AP - An official who's been negotiating with Tesla Motors Inc. to open an auto factory in Downey, Calif., says the carmaker has chosen instead to partner with Toyota to build electric cars at the former NUMMI plant in Fremont.
The Bay Area community of Fremont, Calif., is home to the state's last auto plant, jointly run by GM and Toyota. Known as NUMI, the plant has turned out thousands of vehicles and supported about 5,000 factory jobs over the past two decades. Now, Toyota reportedly is on the verge of pulling out, which means NUMI may soon be history.
GM Loses Global Car Sales Lead to Toyota Again
Auto sales have recovered in the US, but GM once again has dropped out of the top spot globally. CNN Money reports GM loses global sales title to Toyota, again.
General Motors fell to No. 2 in the global auto sales race, even as 2012 was its best year for sales since 2007.
On February 27, General Motors Company (NYSE:GM) announced that it would be concluding the production of Chevrolet Sonic in Thailand amid sluggish sales. This news comes a day after the company closed down its Indonesian plant.
General Motors says it and Toyota can't agree on what vehicles to build at the NUMMI plant in Fremont. The move jeopardizes the future of the last vehicle assembly plant in California.
In a move that could spell the end of auto manufacturing in California, General Motors Corp.