rmc523 Posted August 4, 2017 Share Posted August 4, 2017 https://www.autoblog.com/2017/08/04/toyota-mazda-partner-to-build-evs-at-new-1-6-billion-us-plant/ 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 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. ... As part of the agreement, Toyota and Mazda will also work together to develop in-car information technologies and automated driving functions. ... The automakers plan to produce Toyota Corollas and a new Mazda SUV crossover at the new plant. Toyota initially had been planning to produce Corollas at its new $1 billion plant currently under construction in Mexico, but this will shift to the United States, and the automaker will instead produce its Tacoma truck model in Mexico Quote Link to comment Share on other sites More sharing options...
blazerdude20 Posted August 4, 2017 Share Posted August 4, 2017 One step closer to Mazda becoming a division of Toyota. If Tacoma is going to Mexico, what replaces it at San Antonio? No way Tundra can keep that plant running by itself. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 4, 2017 Author Share Posted August 4, 2017 One step closer to Mazda becoming a division of Toyota. If Tacoma is going to Mexico, what replaces it at San Antonio? No way Tundra can keep that plant running by itself. I'm glad Mazda has been doing well, but it's kind of a shame that Ford let them go. Quote Link to comment Share on other sites More sharing options...
tbone Posted August 4, 2017 Share Posted August 4, 2017 I'm glad Mazda has been doing well, but it's kind of a shame that Ford let them go. I feel the same. I thought they were a good complement to Ford. Quote Link to comment Share on other sites More sharing options...
twintornados Posted August 4, 2017 Share Posted August 4, 2017 I'm glad Mazda has been doing well, but it's kind of a shame that Ford let them go. I feel the same. I thought they were a good complement to Ford. . I have always had a soft spot in my heart for Mazda, but they needed to get out from under Ford for the good of both companies. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 4, 2017 Author Share Posted August 4, 2017 . I have always had a soft spot in my heart for Mazda, but they needed to get out from under Ford for the good of both companies. They've certainly done well with their Skyactive program since leaving Ford. Quote Link to comment Share on other sites More sharing options...
ice-capades Posted August 4, 2017 Share Posted August 4, 2017 Sorry but I never thought that Ford got enough for it's 35% stake in Mazda and Mazda got most of the benefit with Ford produced Mazda versions of the Ranger and Escape models. I think that Mulally made the right decision with Ford selling its interst in Mazda. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted August 4, 2017 Share Posted August 4, 2017 If Tacoma is going to Mexico, what replaces it at San Antonio? No way Tundra can keep that plant running by itself. Toyota Tacoma is currently assembled both in San Antonio (TMMTX) and Tijuana (TMMBC). Toyota said that it plans to produce Tacoma at its new Guanajuato plant but didn't say if there would be any impact to Tacoma production at TMMTX or TMMBC. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 4, 2017 Share Posted August 4, 2017 (edited) Sorry but I never thought that Ford got enough for it's 35% stake in Mazda and Mazda got most of the benefit with Ford produced Mazda versions of the Ranger and Escape models. I think that Mulally made the right decision with Ford selling its interst in Mazda. There was one heck of a dynamic in play when Ford NA and Ford AP went with partnering Mazda products over their own products form Ford Europe - When FAP got T6, Mazda was really pissed off and thought that the mostly Aussie design team didn't have the engineering maturity to pull it off. Little did they know just how much help Ford NA assisted the project via key development staff fresh from Explorer... Ford-Mazda partnership was neither here nor there financially soFord wasn't really that exposed. It was just another example of a brand Ford acquired and then had to administer causing another level of complication. The shared Mazda products themselves were good but did nothing to help Ford Europe who had to develop their own products anyway - Mulally saw all of it as duplication and development cost burdens for Europe that was not amortized across the company. Edited August 4, 2017 by jpd80 1 Quote Link to comment Share on other sites More sharing options...
tbone Posted August 4, 2017 Share Posted August 4, 2017 Funny how we can get an American built Toyota Corolla but we have to have a Chinese Built Ford Focus. Go figure... 2 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 4, 2017 Share Posted August 4, 2017 IS Focus just the beginning? What if Fusion sales keep sliding, does Ford look at closing Hermosillo and importing Chinese Mondeo / Fusions? Quote Link to comment Share on other sites More sharing options...
tbone Posted August 4, 2017 Share Posted August 4, 2017 I hope not. If this is the path that they choose to take in the future I will seriously have to reconsider my affinity for Ford products. That would be pretty sad if the only America built sedans are from a foreign corporation. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 4, 2017 Author Share Posted August 4, 2017 IS Focus just the beginning? What if Fusion sales keep sliding, does Ford look at closing Hermosillo and importing Chinese Mondeo / Fusions? Lol, I posted this the last time you posted that - Mondeo will likely be produced alongside Fusion at Hermosillo. I hope not. If this is the path that they choose to take in the future I will seriously have to reconsider my affinity for Ford products. That would be pretty sad if the only America built sedans are from a foreign corporation. It helps when they don't have to deal with unions. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted August 4, 2017 Share Posted August 4, 2017 IS Focus just the beginning? What if Fusion sales keep sliding, does Ford look at closing Hermosillo and importing Chinese Mondeo / Fusions? Is Ford planning to assemble Fusion/Mondeo in China? I thought it was only Hermosillo and Valencia for that model. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 7, 2017 Share Posted August 7, 2017 Is Ford planning to assemble Fusion/Mondeo in China? I thought it was only Hermosillo and Valencia for that model. Ford has made Mondeo in China for years, i was merely speculating that if Fusion sales go the way of Focus then it would be possible to do the same and import form China but I would prefer to see that production transfer to Flat Rock Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 7, 2017 Share Posted August 7, 2017 (edited) Lol, I posted this the last time you posted that - Mondeo will likely be produced alongside Fusion at Hermosillo. No if Fusion sales keep dropping....they won't bother with the added complication of a hatchback and stationwagon. Edited August 7, 2017 by jpd80 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 7, 2017 Author Share Posted August 7, 2017 It almost seems as if they've been artificially limiting Fusion sales. Quote Link to comment Share on other sites More sharing options...
2b2 Posted August 7, 2017 Share Posted August 7, 2017 No if Fusion sales keep dropping....they won't bother with the added complication of a hatchback and stationwagon. Jpd, do you know which body-style sells most GLOBALLY? ( hard to imagine Buick leading the way but for the nextgen . . . ) Quote Link to comment Share on other sites More sharing options...
Kev-Mo Posted August 7, 2017 Share Posted August 7, 2017 Funny how we can get an American built Toyota Corolla but we have to have a Chinese Built Ford Focus. Go figure... Yep! And Samsung and LG can build Appliances in the USA cheaper than Whirlpool and Maytag! Foreign Corporations with factories in the USA have a tax advantage over American owned companies because they repatriate profits and are not bound to US federal corporate tax. This is the reason it is a big deal when we say "the profits are returned to the foreign countries". Never mind the tax breaks they get locally to build their factory there. It's like cable TV. The new guys get all the breaks and the long time customers pay the most. Wake up America! We burden our own companies trying to compete and open the door for foreign companies to own our economy! At least one person in Washington gets it - working to lower the Corporate Tax! 2 Quote Link to comment Share on other sites More sharing options...
akirby Posted August 7, 2017 Share Posted August 7, 2017 Wake up America! We burden our own companies trying to compete and open the door for foreign companies to own our economy! At least one person in Washington gets it - working to lower the Corporate Tax! It's amazing how many people don't get this simple concept. You don't tax a business - you tax the customers. Every dollar a business pays in taxes comes from the people buying their goods and/or services. Period. By cutting corporate taxes you allow businesses to better compete which keeps more jobs in the US. Trying to force businesses to pay more taxes because you think CEOs make too much money or workers don't make enough is like cutting off your nose to spite your face. Salaries don't mean anything if the jobs go away and you simply can't force any company to keep their operations in the US any more. 2 Quote Link to comment Share on other sites More sharing options...
bzcat Posted August 7, 2017 Share Posted August 7, 2017 (edited) No if Fusion sales keep dropping....they won't bother with the added complication of a hatchback and stationwagon. Hatchback is primarily a UK market thing so it is probably important enough for Ford to keep it going but only if Ford is sure UK fleet buyers won't take the sedan due of lack of hatchback options. Wagon is the main seller in Continental Europe so there is no question that Ford will keep making it as long as it wants to sell cars in Europe (can't say the same thing for next gen Holden Commodore for example, with GM withdrawing from Europe). Ultimately, I think producing Mondeo in Spain or Mexico won't make that much difference in the big scheme of things. It's a lot easier to ship Mondeo from Mexico than China in terms of logistic that is for sure. Nevermind the tariff situation favors Mexico. So I think if there is going to be consolidation, Spain is the one out in the cold. You will see two Mondeo production sites - China and Mexico. Edited August 7, 2017 by bzcat Quote Link to comment Share on other sites More sharing options...
Fgts Posted August 8, 2017 Share Posted August 8, 2017 It's amazing how many people don't get this simple concept. You don't tax a business - you tax the customers. Every dollar a business pays in taxes comes from the people buying their goods and/or services. Period. By cutting corporate taxes you allow businesses to better compete which keeps more jobs in the US. Trying to force businesses to pay more taxes because you think CEOs make too much money or workers don't make enough is like cutting off your nose to spite your face. Salaries don't mean anything if the jobs go away and you simply can't force any company to keep their operations in the US any more. Wholeheartedly agree, these US CEOs keep shipping and signing everything overseas for a quick buck and the overseas companies keep their operations going laughing at the American companies wondering how can you maintain profits and marketshare by giving everything away. It not just the car companies doing this. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 8, 2017 Share Posted August 8, 2017 (edited) Hatchback is primarily a UK market thing so it is probably important enough for Ford to keep it going but only if Ford is sure UK fleet buyers won't take the sedan due of lack of hatchback options. Wagon is the main seller in Continental Europe so there is no question that Ford will keep making it as long as it wants to sell cars in Europe (can't say the same thing for next gen Holden Commodore for example, with GM withdrawing from Europe). Ultimately, I think producing Mondeo in Spain or Mexico won't make that much difference in the big scheme of things. It's a lot easier to ship Mondeo from Mexico than China in terms of logistic that is for sure. Nevermind the tariff situation favors Mexico. So I think if there is going to be consolidation, Spain is the one out in the cold. You will see two Mondeo production sites - China and Mexico. My post was regards to the suggestion that Ford might Add Mondeo Hatch and wagon to Hermosillo production, not the ending of Mondeo production elsewhere.... I doubt Europe will want to give up Mondeo production after moving it to Spain, especially if it's being built in a cost effective multi-functional plant building S-max and Galaxy amongst others... The fact that Ford didn't want Focus production at Hermosillo shows that it didn't want to pays for reconfiguring another Focus plant - I suspect that logic follows throw a line to why we won't see Mondeo out of there either. Edited August 8, 2017 by jpd80 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 8, 2017 Author Share Posted August 8, 2017 My post was regards to the suggestion that Ford might Add Mondeo Hatch and wagon to Hermosillo production, not the ending of Mondeo production elsewhere.... I doubt Europe will want to give up Mondeo production after moving it to Spain, especially if it's being built in a cost effective multi-functional plant building S-max and Galaxy amongst others... The fact that Ford didn't want Focus production at Hermosillo shows that it didn't want to pays for reconfiguring another Focus plant - I suspect that logic follows throw a line to why we won't see Mondeo out of there either. Well, with the shift toward crossovers, I wonder if S-Max and Galaxy are long for this world. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 9, 2017 Share Posted August 9, 2017 (edited) Well, with the shift toward crossovers, I wonder if S-Max and Galaxy are long for this world. Hard to know but Ford will want ifs money back on those as they were delivered after CD4 Mondeo. Looking at sales, Hermosillo could be back on one shift and unless Ford has plans for more product there, I see it closing and Fusion production moving elsewhere, If Ford is planning something like that, then it would also explain why Focus was switched to China... Edited August 9, 2017 by jpd80 Quote Link to comment Share on other sites More sharing options...
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