According to a Reuters report, Mazda announced on January 4 that it will expand its joint-venture capacity with Toyota in Mexico, with annual production of 230,000 units, an increase of more than 60%.
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The new plant is located in Guanajuato, Mexico and is currently under construction. Mazda plans to invest 650 million U.S. dollars in the plant in the future. By the end of the fiscal year 2015-2016 (April 1, 2015 to March 31, 2016), the production capacity will increase from 140,000 units/year initially planned to 230,000 units/year. .
According to the previous plan, Mazda will start production of the Mazda2 compact car and the Mazda3 compact car at the Mexican plant from the end of March 2014, targeting the North American and South American markets with a production capacity of 140,000 vehicles/year; in November 2012, two car companies announced In a joint statement, Toyota began producing about 50,000 mini-cars at the plant every summer from the summer of 2015.
A Mazda spokesperson said that Toyota will independently invest in the Guanajuato plant to invest in the production of equipment for mini vehicles. Toyota's investment quota has not yet been announced. 
