Mazda and Toyota are teaming up to build a new assembly plant in the United States, a press release posted on the NY Auto Giant website said.
The plant project is estimated to be worth $1.6 million and will create up to 4,000 jobs. The facility will produce the Toyota Corolla, moving production of the car from its current Mexican facility.
The collaboration also includes plans to develop and produce new electric vehicles and self-driving vehicles. The press release did not state where the plant will be located or what brand name the as-yet-unnamed vehicles will carry.
The plant is projected to open by 2021.
The plant in Mexico that produces Corollas will manufacture the Toyota Tacoma once the plant in the United States is operational, the release said. The Tacoma is currently produced in Ontario, Canada.