8 result(s) displayed (1 - 8 of 8):

Toyota officially moves to shutter Nummi (from Corporate Dealmaker)

The axe finally fell on a Northern California automobile plant on Thursday when Toyota Motor Corp. (NYSE:TM), as expected, decided to cease production at New United Motor Manufacturing Inc. in March 2010.The fate of Fremont, Calif.-based Nummi has been in doubt since June, when General Motors Co. said it was...

Posted on August 27, 2009 2:21 PM

Report: Toyota to shut Nummi down in 2010 (from Corporate Dealmaker)

It appears Nummi might soon be no more. The New United Motor Manufacturing Inc., until earlier this year a Fremont, Calif.-based joint venture between General Motors Corp. and Toyota Motor Corp. that produced vehicles for both firms, has been the subject of considerable uncertainty since GM decided to leave its...

Posted on August 17, 2009 4:41 PM

Toyota will exit Nummi, report says (from Corporate Dealmaker)

On Monday Toyota Motor Corp.'s (NYSE:TM) North America president Yoshimi Inaba said the company hadn't yet decided what to do with Fremont, Calif.-based New United Motor Manufacturing Inc. But he also said he wanted to decide quickly, and according to a report from Kyodo News, picked up by AP and...

Posted on July 23, 2009 3:34 PM

Toyota exec: No decision yet on Nummi plant (from Corporate Dealmaker)

A top Toyota Motor Corp. (NYSE:TM) official said Monday that the company has not yet decided whether to shutter a plant in Fremont, Calif., now that joint venture partner General Motors Co. has walked away.North America president Yoshimi Inaba (pictured), speaking to reporters in Washington, said he wants to decide...

Posted on July 20, 2009 3:58 PM

Nummi's days numbered? (from Corporate Dealmaker)

Toyota Motor Corp. is reportedly leaning toward shuttering the New United Motor Manufacturing Inc. plant in California instead of retrofitting it to continue production now that joint-venture partner General Motors Co. has walked away.Toyota and GM had worked together at the so-called Nummi plant since the early 1980s. It was...

Posted on July 15, 2009 10:29 AM

Toyota could shutter Nummi plant (from Corporate Dealmaker)

Just weeks after General Motors Corp. exited the Northern California New United Motor Manufacturing Inc. joint venture, partner Toyota Motor Corp. over the weekend said it might have to do the same.Toyota, which invested in the Freemont-based plant 25 years ago and currently manufactures Corolla sedans and Tacoma pickups there,...

Posted on July 13, 2009 11:06 AM

Toyota's Nummi dilemma (from Corporate Dealmaker)

General Motors Corp.'s decision to drop out of a California joint venture has created a difficult decision for partner Toyota Motor Corp.Bankrupt GM said Monday that its 50% stake in the New United Motor Manufacturing Inc., or Nummi, facility in Freemont would not be part of the revitalized company that...

Posted on June 30, 2009 5:04 PM

Pontiac demise means uncertainty for GM-Toyota JV (from Corporate Dealmaker)

What do you do when you lose the Vibe?That's the question facing New United Motor Manufacturing Inc., the 50-50 joint venture between Toyota Motor Corp. and General Motors Corp. (NYSE:GM). The two companies started manufacturing vehicles together at the former GM plant in Fremont, Calif., in 1984. GM has been...

Posted on April 28, 2009 10:53 AM