Dec
29
Nummi, a joint venture between GM and Toyota Motor Corp., currently assembles the Prizms, Toyota Corolla cars and compact-size Toyota Tacoma pickup trucks at its plant in Fremont, Calif. Toyota’s products take most of the galvanized and cold-rolled steel used in Nummi’s products, steel industry sources said.
Although the Prizm and Corolla models are alike in most respects-including their size and component suppliers- GM has never been able to sell as many of the Prizms as Toyota has its Corollas. Many suppliers believe the Japanese-based automaker will simply boost its production of Corollas or add another vehicle to the Nummi product line when GM discontinues the Prizm.
