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Toyota, Mazda mull joint plant in US

The Japanese carmakers may spend $1.8bn to open facility in early 2020s

Toyota and Mazda are looking to build on the successes of their previous agreements.

TOKYO -- Toyota Motor and Mazda Motor are considering building a joint assembly plant in the U.S. under their planned capital partnership, The Nikkei learned on Friday.

The Japanese automakers may invest a total of 150 billion yen to 200 billion yen ($1.36 billion to $1.81 billion) in the facility, which would possibly start operating in the early 2020s and produce 300,000 cars a year, mainly midsize and large models.

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