measures at its UK car-making operations would also include a voluntary severance program for staff at its plants near Derby, in central England, and Deeside, in north Wales.

Toyota was considering introducing a shorter working week for reduced pay or temporarily suspending staff, although it had not made any final decisions and was continuing talks with unions.

The harsh measures come in response to a 20 per cent fall in production as a result of the lowered demand caused by the global economic downturn.

Toyota, which makes its Avensis (Camry/Aurion) and Auris (Corolla) models in the UK employs 3870 people at the two plants. No fixed date has been agreed on when things will return to normal.

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Comments

10 Responses to “Toyota freezes UK staff pay & bonuses”
  1. MisterTwo says:

    There is no similarity at all between the UK Avensis and the Camry/Aurion. The Avensis is a smaller Mazda6 sized vehicle. Also the Avensis picture above is of the old model, a new model has just come out which has a very sharp look about it. See http://www.toyota.co.uk.

  2. adam (aka mada) says:

    There was speculation that Ford globally wouldn’t be too far behind Toyota by the end of 2009 financially.
    Interesting to see what weak brands die after the global recession ends…

  3. Ford Ranger says:

    More sad news for the unbreakable game changing Toybota, not so invinsible now are they hahahaha.

  4. Yet GM is so screwed they can no longer stand on thier own two feet and need drip feeding from the public purse just to make it to the next day …. HA, HA, HA !!!!

    Not long now til they file for Chapter 11 … just a matter of time

    Tick tock, tick tock, tick tock

    Adam – contraray to what some dumb-ass reports that have circulated, don’t be such an idiot to even remotely compare Fords finacnces to Toyota … it is absolutely and complete absurbed.

    First of all, Ford is riddled in multi-billin dollar debts, Toyota is not.

    Mister Two – your comment on the Avensis is correct … Car Advice, get it together !!!!

  5. Conrod says:

    All Aussie Dog……..Ford have some debts but havent needed to suck money from the Gov, sure they are in bad shape but nowhere near GM and Chrysler. Unlike those two Ford actually have some of their own money……

  6. Conrod says:

    All Aussie dog……Toyota are in worse shape than anyone would have thought so dont open your bragging Japanese loving mouth too soon……Where in Japan were you born?

  7. Forza M says:

    Conrod, where in the US read that again US where you born?

    Toyota have enough money in cash reserves to buy and sell the so called big 3 20 times over. Woodie

  8. Frosty says:

    All aussie dog and Forza M are the same person so disregard their comments. Did a I.P check.

  9. Cupid Stunt says:

    Yep and they don’t sell the home built product in the numbers to sustain their staffing numbers. Toyota here only command less that 5% of a market share even with a multitude of little cars, Aygo, Yaris, IQ, Auris.
    Yes thats correct that’s apicture of the old Avensis. Come on CA get up to date.

  10. rbb says:

    how could you take anyone serious with a name like “ford ranger” ha ha ha! i wouldn’t name my dog after anything from ford range! toyota own there own finance company and they could buy ford gm & crysler with money from there petty cash tin!

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