Japanese automakers Toyota Motor Corp and Mazda Motor Corp announced on Friday they will build a $1.6 billion U.S. assembly plant as part of a new joint venture, while Toyota will take a 5 percent stake in its smaller rival.

The plant, which is planned to start operating in 2021, will be capable of producing 300,000 vehicles a year, with production divided between the two automakers, and employ about 4,000 people, according to a company filing.

They also said that they would consider joint development of electric vehicles, as tightening global emissions regulations prompt more automakers to develop battery powered cars.


Source:
http://www.autoreportng.com/2017/08/toyota-to-take-5-stake-in-mazda-jointly.html


Lalasticlala
Seun
Marpol
Ishilove
Mynd44

A special warning to other car makers?


We shall see..

Mazda RX and MX series the slayer of drifters and dragsters.

Py CAR gorams Theorem
Good Thinking Good product combined with sportiness = Solid Reliable sports car

nurey:
Mazda RX and MX series the slayer of drifters and dragsters.

Py CAR gorams Theorem
Good Thinking Good product combined with sportiness = Solid Reliable sports car

Yea, u gat to give it to Mazda, look and driving experience is super good

princetom1:


Yea, u gat to give it to Mazda, look and driving experience is super good

You can say that again. Only those who have driven and owned a Mazda can understand.

The difference between competent and incompetent administrators is crystal clear. You don't give what you don't have: A case study of Gov Bagudu of Kebbi state and Gov Ayodele Fayose of Ekiti state.

*KEBBI'S RICE PYRAMID VS OREMEKUNU STOMACH INFRATSRUCTURE*

Fayose became the Governor of Ekiti state in 2014 while Bagudu became Governor of Kebbi state in 2015, while Bagudu took N4bn to BOI, got counter funding and got 78,000 people cultivating rice (employment), my own governor Fayose took N4.7 to build the first flyover in Ekiti state, while the farmers in Kebbi have sold their rice to Lagos state (LAKE RICE) and have moved on to increasing their farm size, my Governor is still battling with how to complete the humongous project that won't provide a single sustainable job.

While the Kebbi state Governor saw the potentials in processing by partnering with WACOT to provide a N10 billion rice mill that have a production capacity of 100,000 tonnes annually; silos for storing 18,000 tonnes of paddy and a warehouse for storing additional 12,000 tonnes of paddy. When operational, it is expected to generate direct and indirect employment for 3,500 people and its procurement will reach out to 50,000 farmers my own Governor Fayose has approved the construction of another governor's office, another high court, reconstruction of the road to his village (even though its next to mine) for several billions of naira.

Kebbi state is not owing any salary and the state government didn't blame it on PMB whereas Ekiti is owing pensioners as much as 11months while civil servants have 6months unpaid salaries, the difference between these Governors is called good governance with the people at the centre of it.

If you think Fayose is your best Governor because he gives people 1kg of rice plus N500, you need to have your head examined especially if you are from Ekiti state, for those of you that are not from Ekiti state and assume Fayose is the best governor because he insults PMB, you are part of the larger problem, please go to your state and compare your Governor with Kebbi state Governor, after that, come back and make your comment

NOTE - Bagudu inherited N83bn debt from the previous government, he didn't blame it on the past government

Culled from Aduloju Olabayos wall

mazda cars are not that bad. The driving experience is very good; the sound system and interior is nice.

okay. i go buy them soon.

AND SOMEBODY WILL TELL ME TRUMP IS DUMB..LOL..TRUMP IS WORKING FOR THE REAL AMERICAN PEOPLE THAT VOTED FOR HIM...SHIKENA!!!!

It has started.

All these auto makers will consolidate or merge eventually and design unbelievable cars

Legendary car maker interstates drivers fit take blood money buy mazda bus they worship the car maker like there

Billion dollars

I can even manage to buy Madza car but not Toyota product.

Ijaya123:



You can say that again. Only those who have driven and owned a Mazda can understand.

I concur.

Good people of nairaland, pls help a brother to pay his law school fees.No amount is small,you can kindly contact him on 08184941410 for more enquiries and verification, include meeting him personally . THANKS & GOD BLESS YOU


A big thanks to you people that feel concerned. May God continue to bless you and elevate you in all your endeavors.

The reliability of a Toyota coupled with the good looks and awesome road manners of a Mazda! Nice!

Donald Trump is definitely proving his Hater's wrong with job creation and high employment rate.

nice

opalu:
The difference between competent and incompetent administrators is crystal clear. You don't give what you don't have: A case study of Gov Bagudu of Kebbi state and Gov Ayodele Fayose of Ekiti state.

*KEBBI'S RICE PYRAMID VS OREMEKUNU STOMACH INFRATSRUCTURE*

Fayose became the Governor of Ekiti state in 2014 while Bagudu became Governor of Kebbi state in 2015, while Bagudu took N4bn to BOI, got counter funding and got 78,000 people cultivating rice (employment), my own governor Fayose took N4.7 to build the first flyover in Ekiti state, while the farmers in Kebbi have sold their rice to Lagos state (LAKE RICE) and have moved on to increasing their farm size, my Governor is still battling with how to complete the humongous project that won't provide a single sustainable job.

While the Kebbi state Governor saw the potentials in processing by partnering with WACOT to provide a N10 billion rice mill that have a production capacity of 100,000 tonnes annually; silos for storing 18,000 tonnes of paddy and a warehouse for storing additional 12,000 tonnes of paddy. When operational, it is expected to generate direct and indirect employment for 3,500 people and its procurement will reach out to 50,000 farmers my own Governor Fayose has approved the construction of another governor's office, another high court, reconstruction of the road to his village (even though its next to mine) for several billions of naira.

Kebbi state is not owing any salary and the state government didn't blame it on PMB whereas Ekiti is owing pensioners as much as 11months while civil servants have 6months unpaid salaries, the difference between these Governors is called good governance with the people at the centre of it.

If you think Fayose is your best Governor because he gives people 1kg of rice plus N500, you need to have your head examined especially if you are from Ekiti state, for those of you that are not from Ekiti state and assume Fayose is the best governor because he insults PMB, you are part of the larger problem, please go to your state and compare your Governor with Kebbi state Governor, after that, come back and make your comment

NOTE - Bagudu inherited N83bn debt from the previous government, he didn't blame it on the past government

Culled from Aduloju Olabayos wall

Very interesting piece.

I call them lazy governors who do not know that the emancipation of their state economies lie with agriculture. Agriculture was the main stay of the Nigerian economy b4 oil was discovered.

It can be replicated..

good one, make Toyota just move their headquarters to North America, 1.4 million in sales YTD 2017

lets the deal not inflate the price of my crush MAZDA CX-5 still gathering the money small small