Difficulties in negotiations over Toyota's enterprise bargaining agreement with workers was not to blame for the company's decision to cease making cars in Australia, the company says.
Toyota has been seeking to add various clauses in its enterprise agreement to improve productivity and cut costs and this has faced resistance from unions and legal obstacles.
Toyota Australia president Max Yasuda said on Monday its decision was not based on one single element and many factors played a role.
"We did make our best effort to make the business viable and sustainable in this country, Mr Yasuda said.
"But due to many factors beyond our control it made business unviable in this country."
Mr Yasuda said the company would continue to have discussions with the unions in regard to its workplace agreement until the end of 2017.
"We'd like to keep our good relationship with the unions going forward," he said.
Among the workplace changes Toyota was seeking was reducing its Christmas shut-down period and a reduction of the number of paid days to attend union delegate training.
