Loss of Toyota would be ‘very significant’
Toyota, which pioneered hybrid models with the Prius, has been slow to the fully electric transition compared to other manufacturers.
The loss of Toyota would be “very significant” for an already wounded UK car industry, said Prof Andrew Graves at the University of Bath, a 50-year UK car industry veteran.
In the last year, UK car making has suffered the loss of Honda’s plant in Swindon and car making at Vauxhall’s plant at Ellesmere Port, which has switched to producing vans.
“I mean, we’re seeing one after the other go,” he added. Prof Graves started his career in 1966 as a trainee manager with Rootes Group, maker of the Hillman Imp. He worked for Lotus before working as an academic.
Hybrid cars provide lower emission alternative
Toyota is the fourth-biggest car maker in the UK after Nissan, Jaguar Land Rover and Mini. It made 124,918 Corollas in 2021 out of the total 859,575 cars made in the UK.
The manufacturer argues that its Corolla model, which sells for around £25,000, provides a lower emission alternative to petrol and diesel vehicles for those who cannot afford to switch to pure electric.