With its Australian future now in the balance, here's how Toyota reacted to news of Holden's closure:
"We are saddened to learn of GM Holden's decision.
This will place unprecedented pressure on the local supplier network and our ability to build cars in Australia.
We will now work with our suppliers, key stakeholders and the government to determine our next steps and whether we can continue operating as the sole vehicle manufacturer in Australia.
We will continue with our transformation journey as planned."
Who do you think deserves to win the 2017 COTY title? Cast your vote for a chance to win $1,000.
Sign up here to receive the latest round-up of Wheels news, reviews and video highlights straight to your inbox each week.