California looks to lure Japanese auto plants with incentives
A cabinet adviser to Governor Brown flew to Japan to push California as a home for a Japanese auto plant. The plan aims to create 5,000 to 7,000 jobs, phase out the state inventory tax, and signal to Detroit. Quinn noted plans to meet Toyota Datsun Honda and Mazda officials while highlighting pollution controls and potential industrial shifts.
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GM extends engine switch offer amid car refunds
GM extends indefinitely the offer to swap engines in Buicks Oldsmobiles and Pontiacs with Chevrolet engines. The refund option ends except in New York where a judge extended both offers until June 1. About 48,236 owners have accepted one option, with costs estimated around $12 million.
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