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

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

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