Did Toyota merge with Mazda?

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Toyota takes a 5% stake in Mazda Motor Corp (7261. T) as the two companies announce they will work together on developing electric vehicles and build an assembly plant in the United States. Mazda takes a 0.25% stake in Toyota.

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Mazda does not have any electric vehicles or hybrids, while Toyota is working on that technology. For Toyota, a merger gives them access to Mazdas new but still-in-development rotary engine which CarBuzz says can be used as a range extender for electric motors.

Likewise, who did Toyota merge with? In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation. Two years later, Toyota entered into a joint venture with General Motors called the New United Motor Manufacturing, Inc, NUMMI, operating an automobile-manufacturing plant in Fremont, California.

Moreover, is Toyota and Mazda the same company?

As part of Fridays plan, Toyota, the worlds second-largest automaker by vehicle sales last year, will take a 5 percent share of Mazda, and Mazda will take a 0.25 percent share of Toyota. Mazda said it could even expand the alliance, as long as it could stay in control of its own management.

Who owns Mazda now?

Mazda Ownership Today, Mazda is a wholly owned Japanese company, but at one point, Ford one-third of Mazda. Ford has since sold its shares in the company, and various Japanese stakeholders. You can learn more with Mr. Mazda in the video.