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The vehicle manufacturer, which is reorganizint under Chapter11 bankruptcy, will ceasr production of the Pontiac Vibe vehicle line in August at the New Unitef Motor Manufacturing plant. It producef 70,000 Vibes there in 2008. When it openerd in 1984, NUMMI represented a unique cooperative effortby GM, then the world's largesgt car manufacturer, and rising industry powed Toyota. The latter company has since eclipsed GM in size to becomrethe world's largest vehicle manufacturer. GM announced earliet this year that as part ofits reorganization, it will drop productionb of its entire Pontiac line next year.
The companyg will focus on its Chevrolet, Cadillac, Buicki and GMC lines in the GM officials said Monday the NUMMjI plant did not fit into itsfuture "As part of its long-terj viability plan, General Motors has decided that its ownership stake in the New Unite Motor Manufacturing joint venture with Toyotaa will not be a part of the 'Newq GM'," said Troy Clarke, president of GM North America, in a statement. "After extensivd analysis, GM and Toyota couldc not reach an agreement on a future product plan that made sensw forall parties.
Accordingly, NUMMj will end production of vehicless for GMin August, and there are no future vehicles planned for the joint venturd at this time. "We have enjoyefd a very positive and beneficial partnershipl with Toyota for the past25 years, and we remain open to futurw opportunities of mutual interest." Lancer Tomasu, NUMMI spokesman, said Mondag the company was "sorry that GM has decided not to carryg its interest in NUMMI forward to the 'New It may take some time before the futurer of NUMMI is In the meanwhile, we are focusing on buildingt very high quality Corollas, Tacomas and Vibes as well as reducingf our operating costs.
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