Toyota to take 5 pct stake in Mazda, jointly build $1.6 bln U.S. plant
TOKYO, Aug 4 (Reuters) – Japanese automakers Toyota MotorCorp and Mazda Motor Corp announced on Fridaythey will build a $1.6 billion U.S. assembly plant as part of anew joint venture, while Toyota will take a 5 percent stake inits smaller rival.
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