News - April 20, 2018

Mazda and Toyota tag team on U.S market strategy

On March 9, 2018, Mazda and Toyota Motors announced the establishment of a joint venture, Mazda Toyota Manufacturing USA (MTMUS), in Alabama.

MTMUS will manufacture Toyota’s Corolla models as well as all new Mazda models, for the North American region, each producing 150,000 vehicles a year.

Aiming to start operation in 2021, the two companies will invest about $1.6 billion to establish the new company. Masashi Aihara, the executive officer of Mazda, was appointed president of the new company, and Hironori Kagohashi, the managing director of Toyota Motors, was appointed vice president.

updated March 27, 2019   ▶North America Toyota makes a large investment of $ 750 million  

This article was translated by “T-4OO”.

Share On :

Recommended

News
- December 14, 2017

Establish production base of optical equipment

On December 14th 2017, Yoshiaki Numata, the president of Mitutoyo, announced that they established a manufacturing subsidiary "Mitutoyo Optics Manufacturing America Corporation (MOMAC)" in Washington, USA.  This is first time to have establ...

News
- September 15, 2017

Established subsidiary in the Philippines

DMG MORI established a subsidiary in Manila, Philippines, and began operations on September 1, 2017. In the Philippines, demand for machine tool is growing in a wide range of industries, including automobiles, die mold, and general-purpo...

News
- March 1, 2018

Established a branch in Connecticut

U.S. subsidiary of Yuasa Trading established a New England branch in Connecticut, the eastern coast of the United States, and began operations on February 1st, 2018. It is the fourth sales base in the U.S. and is responsible for importin...

Most Popular

1

News
- April 20, 2018

Mazda and Toyota tag team on U.S market strategy

On March 9, 2018, Mazda and Toyota Motors announced the establishment of a joint venture, Mazda Toyota Manufacturing USA (MTMUS), in Alabama. MTMUS will manufacture Toyota’s Corolla models as well as all new Mazda models, for the North A...

2

News
- December 3, 2018

Japanese motor giant invests in innovation on its home turf

On August 30, 2018, Daihatsu announced that it would construct a new plant at the Kyoto Plant in Oyamazaki Town, Kyoto Prefecture. Approximately 35billion yen is invested. The total floor area is approximately 42,000 square meters. The n...

3

News
- January 25, 2019

Honda increased production of motorcycle scooters in India

On October 4, 2018 Honda announced that it would establish a new production line at the plant of affiliated corporation in India, where motorcycles have been manufactured and sold. The new production line will be set up at the fourth plant ...

4

News
- March 27, 2019

North America Toyota makes a large investment of $ 750 million

Toyota Motor North America (TMNA), Toyota Motor's affiliated corporation in North America, announced on March 15, 2019 that it would invest $750 million in five US vehicle and power train plants. TMNA intends to expand local production o...

5

News
- November 19, 2018

Japanese watch pioneer halves production costs through automation

Automated production lines for watches started operation at a plant in Yamagata CASIO, a production subsidiary of Casio.  Investments are not disclosed. Casio's long-selling digital watch "A159WA" will be manufactured on the line.  The a...

6

News
- November 21, 2018

Japanese chip manufacturer and American partners expand territory

On July 24, 2018, Toshiba Memory Corporation opened a construction ceremony for a new manufacturing building in Kitakami City, Iwate Prefecture.  Total investment is expected to reach 1 trillion yen.  It boasts the largest scale in the comp...