Go Back   Two Wheel Fix > General > Cage Hell

Reply
 
Thread Tools Display Modes
Old 07-02-2009, 01:06 PM   #1
RACER X
AMA Supersport
 
RACER X's Avatar
 
Join Date: Nov 2008
Location: Richmond, Tx
Moto: '10 Tuono Factory
Posts: 4,569
Default GM ends 25-year NUMMI partnership with Toyota

General Motors has confirmed that it will dump its ownership stake in the New United Motor Manufacturing Inc. (NUMMI) joint venture that it established with Toyota more than 25 years ago. Located in Fremont, California, the NUMMI plant was last responsible for versions of the Toyota Corolla and Tacoma, as well as the Pontiac Vibe.

But with GM’s decision to discontinue the Pontiac brand, the automaker decided to stop selling the Vibe. There was hope that GM would use the facility to produce another model but it appears that all chances have since been eroded.

Troy Clarke, GM’s North American chief said in a statement that GM and Toyota could not reach an agreement on a future product “that made sense to all parties.” As a result, NUMMI would be considered part of the “Old GM” and sold off as the company works its way through bankruptcy.

Clarke also said there were no future GM vehicles planned for the joint venture at this time. “We have enjoyed a very positive and beneficial partnership with Toyota for the past 25 years, and we remain open to future opportunities of mutual interest,” he said.

The NUMMI facility currently employs more than 4,500 UAW workers and 890 salaried personnel. The plant produces about 250,000 cars and 170,000 trucks a year.

All Content Copyright 2006-2008 Motor Authority

http://www.motorauthority.com/gm-end...th-toyota.html
__________________
ΜΟΛΩΝ ΛΑΒΕ
2014 GROM! 181cc of FURY
2010 Aprilia Tuono Factory - SOLD
2009 SFV Gladius - SOLD
2008 Hayabusa - SOLD.
RACER X is offline   Reply With Quote
Old 07-02-2009, 02:16 PM   #2
Homeslice
Elitist
 
Homeslice's Avatar
 
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
Default

Makes sense to me........If I was in the market for those cars, I would never buy a Vibe versus a Matrix, or a Prism versus a Corolla. The GM equivalents would have lower resale value, and poor dealer support.
Homeslice is offline   Reply With Quote
Old 07-02-2009, 07:47 PM   #3
101lifts2
WSB Champion
 
101lifts2's Avatar
 
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
Default

I'm sure Japan came up with New United Motor Manufacturing. lol teh ghey.
__________________
Train Hard

Ron Paul - 2012

Mark of Excellence
GM
101lifts2 is offline   Reply With Quote
Old 07-04-2009, 10:54 AM   #4
Chris S
Kneedragger
 
Join Date: Nov 2008
Location: Austin, TX
Moto: '07 KTM Super Duke (for sale), '07 KTM 300 XC-W
Posts: 171
Default

Quote:
Originally Posted by 101lifts2 View Post
I'm sure Japan came up with New United Motor Manufacturing. lol teh ghey.
What difference does it make? They never sold under that name as a brand.
Chris S is offline   Reply With Quote
Old 07-06-2009, 01:28 AM   #5
101lifts2
WSB Champion
 
101lifts2's Avatar
 
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
Default

Quote:
Originally Posted by Chris S View Post
What difference does it make? They never sold under that name as a brand.
Does it have to matter? The name of the plant is gay.
__________________
Train Hard

Ron Paul - 2012

Mark of Excellence
GM
101lifts2 is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:36 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.