New Threat To The Valley: Toyota Might Close NUMMI

The carnage in the auto industry may be about to hit Silicon Valley.

Toyota (TM) is considering close NUMMI, a Fremont, California vehicle-assembly plant that it has been operating jointly with General Motors. The revamped GM has decided to pull out of the venture, New United Motor Manufacturing Inc. (ergo, NUMMI) and now Toyota may close the doors on the operation, which employs 4,600 people.

“We need to determine whether it can be economically feasible to contract with NUMMI without GM,” Toyota said in a statement, according to the Wall Street Journal.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »