When Toyota shuttered its NUMMI plant for good at the end of March, over 4,700 workers lost their jobs. The Japanese automaker softened the blow of those lost jobs by forking over $281 million in aid, or about $60,000 for every worker at the plant. Daily Markets now reports that the federal government is stepping in to add a a bit more scratch to help the NUMMI workforce find new work. The $19 million emergency fund cash infusion will be used for training and other support.
New United Motor Manufacturing
There was a rumor at the 2007 LA Auto Show that there will be hybrid version of the 2009 Pontiac Vibe and Toyota Matrix. The Pontiac Vibe is a product of NUMMI, New United Motor Manufacturing, Inc., a joint venture between GM and Toyota. So, if the rumor is true, GM and Toyota are working on a hybrid together right now.