In a surprising move that created a great deal of excitement in the business sector, Toyota and Mazda have announced that they’ve joined forces to build a new $1.6 billion auto manufacturing plant in the United States. Now begins the war between the states vying for the prime location of the new plant. CardinaleWay Mazda in Corona, your favorite Corona dealership, extends a hearty congratulations to Mazda and Toyota on their newly formed alliance.
New Toyota-Mazda Plant Will Mean More Jobs
Although we don’t yet know the exact location of the new auto manufacturing plant, it’s been revealed that it’s expected to create up to 4,000 new jobs. This will definitely impact the U.S. economy in a positive way. Mazda has never manufactured its cars in the U.S. before. The new plant will produce up to 300,000 vehicles per year. We’re told that it will primarily manufacture the Toyota Corolla sedan and a Mazda SUV crossover model for the North American market, yet to be determined. The new plant should be completed by 2021, and Toyota and Mazda will split the cost of building the facility.
Toyota And Mazda To Share More Than Just A Manufacturing Plant
The two Japanese automakers, Toyota and Mazda, are coming together for more than just the joint operation of a new plant in the United States. It appears that they will also collaborate on technology, such as for electric vehicles (EVs). In addition, Toyota has purchased 5.05% of Mazda and in turn, Mazda purchased .25% of Toyota. We certainly wish them well, and it’s encouraging to see competitive businesses work together.
We’re Proud To Be Associated With The Mazda Brand
Mazda is known for their talented engineering “think tank.” Their vehicles are among the most innovative and reliable on the market. They’re also affordably priced and fuel efficient. Did you know that Mazda’s entire 2017 lineup has been awarded the IIHS Top Safety Pick+ rating? This is an incredible accomplishment that no other auto manufacturer can match! CardinaleWay Mazda Corona is proud to be associated with the Mazda brand. Visit us and see our latest Mazda sports car models. We’ve got something for everyone!
CardinaleWay Mazda Corona
2595 Wardlow Road
Corona, CA 92882