Despite the bleak outlook globally for vehicle production this year, the Australian Manufacturing Workers' Union (AMWU) believes manufacturers here are in a good position to weather the storm.
Spokesperson for the AMWU Ian Jones said yesterday Ford, Holden and Toyota had already taken steps last year to cut production (Holden cut 500 jobs and Ford 350), which has helped ease the burden on these manufacturers moving forward. He went on to say that he doesn't believe any further production or job cuts are likely in the short term.
Meanwhile at Toyota's Altona plant, president Max Yasuda put on a brave face yesterday in his twice-yearly pep talk to the company's 3500 employees saying Toyota was facing a tough year with exports remaining of critical importance to the plant's survival (almost 60 percent of the cars produced at Altona are shipped to the Middle East).
Analysts say both Holden and Toyota's export business could worsen, putting further pressure on jobs.