Toyota: to start talks on pulling out of JV with GM
Toyota Motor Corp <7203.T> will start talks to pull out of a California-based joint venture with General Motors Corp, an executive at Toyota said on Thursday.
Toyota said earlier this month it may liquidate its stake in the Fremont, California auto plant -- commonly known by its acronym NUMMI for the New United Motor Manufacturing Inc -- after GM cut operating ties to the plant in late June.
(Reporting by Nobuhiro Kubo)
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