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Archive Home > 2009 > July > 24 > Toyota says it may end joint venture with GM

Toyota says it may end joint venture with GM

By Greg Gardner / The Bulletin
July 24, 2009

DETROIT — Toyota is close to dissolving its New United Motors Manufacturing Inc. joint venture with General Motors Co., unless Al Koch, the executive trying to sell GM’s leftover assets, can persuade Toyota to buy out its American partner.

“There is a likelihood we....

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