2016 Toyota Mirai Pace Car

2016 Toyota Mirai Pace Car

It's now no longer a rumor.

Toytota and Mazda collaboratively confirmed that they are establishing a new technological partnership.  The goal is to "build a mutually beneficial long-term partnership."

In a statement, Toyota remarked:

"By leveraging the resources of both companies to complement and enhance each other's products and technologies, the partnership will result in more appealing cars that meet the diverse needs and tastes of customers all over the world."

Toyota will share its fuel cell and plug-in hybrid technology, while Mazda will supply its Skyactiv engines.

Mandatory Hand Shake

Mandatory Hand Shake

Toyota president Akio Toyoda said:

"We are excited to be working with Mazda. This partnership is based on a shared vision and mutual respect."

"We’ll respect each other's people, technologies and cultures. We will lead each other towards a better future."

"I would like our joint initiatives to send a message to the word, that we are committed to making cars more enjoyable over the next century."

Mazda boss Masamichi Kogai commented:

"I am certain that it will also enable us to offer our customers greater value.

"I hope that by working together to make cars better, we can raise the value of cars in the eyes of consumers while also enhancing the manufacturing capabilities of our home, Hiroshima, and all the communities we are involved in as well."