business

Ford to reduce Mazda stake to 3%, Nikkei reports

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I worked on projects for Mazda several years ago. And even though Ford rescued that company from bankruptcy -- thereby saving thousands of jobs -- "Ford" was truly a four-letter word among the staff there in Hiroshima. Absolutely hated them. So I'm sure that despite what management is saying, the real sentiment is that they are happy to see Ford go.

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I was involved in a full acquisition of a Japanese company in the late 90's. Even though it was a wholesale food company most Japanese people had never heard of it was still a big freak'n scandal in Japan and took years to close the deal.

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I hope Mazda survives, Ford is really on a roll lately and I'm sure anyone would like to ride their coat tails. My how fortunes change, Ford is a dynamic awsome company these days after years of sloth and mismanagement.

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Ford reduces share in Japan's industries Mazda, to 3 percent.

US motor industry need more cash,right for Ford to get more cash for Ford Motors from Mazda Japan.

World of business fortune,you never who will get rich in cash.

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correction..you never know,who will get rich in cash.

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Ford said years ago they would divest all non-key assets to focus on the ford and Lincoln marquees. No surprises here. :)

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