WASHINGTON (AP) -- Toyota's top U.S. executive says the company will make a decision "as quickly as possible" on the fate of its California joint venture plant with General Motors.
Toyota's Yoshi Inaba said Monday the company is carefully evaluating its options for the Fremont, Calif., plant, called New United Motor Manufacturing Inc.
General Motors is ending its joint venture with Toyota as part of its downsizing under bankruptcy. The plant currently makes the Pontiac Vibe station wagon for GM and the Corolla compact car and Tacoma pickup truck for Toyota.
Inaba also says Toyota has not made any decisions on its Mississippi plant. The plant was scheduled to start production in 2010, but that plan is on hold because of market conditions in the United States.
