Toyota and Mazda enter business and capital alliance; $1.6B plant in US, joint development for electric, connected vehicle tech

Green Car Congress
By mmillikinAug 4, 2017, 10:04 am230 pts
Toyota Motor Corporation (Toyota) and Mazda Motor Corporation (Mazda) signed an agreement to enter a business and capital alliance, with the aim of further strengthening their partnership. The companies agreed to: 1) establish a joint venture that produces vehicles in the United States; 2) jointly develop…

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