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Toyota, Mazda partner to build EVs at new $1.6 billion U.S. plant

TOKYO — Toyota and Mazda plan to build a $1.6 billion U.S. assembly plant, the two said on Friday, as part of an alliance that will also see the Japanese automakers jointly develop electric vehicle technologies. The two will take small stakes in each other as part of the tie-up: Toyota, the world's second-largest automaker by vehicle sales last year, will take a 5 percent share of Mazda, extending its dominance in Japan's auto sector. Mazda will take a 0.25 percent share of its larger rival. The plant, something of a surprise at a time of overcapacity in the U.S. market, will be a boost to U.S. President Donald Trump, who campaigned on promises to increase manufacturing and expand employment for American autoworkers. The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers, and employ about 4,000 people. It will start operating in 2021. The electric vehicles cooperation, meanwhile, comes as the tightening of global emissions regulations prompts more automakers to develop battery powered cars, as the industry struggles with hefty research costs and intense competition from technology companies over technology like self-driving cars. As part of the agreement, Toyota and Mazda will also work together to develop in-car information technologies and automated driving functions. Toyota, Japan's biggest auto company, has been forging alliances with smaller Japanese rivals for several years, effectively engineering a loose consolidation of the Japanese auto sector. It already owns a 16.5 percent stake in Subaru, Japan's No. 6 automaker, with which it also has a development partnership. Toyota is also courting compact car maker Suzuki to cooperate on R&D and parts supply as Toyota seeks to tap its smaller rival's expertise in emerging Asian markets. A stake in Mazda may also prevent future incursions by tech companies, one analyst said. "For a technology company which lacks the expertise in making cars, Mazda could look like a very interesting acquisition. They're very good, they're not too expensive. Maybe Toyota realizes this," CLSA managing director Chris Richter said. "By buying a 5 percent stake, Toyota takes Mazda off the table rather than having it sit out there like a free agent which could someday be used against them." COROLLA PRODUCTION SHIFT Mazda stands to gain from a deal that gives the small automaker a production foothold in the United States.

Mazda Miata RF gets price bump for 2019

Over the past couple of months, Mazda has been releasing information about updates for the 2019 model year of the MX-5 Miata. We got details about the car's 2.0-liter I4 making 181 horsepower and 151 pound-feet of torque. The car also gets a telescoping steering wheel, new door stops, updated cupholders and seat levers, standard rear-view camera and 17-inch wheels. Later, we learned the new Miata would also be a smidge more efficient. Now, Mazda has announced pricing for the 2019 Miata RF. Going on sale in August, the 2019 Miata MX-5 RF starts at $33,240 (including $895 in destination fees) for the Club trim level with a six-speed manual transmission. That's a price increase of $435. That doesn't seem so bad when you consider the extra 26 horsepower and higher redline. The Club 6MT can also be optioned with Brembo brakes and BBS wheels for an extra $3,770, or the Brembo/BBS/Recaro package for $4,670. The MX-5 Club with six-speed automatic comes with paddle shifters and sport mode for $33,840, but isn't available with the Brembo/BBS packages. The i-ActiveSense package, which includes features like Smart City Brake Support and lane-departure warning is a $450 option for the Club 6AT. MSRP for the Grand Touring trim starts at $34,230 with a six-speed manual transmission, which is $585 more than the outgoing model. The new GT-S package for the Grand Touring 6MT adds $750, and comes with a front shock tower brace, limited-slip rear differential, Bilstein dampers and a hand-painted black roof. The Grand Touring with six-speed automatic goes for $35,305. Auburn Nappa leather adds another $300. In terms of exterior colors, there are three premium options to choose from, each with its own added price. The gorgeous Soul Red Crystal tacks on another $595 to the price of the Miata RF. Machine Gray Metallic adds $300, while Snowflake White Pearl Mica costs $200. Pricing for the soft-top version of the 2019 Miata hasn't been announced yet. Related Video:

Mazda to reveal MX-5 Miata Club Edition in New York

Mazda is bringing a new version of its latest MX-5 Miata to the New York Auto Show. And while it's giving us very little to go on at the moment, from what we can tell so far, it looks promising. For starters, it's called the Club Edition, which speaks to us of enhanced performance – particularly on the track. For another, the statement below highlights the "maximum driving enjoyment" the existing MX-5 was "designed to deliver," and then proceeds to claim that the Club will "amplify that experience, harking back to the early lightweight sports cars that inspired it, but serving as a beacon for the future as a thoroughly modern, sophisticated package." Hopefully, then, it'll serve as some sort of road-going mid-point between the stock version and the Global Cup racing concept pictured above. We'd expect the 2.0-liter four-cylinder engine to carry over likely unchanged with its 155 horsepower and 148 pound-feet of torque, but with the potential addition of a stiffened suspension, upgraded rolling stock, revised aero, enhanced cockpit and maybe some excess weight trimmed out – although the new Miata doesn't have much to lose as it is. In any case, we're excited. Related Video: 2016 MAZDA MX-5 MIATA CLUB EDITION TO DEBUT AT NEW YORK INTERNATIONAL AUTO SHOW - 2016 MX-5 Club represents most aggressive road-going version - IRVINE, Calif., March 25, 2015 /PRNewswire/ -- Ready to join the Club? The 2016 Mazda MX-5 Miata Club edition, that is. Mazda North American Operations (MNAO) will be introducing the North American-spec MX-5 Club next week at the New York International Auto Show. The MX-5 Club represents the most aggressive road-going iteration of Mazda's fourth-generation flagship roadster. The 2016 MX-5 sheds approximately 150 lbs. from its predecessor through use of lightweight, efficient SKYACTIV®1 TECHNOLOGY, now weighing 2,332 lbs. when equipped with the standard SKYACTIV-MT six-speed manual transmission (2,381 lbs. with the six-speed automatic). Powering all North American models will be a 2.0-liter SKYACTIV engine, rated at 155 horsepower and 148 lb-ft of torque. Shorter than the first-generation MX-5 that initially graced U.S. shores in 1989, yet wider than the outgoing model and with its engine lower and farther back in its chassis, the 2016 MX-5 is designed to deliver maximum driving enjoyment.