US/JAPAN: Widely expected axe finally falls on Toyota NUMMI plant

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In some 70 years of car making, Toyota has never shut a major manufacturing plant - until now. But the automaker last night confirmed what had been expected for a couple of months - it would pull the plug on New United Motor Manufacturing, Inc (NUMMI), its joint venture with General Motors in Fremont, California, site of its first foray into vehicle manufacturing in the US. Full story...