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Toyota
Essay specific features
Written by:
Ronald R
Date added:
May 31, 2016
Level:
University
Grade:
A
No of pages / words:
2 / 377
Was viewed:
4651 times
Rating of current essay:
Essay content:
NUMMI is a fifty-fifty
joint venture with the board of directors split equally between the two companies. Initially,
the venture was to manufacture the Toyota-designed subcompact, and the name chosen for
the car was Nova. The total number of vehicles assembled at NUMMI in 2002 was 369,856:
Toyota Tacoma (164,550), Toyota Corolla (137,642), Pontiac Vibe (59,556), Toyota Voltz
(8,108)...
displayed 300 characters
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What are the benefits each partner can expect to derive from the NUMMI joint
venture? Do you foresee any problems?
One benefit of this GM-Toyota is that it substantially reduces the amount of resources in
terms of money and personnel which each partner must contribute. The $300 million joint
venture saves GM a great deal of time and money in finding a new car to replace its aging
Chevette...
displayed 300 characters
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