Toyota Will Shut California Plant in First Closure
“Toyota wouldn’t be able to sustain the plant by itself,” said Yuuki Sakurai, chief executive officer of Fukoku Capital Management Inc. in Tokyo, which manages about 800 billion yen ($8.5 billion) in assets. “Nummi is unionized and expensive to operate. It’s a good decision.”
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Wow! Now on a other note, Toyota would like to thank the American people for their hard earned Tax dollars that supported the Cash for Clunkers. They were able to sell off their bloated inventory.
Toyota benefited the most from the Gov sponsored program.