Mazda and Toyota Take Their Relationship to the Next Level, Start Planning an Assembly Plant

Toyota Motor Corp. is set to strike a deal to take a 5-percent stake in fellow Japanese automaker Mazda Motor Corp. The alliance includes the construction of a joint-venture $1.6 billion U.S. automotive plant and sharing EV technology — showing that Mazda hasn't totally sworn off the idea of an electric car. The two companies have been […] The post Mazda and Toyota Take Their Relationship to the Next Level, Start Planning an Assembly Plant appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA