"CNET" declare : Mazda, Toyota team up on EVs, connected cars, new plant in US

Toyota will take a 5 percent share of Mazda, while Mazda will take a 0.25 percent share of Toyota. At this plant, Mazda will build new crossover models that it will introduce to the US market. Mazda and Toyota will also work together on electric vehicle development. After two years of negotiation, Toyota and Mazda officially announced Friday a partnership that will help both Japanese companies work toward the future of the automobile. Currently, Mazda already lends its Mazda2 sedan to Toyota, which is marketed as the Toyota Yaris iA (née Scion iA) in the US.


referring to Digital access or digital and print delivery. Choose the plan that's right for you.


referring to

Toyota to shift Corolla production to new $1.6B U.S. plant from Mexico

As part of the deal announced Friday, Toyota is acquiring 5% of Mazda, while Mazda is acquiring 0.25% of Toyota. Toyota spokesman Scott Vazin said the company would continue to make the Corolla at its Mississippi manufacturing plant, as well, with no changes planned there. But it will locate additional production of the Tacoma mid-size pickup truck at the Mexico factory instead of the Corolla, which had been set to move there from an operation in Ontario, Canada. The deal marks a symbolically significant shift for Toyota after the company faced withering criticism from President Trump for its plans to locate Corolla production at a new $1 billion factory under construction in the state of Guanajuato in Central Mexico. The Corolla will be located at the new factory in the U.S., which will be established as a joint venture between Toyota and Mazda and will open by 2021.




read more visit us Toyota

collected by :John Max

Edit This Article