Ford Sells Portion of its Stake in Mazda
Chris Burdick | Nov 18, 2008 | 0 comments

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.