Toyota to build $1.6 billion U.S. plant with rival Mazda – source

Toyota Motor Corp (7203.T) and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion (£1.21 billion) U.S. assembly plant as part of a new joint venture, a person briefed on the matter said.

Sourced through Scoop.it from: uk.reuters.com

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