Ford sells 20 percent of Mazda

[SphereZerO]

Mazda has today announced that several of its strategic business partners will acquire 20 percent of Ford’s shares the company via market trading.
http://www.caradvice.com.au/19011/fo...cent-of-mazda/

[woofy]

Oh that's real smart...your company is going down the toilet so you sell the only part that is doing the right thing....

[Palo Verde]

the japanese car co. are not doing so well including Mazda, just check out my last entry in the Financial Crisis all over thread.

[speedy]

Originally Posted by woofy

Oh that's real smart...your company is going down the toilet so you sell the only part that is doing the right thing....

When you need cash simply to survive, you have no choice but to sell the family jewels. Not the best market to be selling into...

[SuperMazdaKart]

isn't it japanese law that any profit made by a japanese business stays in japan? which wouldn't benefit ford themselves anyway? unless there some loopholes around it.

[Rhys_Mazda323]

yay for loopholes

seriously though i'm sure iv heard something like that before