Electric Car Maker Planning to Buy NUMMI

Last year, General Motors announced its decision to walk away from the NUMMI deal and leave Toyota to decide the fate of the joint venture. Just as expected, the Japanese manufacturer decided to shut down the facility, a process that will be completed in 2010. However, it seems like NUMMI will actually live on, as some other investors are currently negotiating a takeover that would actually lead to production of various models.

Such an investor is Aurica Motors LLC, an electric startup that h… (read more)