Skip to site menu Skip to page content

Daily Newsletter

18 October 2023

Daily Newsletter

18 October 2023

Toyota Australia halts Camry hybrid orders

Customer wait times are over two years

Graeme Roberts October 18 2023

Toyota Australia said it had "paused" order taking for Camry hybrid variants "due to extraordinary demand that has seen 90% of customers of the popular mid size sedan opt for the petrol electric models".

"Despite substantially improved supply since May [across the full vehicle range], including Camry hybrid, the broad appeal and high level of orders for these fuel-efficient cars has resulted in customer wait times remaining above two years," the company said in a statement.

Sales chief Sean Hanley said: “I want to assure all customers we are doing everything possible to increase supply for Australia and to expedite delivery of vehicles as they arrive.”

“Our global production teams have consistently adopted countermeasures that have improved the supply of components affected by global shortages, such as semiconductors,” he added.

In the nine months to 30 September, new Camry deliveries reached 7,130 vehicles of which 6,490 were hybrid variants.

Toyota Australia began Camry hybrid production in 2009 but ended Australian manufacturing in 2017 when it closed the Altona (Melbourne) plant, switching its entire model line to fully imported vehicles, sourced mainly from Japan.

As the Australian subsidiary was announcing the Camry order hiatus last night, the parent company in Japan said it had extended its domestic production shutdown to 10 assembly lines at six plants due to component shortages following an explosion this week at a key supplier.

APAC leads the Connected Vehicle Technologies market in 2023

The France foodservice profit sector generated revenue of EUR125.2 billion in 2022 and is forecasted to record a CAGR of over 5% during 2022-2027 driven by an increase in the transaction count. QSR was the largest profit sector channel in 2022, followed by FSR, accommodation, and others. QSR’s popularity reflects the growing preference for convenient and affordable food offerings.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close