Toyota and Mazda have established a new joint-venture company – Mazda Toyota Manufacturing, USA (MTMUS) – that will produce vehicles in Huntsville, Alabama starting in 2021. The move is part of a business and capital alliance between both carmakers, which was signed in August last year.
The upcoming plant will have the capacity to produce 300,000 units with half of those being allocated for Mazda’s crossover model, which will be newly introduced to the North American market. No details on just what that model might be, although Mazda’s crossover/SUV line-up in the US currently includes the CX-3, CX-5 and CX-9, with a diesel-powered CX-5 coming in the future. The remaining capacity (150,000 units) will be dedicated to the Toyota Corolla.
With an investment of US$1.6 billion (about RM6.2 billion) – equally shared between both carmakers – full-scale construction of the plant is expected to start in 2019. When completed, the facility is expected to create up to 4,000 jobs.
“We hope to make MTMUS a plant that will hold a special place in the heart of the local community for many, many years. By combining the best of our technologies and corporate cultures, Mazda and Toyota will not only produce high-quality cars but also create a plant employees will be proud to work at and contribute to the further development of the local economy and the automotive industry,” said Masashi Aihara, Mazda’s executive officer and president of MTMUS.
“The new plant, which will be Toyota’s 11th manufacturing facility in the US, not only represents our continuous commitment in this country, but also is a key factor in improving our competitiveness of manufacturing in the US,” said Hironori Kagohashi, executive general manager of Toyota and executive vice president of MTMUS.
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Even Elon wans to work with Toyota…wat to do we are the greatest u know..
Geely Volvo Daimler P1 > all
Waiting for dumbo saying Malaysia has losing investment competition with Alabama..
Toyota and Mazda must also join forces in MY.
Mazda looks up at Toyota, even setting Camry as a benchmark for them.
Trump must be very happy!
Become Tomato
Toyazda or Mazota