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Old 08-16-2009, 10:11 AM
 
418 posts, read 1,111,719 times
Reputation: 104

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just got this off of marketwatch.
Quote:
The news comes after Toyota /quotes/comstock/13*!tm (TM 85.75, -0.16, -0.19%) and General Motors Co. terminated their joint operation known as the New United Motor Manufacturing, Inc., or NUMMI, in Fremont, a San Francisco suburb, Dow Jones Newswires reported, citing a story in a Japanese newspaper.

Toyota, the world's largest vehicle maker by sales, plans to transfer production of its Tacoma pickup trucks from Fremont to its Texas plant, Asahi Shimbun reported Saturday without naming a source, according to Dow Jones Newswires. The NUMMI plant also assembles Toyota's Corolla cars.

Toyota will announce the NUMMI decision by the end of August, the report said.

The Japanese manufacturer had been considering operating the plant, which opened in 1984, as a solo venture. California officials have been attempting to persuade Toyota to keep the plant, which provides more than 4,000 jobs, open.

California once was a U.S. auto-making center, with clusters of plants in the Los Angeles and San Francisco areas. NUMMI is the last remaining plant.
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Old 08-16-2009, 10:50 AM
 
Location: Seaford, Delaware
3,471 posts, read 17,216,285 times
Reputation: 2624
I think Toyota is still working on what to do. Thier truck sales are down. I'm sure they are looking at economy and cost of operation. Nothing is decided yet....that we knowof.
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Old 08-16-2009, 11:48 AM
 
418 posts, read 1,111,719 times
Reputation: 104
Quote:
Originally Posted by ShaneSA View Post
I think Toyota is still working on what to do. Thier truck sales are down. I'm sure they are looking at economy and cost of operation. Nothing is decided yet....that we knowof.
Well, thats the point of the article. A source in Japan says that the tacoma is coming to texas.
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Old 08-16-2009, 01:08 PM
 
Location: San Quilmas, Tx
4,081 posts, read 6,085,749 times
Reputation: 9121
Good business sense prevails. Toyota is probably glad that GM bailed.
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