CHICAGO Mazda Motor
Corp.s plant in Mexico will manufacture a Toyota Motor
Corp.-brand vehicle for sale mainly in North America, the two
The subcompact Toyota brand car,
which will be based on the Mazda2 platform, will start
production in mid-2015 at an annual pace of 50,000 units.
Mazdas Mexican plant,
which is currently under construction, is scheduled to start
production within the fiscal year ending March 2014. It was
originally slated to manufacture 140,000 units per year of
Mazda2 and Mazda3 models, the Hiroshima-based company said.
Toyota will invest in the
development and production equipment related to the Toyota car
and will share a portion of costs related to the plants
production capacity increase, the Toyota City, Japan-based
The factory, located in Salamanca, Guanajuato state, will
employ roughly 3,000 people, the two automakers said.