Japanese automakers Toyota and Mazda are planning to invest an additional $830 million into a manufacturing facility in the US, according to a report on Nikkei Asian Review.
The Mazda Toyota Manufacturing site in Huntsville, Alabama will build sports utility vehicles and the total investment in the facility is estimated to be more than $2.3 billion.
The original plan, announced a couple of years ago, forecast investment to be $1.6 billion, and production was scheduled to start in 2021. Now, says Nikkei, production is expected to start in 2022. [Read more…] about Toyota and Mazda to invest extra $830 million into US factory