Toyota and Mazda to Build Joint Factory in USA

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Japanese automotive manufacturers Toyota ve MazdaWhen the powerful cycle caused by the coronavirus was behind, it accelerated its work. The two companies rolled up their sleeves for a new joint factory investment in the USA. In a statement made by Toyota and Mazda, it was stated that the plant subject to speech will be established in Alabama, USA with an investment of 2.3 billion dollars.

150 THOUSAND MAZDA AND TOYOTA WILL BE PRODUCED

According to the plan announced in 2018 for the first time, the investment cost of the factory was expected to be 830 million dollars. Next year, 150 thousand Mazda Crossovers and 150 thousand Toyota SUVs will be produced at the facility where the first vehicles will land from the bands.

4 THOUSAND PEOPLE JOB OPPORTUNITY

It was recorded that with this investment, both Japanese producers aimed to receive a tax incentive of 97 million dollars. It is also in the middle of the information that 4 thousand individuals will be created in the joint factory of Toyota and Mazda.

Toyota and Mazda exported 1.7 million vehicles to the US last year, accounting for 10 percent of cars sold in the US market.

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