Home About Archives Car Reviews Contact Photos
November
18
2008
12:06 pm
Tags:
Post Meta :
Author:
Chris Burdick

Ford Sells Portion of its Stake in Mazda

Ford Mazda

Ford Motor Company announced today that it will be selling a large portion of their stake in Mazda to help strengthen their balance sheet. This will bring their share in Mazda from over 33% to only 13% - netting Ford a total of around $540 million.

Ford and Mazda will still share vehicle platforms and powertrains, so don’t expect a big change in their line-up. This change seems to be only numbers - we shouldn’t see any difference in operating procedures, vehicle line-up, design, or staff changes.

Share/Save/Bookmark

Get Free Email Updates:


RSS Feed

Participate! Leave your comment.

Comment Rules: We appreciate you taking the time to comment on this article, and your thoughts are always welcome. However, some people choose to abuse the comments section, so here are some new rules: Don't be a jerk. Disagreeing with people is welcome and encouraged, but name calling and insults are not. What are you, in grade school? Also, do not spam. Use your personal name or initials, and not your business name, as the latter looks like spam. You may link to your website in the URL box, but do not leave it in the comments. You may, however link to a relevant article on another website in the comments box. If you break these rules, your comment will be deleted. Thanks again for commenting.