It is too early to know the full impact of Toyota’s recent announcement to suspend production at five North American plants. Toyota, the world’s largest automaker, needs time to assess and coordinate activities related to the recall of eight vehicle models due to accelerator pedals that stick.
In an effort to streamline production capacity, Toyota Motor Corp. released a statement on August 28, 2009 stating that it will stop making the Tacoma pickup at the New United Motor Manufacturing, Inc. (NUMMI) plant in Fremont, California in March 2010, despite the hefty incentives offered to keep the facility open. Fremont’s loss is San Antonio’s gain as production will be relocated [...]
In the wake of restructuring, General Motors pulled out of the New United Motor Manufacturing, Inc. (NUMMI) joint venture with Toyota. Read more in The New York Times article dated June 29, 2009, As a result, the future of the Fremont, California NUMMI manufacturing plant is now uncertain. News 4 WOAI reported that Toyota is considering expansion of operations [...]