Cars
Following the announcement on the termination of the Pontiac Vibe that was the last remaining project of the New United Motor Manufacturing Incorporated (NUMMI) joint venture with Toyota, the so-called 'New GM' said today that it plans to emerge from Chapter 11 bankruptcy protection without its 25-year old California tie-up with the Japanese automaker.
- China May Reject Toyota-fuji Heavy Industries Joint Venture With Chery, Say It Is “one Too Manyâ€
China looks set to reject the proposal for a joint venture between Fuji Heavy Industries, in which Toyota holds a 16.5% stake, and the country’s seventh largest carmaker, Chery Automobile Co. According to state sources cited by Bloomberg news,...
- Report: Mazda To Cut Ties With Ford And Stop U.s. Production By 2013
Earlier in May, we told you about a report concerning Mazda’s plans to discontinue production of its Mazda6 mid-size model at its joint-venture plant with Ford in Michigan. Today, new reports from both Japan and the U.S. are claiming that Mazda...
- Pontiac's 2010my Roster Limited To The Vibe, G6 Available Only For Fleet Buyers
As you all know, the Pontiac era is scheduled to end by late 2010 so it comes to no surprise that the only model offered for retail sale in General Motors' 2010 Product Guide for the United States is the Vibe - most probably because of the fact that...
- Breaking: Gm Issues Official Statement On Pontiac Death Rumors
General Motors decided to take action and issue an official statement in regards of news reports from Edmund's Insideline and Autonews saying that the automaker had decided to axe the Pontiac brand instead of keeping it as a 'specialty-marque'...
- Toyota Reportedly In Talks With Gm For Production Of Prius In California
Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun†reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report...
Cars
New GM Backs out of NUMMI Partnership with Toyota
Following the announcement on the termination of the Pontiac Vibe that was the last remaining project of the New United Motor Manufacturing Incorporated (NUMMI) joint venture with Toyota, the so-called 'New GM' said today that it plans to emerge from Chapter 11 bankruptcy protection without its 25-year old California tie-up with the Japanese automaker. "Given that, GM believes it is in the best interest of the 'New GM' and its stakeholders that we place our ownership interest in NUMMI in 'Old GM'," the company said in a prepared statement.
General Motors added that the two sides could not reach an agreement on a future product plan that "made sense for all parties" and that there are no future GM vehicles planned for the joint venture at this time.
- China May Reject Toyota-fuji Heavy Industries Joint Venture With Chery, Say It Is “one Too Manyâ€
China looks set to reject the proposal for a joint venture between Fuji Heavy Industries, in which Toyota holds a 16.5% stake, and the country’s seventh largest carmaker, Chery Automobile Co. According to state sources cited by Bloomberg news,...
- Report: Mazda To Cut Ties With Ford And Stop U.s. Production By 2013
Earlier in May, we told you about a report concerning Mazda’s plans to discontinue production of its Mazda6 mid-size model at its joint-venture plant with Ford in Michigan. Today, new reports from both Japan and the U.S. are claiming that Mazda...
- Pontiac's 2010my Roster Limited To The Vibe, G6 Available Only For Fleet Buyers
As you all know, the Pontiac era is scheduled to end by late 2010 so it comes to no surprise that the only model offered for retail sale in General Motors' 2010 Product Guide for the United States is the Vibe - most probably because of the fact that...
- Breaking: Gm Issues Official Statement On Pontiac Death Rumors
General Motors decided to take action and issue an official statement in regards of news reports from Edmund's Insideline and Autonews saying that the automaker had decided to axe the Pontiac brand instead of keeping it as a 'specialty-marque'...
- Toyota Reportedly In Talks With Gm For Production Of Prius In California
Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun†reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report...