Reuters picked up a report in Japan's Nikkei business regular over the weekend that indicated all 4,700 workers at Toyota's NUMMI plant in Fremont, California, will lose their jobs next spring. This news was expected, of course, following Toyota's declaration in August that it would close the plant as part of a larger plan to cut global production by 1 million units. GM withdrew from the joint venture at NUMMI in June.

This is the first time Toyota has closed a plant in the U.S. The NUMMI plant builds the Corolla and the Tacoma.

Reuters