July 25, 2024

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Toyota and Mazda add to Alabama plant spend | Automotive Industry News

Toyota and Mazda are spending more on JV plant technology, model updates and staff training

Toyota and Mazda are shelling out more on JV plant technological know-how, product updates and staff members teaching

Mazda Toyota Production (MTM), the new US manufacturing joint undertaking between Mazda Motor Corporation and Toyota Motor Corporation in Huntsville, Alabama, has declared an supplemental US$830m shell out to incorporate more manufacturing technological know-how on its creation lines and deliver improved teaching to its planned workforce of up to 4,000 employees.

Overall funding is now $2.311bn, up from the $one.6bn originally declared in 2018.

The new plant will produce a Mazda auto and a however to be declared Toyota SUV.

The new facility will have the capacity to produce up to a hundred and fifty,000 units of the future Mazda crossover and up to a hundred and fifty,000 units of the Toyota every single year.

MTM carries on to goal up to 4,000 new jobs and has hired roughly 600 employees to date, with strategies to resume accepting applications for creation positions afterwards in 2020.

The two automakers have formerly cooperated in North The usa with Mazda rebadging variants of its 2 as the Yaris.

Toyota formerly planned to create Corolla sedans at the new plant but switching North American market place tastes led to the change to a new SUV, about a year ago.