Ford and Mercedes-Benz reportedly dismiss JobKeeper repayments, leaving Toyota as the only profitable carmaker to return taxpayer funds

Ford and Mercedes-Benz reportedly dismiss JobKeeper repayments, leaving Toyota as the only profitable carmaker to return taxpayer funds
David Adams
Toyota remains the only profitable carmaker to pledge the repayment of JobKeeper subsidies, after Mercedes-Benz and Ford said they have no plans to do so.
Both automakers turned profits in 2020 but told the ABC those taxpayer subsidies were necessary to keep their local workforce on the books.
In January, Toyota said it would repay some $18 million in JobKeeper payments, after stronger-than-expected sales towards the end of a chaotic 2020.
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Toyota remains the only profitable carmaker to pledge the repayment of excess JobKeeper payments, after Mercedes-Benz and Ford confirmed they have no plans to rescind taxpayer funds accrued over the past year.

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