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Toyota and Mazda in talks to build joint US auto plant

UPDATE: The Toyota-Mazda deal has been announced. A newer version of this story appears here. Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to launch a joint venture and build a new U.S. assembly plant, a person briefed on the matter said. A new auto plant would be a major boost to U.S. President Donald Trump, who campaigned on promises to boost manufacturing and expand employment for American autoworkers. Japan's Nikkei reported on Thursday that Toyota would take a roughly five-percent stake in Mazda Motor Corp to develop key electric vehicle technologies and jointly build a factory in the United States. The deal could be announced as soon as Friday, the newspaper said. The person briefed on the matter, who was not authorized to speak to the media and requested anonymity, confirmed the Japanese carmakers were planning to build a large plant in a yet to be determined U.S. location and planned future joint efforts on electric vehicles. The same source declined to offer further details, however. Toyota, in a statement, said the two companies have been exploring various areas of collaboration under a May 2015 agreement. "We intend to submit a proposal to our board of directors today regarding the partnership with Mazda, however, we would like to refrain from providing further comment at this time," Toyota said in a statement issued by its U.S. operations. Mazda said in statement that "nothing has been decided yet" and added the company "will have a board meeting on this matter today. We cannot comment any further." Toyota, the world's second-largest automaker by vehicle sales in 2016 and Japan's dominant car company, has been forging alliances with smaller Japanese rivals for several years, effectively consolidating the Japanese auto sector. A new U.S. assembly plant would likely become the prize in a fierce competition among Midwestern and Southern states eager to expand manufacturing jobs. Trump in January criticized Toyota for importing cars to the United States from Mexico. The Republican president also threatened to impose a hefty fee on Toyota if it were to build its Corolla cars for the U.S. market at a plant in Mexico. "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax," Trump said in a post on Twitter. But since January, Trump has praised Toyota for its U.S. investments.

Junkyard Gem: 1982 Mazda RX-7 GSL

The early Mazda RX-7 was one of the few bright spots for sports-car shoppers during the Malaise Era, a lightweight and simple rear-wheel-drive machine with a screaming Wankel engine under the hood. Even though it was designed mostly as a means of getting Japanese car buyers a loophole to keep their engine-displacement-based road taxes low, the early RX-7 sold well in North America. I still find these cars during my junkyard travels, but the 1981-1983 FB-series RX-7s have been getting scarce in recent years. Here's a very solid '82 that showed up in Denver during the winter. Japanese cars of this era tended to rust early and often, but this one appears to be absolutely corrosion-free. The odometer shows just a hair over 100,000 miles, so I'm guessing this car spent decades in covered storage. The seat leather shows a few rips, but the interior looks pretty good overall. The body has some dents and dings, nothing serious. It wouldn't have taken much to get this car back on the road and looking good. The GSL package got you four-wheel disc brakes, a limited-slip differential, and these cool-looking pillar badges.  The list price on a new 1982 Mazda RX-7 GSL came to $11,895, or about $32,350 in 2020 bucks. A new Datsun 280ZX coupe went for $14,499 that year, but was a much more powerful and prestigious car; the less opulent 200SX was just $7,739. If you wanted a new Celica Supra, the price tag was $14,598. The final year for the Fiat-badged 124 Spider (they were sold with Pininfarina badging for a few additional years) was 1982, and that car cost $12,290. Meanwhile, your Chevrolet dealer had new Z28 Camaros starting at $9,700 that year; the RX-7 would eat up the Camaro on a tight road course but would be blown away on the straights. The 12A rotary engine in this car made 100 horsepower from just 1.1 liters of displacement, putting smiles on the faces of those Japanese road-tax payers. Unfortunately, fuel consumption was scary, particularly in the immediate aftermath of the 1979 Oil Crisis. Why did this car end up in a place like this? It was found in an office parking lot with a flat tire and expired registration tags and towed away. Then it failed to attract any bidder interest at the subsequent auction and U-Pull-&-Pay picked it up for next to nothing. So, if you ever wanted an early RX-7, buy the next cheap one you find before it meets a fate similar to that of today's Junkyard Gem. This content is hosted by a third party.

MotorWeek proves '90s were awesome with Supra, Stealth, RX-7, Corvette, 968, 300ZX comparo

Oh, the heady days of 1993, back when the Clinton Presidency was just getting underway, and it seemed like every hot new rock band was coming out of Seattle. Sports cars in the US had finally shaken off the shackles that slowed them during the '70s and '80s, and you could buy any number of legitimately quick vehicles again. MotorWeek recently went digging into its archives to find this six-model test from 1993 showing off some of the best semi-affordable performance coupes that money could buy at the time, and it's priceless.
Featuring the 1994 model year Toyota Supra in twin-turbo guise and MY 1993 versions of the Porsche 968, Nissan 300ZX TT, Mazda RX-7, Dodge Stealth R/T Turbo and Chevrolet Corvette LT-1, MotorWeek definitely covered all of the bases. One thing that might surprise younger readers is these cars' performance. The video only provides 0-60 acceleration times, but several of these vehicles would still be considered pretty potent today - over 20 years since going on sale. The Supra is especially impressive, hitting 60 miles per hour in just 5 seconds. Even today, that's nothing to sneeze at.
Given their performance potential and still-attractive looks, it's amazing that some of these coupes are old enough to drink now. The progress of interior design and safety equipment in the intervening years is pretty shocking, though. In most of these models, having two airbags is touted as a big deal. Scroll down to watch a Throwback Thursday blast from the past about some of the '90s best sports cars.