A Thai worker receives an annual wage of AU$ 12,500 (EUR 8K/US$ 9K). The automobile record costs had been stored relatively low in order to remain aggressive with the price setting of the Japanese and Korean manufacturers, and far decrease than equivalent vehicles (by way of engine and car size) produced by EU manufacturers. Before Holden, Ford, Toyota and Mitsubishi had already stopped producing vehicles in Australia.
Australia is surrounded by creating countries with much cheaper labor price. A local manufacturing employee costs in average AU$ sixty nine,000 (EUR 44K / US$ 50K).
Top 10 car makers in the world
The information on world car manufacturing displayed on the Worldometer’s counter is based on the latest statistics on worldwide car production issued by the International Organization of Motor Vehicle Manufacturers (OICA). From then on the American company has worn a badge of honor whereas providing high quality vehicles to the …