Toyota To Wrap Up NUMMI Production By March 2010
Ever since General Motors announced plans to pull out of the NUMMI plant in Fremont, California, its partner in that venture -- Toyota -- has been evaluating what to do with its own operations there. There's been much speculation as to whether Toyota would continue production on a limited basis, find a new partner, or sell its stake in the plant entirely.
It appears the matter has now been decided: according to Japan's Asahi Shimbun, Toyota will end operations at NUMMI by the March 2010 (although the company itself says no official decision has been reached). Assuming that information is accurate, Toyota will need to shift production of the...
Ever since General Motors announced plans to pull out of the NUMMI plant in Fremont, California, its partner in that venture -- Toyota -- has been evaluating what to do with its own operations there. There's been much speculation as to whether Toyota would continue production on a limited basis, find a new partner, or sell its stake in the plant entirely. It appears the matter has now been decided: according to Japan's Asahi Shimbun, Toyota will end operations at NUMMI by the March 2010 (although the company itself says no official decision has been reached). Assuming that information is accurate, Toyota will need to shift production of the... Read More
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