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The world's largest car-maker Toyota is to follow Holden and Ford and close its Australian operation by the end of 2017.
The federal government says it remains focused on the economy and jobs despite Toyota announcing an end to car making in 2017.
Toyota has announced a global recall of 1.9 million Prius hybrid cars because of a fault that could cause the vehicle to suddenly slow.
LE MANS, France (Reuters) - Holders Toyota took pole position for the 24 Hours of Le Mans sportscar race on Thursday night with Japan's Kamui Kobayashi leading the third front-row lockout in three years for the factory TS050 hybrid cars.
Toyota has blamed drivers and stuck accelerators for the acceleration claims that led to the recalls of Camrys and other vehicles.
Toyota says Holden's decision to stop manufacturing cars in Australia puts it under "unprecendented" pressure.
Carmaker Toyota is looking to splash out 360 billion yen on a share buy-back.
LIMA (Reuters) - Qatar's Nasser Al-Attiyah became a three times Dakar Rally winner on Thursday, taking no risks on the last stage to Lima and finishing with a 46-minute lead, while Australian Toby Price took the motorcycle crown.
The world's biggest car maker says its April-June profit soared 93.6 per cent to Y562.19 billion.
Toyota is also investing $US500 million in Uber as part of an alliance to build self-driving cars for its ride-hailing service.
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