# Toyota and Mazda enter business and capital alliance

Toyota and Mazda signed an agreement to form a business and capital alliance, including a joint venture to produce vehicles in the US, joint development of electric vehicles and connected-car technology, and a mutual share acquisition of equivalent value.

- Type: Partnership
- Announced: 2017-08-04
- Where: United States, United States
- Status: announced
- Products: vehicles, electric vehicles, connected-car technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Motor](https://endata.com/companies/962.md) (partner)
- [Mazda Motor Corporation](https://endata.com/companies/26069.md) (partner)

## Sources

- [pressroom.toyota.com](https://pressroom.toyota.com/toyota-mazda-enter-business-capital-alliance/), 2017-08-04: "The greatest fruit of our partnership with Mazda is that we have found a new partner who truly loves cars."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.