Auto Manufacturing Jobs returning to the Valley?

By frazgo
May 20th, 2009 @ 6:45 AM Breaking News, Driving, The Valley, environment

Could happen if the rumor phoned into Josh from Joshcar.com holds true.  In short Daimler Benz is buying 10% of Bay Area based Tesla Motors.  This will provide them with the operating capital needed to start up production of their all electric Tesla S sports sedan.  The rumored location of this production will be the old GM Van Nuys plant shuttered some 20 years ago when Camaro production was shifted elsewhere.

I have found confirmation regarding the purchase of Tesla stock over at Edmonds.com.

Good news for the Valley and LA in general if this holds true.frazgoeslargeblacktiny

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3 Comments so far

  1. The Real Zajac (therealzajac) on May 20th, 2009 @ 11:57 pm

    This is fantastic! Why is this not getting more press?


  2. Dave Share (daveshare) on May 22nd, 2009 @ 10:06 am

    Wait….there’s a GM plant in the Valley?!?! How did I spend 21 years there and never see it? Where is it?


  3. frazgo on May 22nd, 2009 @ 10:43 am

    Its in Van Nuys, on Van Nuys BLVD south of Roscoe a bit. Parts have been redeveloped into shops in a strip mall type thingy called "The Plant".



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