Tag Archives: ford
Official: Ford Selling 20% of Its Shares in Mazda
Posted on 18. Nov, 2008 by DeuxEx3.
If you didn’t already see this coming then know that it is now official: Ford will be selling approximately 20% of its shares in Mazda with Mazda purchasing about 6.87% and the remaining shares being bought by up to 20 other companies. Companies expected to pick up ownership in Mazda include auto parts manufacturer Denso [...]
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Mazda to Buy Back 10% of Shares from Ford
Posted on 23. Oct, 2008 by DeuxEx3.
It looks like we might finally be seeing Ford’s unofficial Mazda fire sale come to an end as the Ashai newspaper in Japan reported Mazda will be purchasing ten percent of Ford’s 33.4% ownership in the company back. Rumors and speculation have been circling the troubled U.S.-based automaker since late September claiming Ford was secretly [...]
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Is Ford Planning to Sell Its Stake in Mazda?
Posted on 12. Oct, 2008 by DeuxEx3.
We don’t shy away from posting rumors or speculation but we waited a bit on the recent rumblings that Ford Motor Co. will sell its 33.4% stake (worth about $1.36 Billion USD) in Mazda because it didn’t seem too probable. That was, of course, until recently when Mazda released a statement noting that “no decision [...]
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Ford No Longer Financing Mazdas, Chase Auto Steps Up
Posted on 26. Sep, 2008 by DeuxEx3.
In shocking news that drives home the current state of the auto industry, Ford Motor Credit Co. will cease being the primary lender of purchase and lease loans for Mazda USA on October 16th and Chase Auto Finance Corp. will step in on the 16th as their new lender of choice. Mazda is quick to [...]