New United Motor Manufacturing, Inc. · Fremont, CA United States
Company Description
View New United Motor Manufacturing, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window What do you get when a Japanese production process meets a California lifestyle? The answer is New United Motor Manufacturing, Inc. (NUMMI). The company, once a 50-50 joint venture between General Motors and Toyota , makes Tacoma pickup trucks and Corolla sedans for Toyota. Unable to agree with Toyota on future product plans to replace the Pontiac Vibe, which had also been made at the plant, GM announced plans to pull out of the venture in June 2009. GM discontinued the Pontiac brand and ended Vibe production at NUMMI the following month. Toyota will close the plant in March 2010, and liquidate NUMMI. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key New United Motor Manufacturing, Inc. Financials
| Company Type | Joint Venture Headquarters |
| Fiscal Year-End | December |
| Employees | 5,000 |
New United Motor Manufacturing, Inc. Executives
6 executives listed for New United Motor Manufacturing, Inc.'s Fremont, CA location.
| Title | Name & Bio | Contact |
| President and CEO | Kunihiko Ogura | Network |
| General Manager, CTO, Purchasing, and Corporate Planning | Linda McColgan | Network |
| VP Manufacturing Operations | Ernesto Gonzalez-Beltran | Network |
Competition
Competitive Landscape for New United Motor Manufacturing, Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top New United Motor Manufacturing, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!