Toyota is preparing a new sub-compact model for the U.S., Canada and Mexico that will be based on the Mazda2, with manufacturing to take place at Mazda’s plant in Mexico. The factory is currently under construction and is scheduled to become operational within the fiscal year ending March 2014.
The two companies made the announcement today stating that the as-of-yet, unnamed model will begin production around the summer of 2015 at a pace of 50,000 units per year and will be sold through Toyota dealerships in North America.
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