Toyota — Buys Mazda

“Leaning on Toyota for the electrical and software architecture will save a huge sum of money... equivalent to the amount needed to fund development of two separate vehicles.” Automotive News · 2 years ago

: The companies operate a $1.6 billion joint venture plant, Mazda Toyota Manufacturing (MTM), in Alabama. This facility produces the Toyota Corolla Cross and the Mazda CX-50 . toyota buys mazda

The partnership is often viewed through two lenses: a strategic necessity for a small manufacturer and a risk to brand identity. “Leaning on Toyota for the electrical and software