TOKYO — Toyota is shutting the California factory it ran with General Motors for 25 years — the first time the Japanese automaker is closing a major auto assembly plant ever.
The decision from Toyota Motor Corp., announced Friday, drew fire from U.S. unions, even as company officials and analysts defended it as unavoidable for money-losing Toyota, following General Motors Corp.'s decision in May to withdraw from the 50-50 joint venture.
Under the decision, Toyota will stop production at its Fremont, California-based New United Motor Manufacturing Inc., or NUMMI, in March 2010, and will move production to its other plants in the U.S., Canada and Japan. Read full article : http://www.chron.com/disp/story.mpl/ap/business/6590565.html
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