Ford to sell stake in Mazda?
Mazda: Nothing has been decided - yet.
OneShift Editorial Team
14 Oct 2008
Everyone knew that the current financial turmoil would eventually
start affecting the auto industry.
Speculation is rife that Ford is now looking to sell of part of its controlling stake in Mazda to raise cash. The U.S. automaker owns a third, or 33.4 percent of Mazda.
Even if the sales goes through, Ford would still need to keep close ties with the Japanese company. This is because the two carmakers share technologies and platforms on a number of vehicles.
Credits: JRC
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