The 2011 labor negotiations between the United Auto Workers and the Detroit Three have been a relatively quiet affair so far, but the story is a bit different on the other side of the globe. Toyota and the Australian Manufacturing Workers' Union aren't seeing eye to eye, which has lead to a strike at facilities in Melbourne and Sydney. Well, most of the union's rank and file are striking.
John Conomos, Toyota of Australia's executive chairman has announced that he will be retiring, effective June 23. The 63-year-old won't disappear from the company's offices entirely, however-- he will be taking a lesser role as chair emeritus and 'principal policy advisor.'