Mazda to Produce Toyota Vehicle at Mexico Plant
Toyota City, Japan, Nov 9, 2012 - (JCN Newswire) - Toyota Motor Corporation
(TMC) and Mazda Motor Corporation (Mazda) announced that Mazda's plant in
Mexico, currently under construction, will produce a Toyota-brand vehicle for
sale mainly in North America. The sub-compact Toyota-brand vehicle, to be based
on the Mazda2, is to start production around the summer of 2015 at a pace of
50,000 units per year and will be sold through Toyota dealerships.
Mazda's plant in Mexico is scheduled to start production within the
fiscal year ending March 2014, with Toyota investing an appropriate portion of
production equipment costs and development costs related to the Toyota vehicle
and also an appropriate portion of costs related to the plant's
Through the agreement, TMC aims to strengthen its North American vehicle
lineup, while Mazda aims to increase production efficiency and contribute to
Mazda Mexico Plant Outline (as of June 17, 2011 Mazda announcement)
Company name Mazda Motor Manufacturing de Mexico S.A. de C.V.
Location Salamanca city, Guanajuato state, Mexico
Products Mazda2, Mazda3
Production 140,000 units annually
Employees Approx. 3,000
Supported by people around the world, Toyota Motor Corporation (TSE: 7203;
NYSE: TM), has endeavored since its establishment in 1937 to serve society by
creating better products. As of the end of March 2012, Toyota conducts its
business worldwide with 50 overseas manufacturing companies in 27 countries and
regions. Toyota's vehicles are sold in more than 160 countries and
regions. For more information, please visit www.toyota-global.com.
Toyota Motor Corporation
Corporate Communications Department
Public Affairs Division
Copyright 2012 JCN Newswire. All rights reserved. www.japancorp.net
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