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Bankrupt auto giant General Motors Corp. said in the United States on Monday that it will pull out of the New United Motor Manufacturing Inc. joint venture with Toyota Motor Corp. and stop producing the Pontiac Vibe at the plant in August.

“As part of its long-term viability plan, General Motors has decided that its ownership stake in the New United Motor Manufacturing Inc. joint venture with Toyota will not be a part of the ‘New GM,’ ” Troy Clarke, president of General Motors North America, said in a statement.

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