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Location was also probably a factor in Toyota's decision. It's very expensive to operate a plant in California, notes a senior executive with another Japanese automaker. Toyota can pretty easily shift production of the compact Corollas and Tacoma pickup trucks to other plants in Canada and Texas. (See...
See pictures of American muscle cars in movies.
See pictures of the best-selling cars in China.
Negotiations between GM and Magna - based in Aurora, Ont., it's one of the world's biggest auto-parts suppliers, with annual revenue of $23.7 billion - have hit one roadblock after another. A key sticking point is disagreement over Magna's right to use GM's technology and engineering, particularly...
But as the two parties work through these prickly issues on the main stage, with German Chancellor Angela Merkel promising as much as $7 billion in badly needed state aid to Opel if Magna emerges victorious, another drama is developing behind the scenes. Some of Magna's biggest customers on...