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Has Toyota bought out Mazda?

No. Toyota has not bought out Mazda. Mazda remains independent, and the two companies continue a strategic alliance that includes a 50/50 joint venture in Huntsville, Alabama, for manufacturing, along with ongoing joint product development and technology sharing. There is no public plan for a full acquisition or merger.


Current state of the partnership


The partnership between Toyota and Mazda centers on collaborative manufacturing, shared platforms and technologies, and selective equity links. The arrangement is designed to bolster competitiveness in a fast-evolving automotive market while avoiding a full merger or takeover.


Key elements of the relationship today include:



  • Manufacturing collaboration: The Mazda Toyota Manufacturing, U.S.A., LLC (MTMUS) plant in Huntsville, Alabama operates as a 50/50 joint venture between Mazda and Toyota, producing vehicles for North American markets.

  • Joint development and technology sharing: The two companies work together on vehicle platforms, electrification, and advanced engineering to accelerate time-to-market and cost savings.

  • Equity links and governance: The alliance includes strategic cross-links and minority equity relationships that bind the two firms without granting control to either side.


These elements illustrate how Toyota and Mazda coordinate operations while preserving their separate corporate identities and brand portfolios.


What a buyout would involve


If a full buyout were ever pursued, it would entail a major strategic shift with significant financial, regulatory, and organizational implications. The following points outline typical considerations in a hypothetical scenario.



  1. Valuation and financing: A full acquisition would require a credible offer price and funding plan that satisfies Mazda’s shareholders and regulators.

  2. Regulatory scrutiny: A takeover would attract antitrust review and could trigger approvals in multiple jurisdictions, given the brands’ market positions and global operations.

  3. Corporate structure and branding: The acquisition would redefine ownership of Mazda’s brand portfolio and its corporate governance, potentially reshaping product strategy and dealer networks.

  4. Impact on employees and suppliers: A buyout could lead to reorganizations, changes in management, and renegotiation of supplier contracts and labor agreements.

  5. Alternative paths: Absent a full buyout, the parties might deepen the alliance through expanded joint ventures, broader technology sharing, or refreshed investment commitments.


At present, there is no publicly announced plan for Toyota to acquire Mazda. The two firms continue to pursue collaboration rather than consolidation.


Summary


Summary of the situation: Toyota has not bought Mazda. The companies remain independent, but with a robust alliance that includes a 50/50 manufacturing joint venture in the United States and ongoing collaboration on technology and development. Any future move toward a full acquisition would require careful negotiation, regulatory clearance, and strategic alignment. For now, the partnership is about cooperation, not takeover.

Has Mazda merged with Toyota?


No, Mazda and Toyota did not merge, but they have a strategic alliance and a joint venture to build cars. The two companies established a capital and business alliance in 2017, and they operate a joint manufacturing plant in Alabama that builds both the Mazda CX-50 and the Toyota Corolla Cross.
 

  • Business Alliance: Toyota and Mazda signed an agreement in 2017 to strengthen their partnership through a business and capital alliance. 
  • Joint Venture: They co-own and operate the Mazda Toyota Manufacturing (MTM) plant in Huntsville, Alabama. 
  • Plant Production: This facility produces the Mazda CX-50 and the Toyota Corolla Cross, with a combined annual capacity of 300,000 vehicles. 
  • Independent Companies: Despite their close collaboration, Mazda and Toyota remain independent companies. 



Which Mazda is made by Toyota?


The Mazda CX-50 is the Mazda model built in a joint venture with Toyota at the Mazda Toyota Manufacturing plant in Huntsville, Alabama. This plant also produces the Toyota Corolla Cross on a separate assembly line. The partnership includes shared engineering and manufacturing, and the CX-50 hybrid uses a Toyota hybrid system. 

  • Location: The Mazda CX-50 is produced at the Mazda Toyota Manufacturing (MTM) USA plant in Huntsville, Alabama. 
  • Shared manufacturing: The MTM plant is a joint venture where both Mazda and Toyota build their respective vehicles, the CX-50 and the Corolla Cross. 
  • Shared technology: The partnership also involves sharing technology, which is evident in the CX-50 hybrid, as it utilizes a Toyota drivetrain. 



Does Toyota own any Mazda?


Toyota owns roughly 5% of Mazda, and Mazda owns a portion of a percentage of Toyota.



What company owns Mazda now?


Mazda is owned by the Mazda Motor Corporation, which is a publicly traded company headquartered in Japan. While Mazda is an independent company, Toyota Motor Corporation is a significant minority shareholder, owning about 5.1% of Mazda's stock. 

  • Independence: Mazda became fully independent after selling its remaining shares in Ford in 2015. 
  • Strategic Partnership: It has a strategic partnership with Toyota, which includes equity sharing. 
  • Major Shareholders: Besides Toyota, other major shareholders include The Master Trust Bank of Japan and Custody Bank of Japan. 


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.