Mazda to make Toyota compacts at new Mexico plant

Japan's Toyota Motor Corp and Mazda Motor Corp said on Friday that Mazda will produce Toyota vehicles for the North American market at its new plant in Mexico.

The Mazda plant, currently under construction in Guanajuato, Mexico, will begin producing about 50,000 sub-compact Toyota vehicles starting around the summer of 2015, Toyota and Mazda said in a joint statement.

Toyota, which counts the United States as its largest market, will invest in equipment and development costs related to producing its vehicles at the factory.



Source: Reuters