মোটর CAR FACTORY : TOYOTA AND MAZDA'S NEW U.S. JOINT VENTURE PLANT (2021) l Press Conference (ENG)

TOYOTA AND MAZDA'S NEW U.S. JOINT VENTURE PLANT l Press Conference (ENG). Alabama Governor Kay Ivey and Huntsville Mayor Tommy Battle joined Mazda (MZDAF) and Toyota (NYSE: TM) leaders today to announce the automakers have selected Huntsville, Alabama as the site of their new joint-venture manufacturing plant. The new plant will have the capacity to build 300,000 vehicles annually, with production split evenly between two lines for each company to produce Mazda's crossover model that will be newly introduced to the North American market and the Toyota Corolla.

The joint venture represents a $1.6 billion investment that Mazda and Toyota plan to make with equal funding contributions. The site for the new plant is in Huntsville, located approximately 14 miles from Toyota's Alabama plant (Toyota Motor Manufacturing, Alabama, Inc.). The facility is expected to create up to 4,000 jobs. Production is expected to begin by 2021.

মোটর CAR FACTORY : TOYOTA AND MAZDA'S NEW U.S. JOINT VENTURE PLANT (2021) l Press Conference (ENG)
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