Articles Tagged with "Ford"

The head of Mazda Motor Corp. (7261.TO) Wednesday countered speculation that Ford Motor Co. (F) would be pulling the plug on its partnership with his company, saying the alliance between the two auto makers isn't over. "We have an agreement with Ford under which we will continue to cooperate in areas of mutual benefit," chief executive Takashi Yamanouchi, said at a press conference.

Mazda Motor Corp (7261.T) may gain a freer hand to make decisions if Ford Motor Co (F.N) cuts its ownership share, though the Japanese automaker may want to seek another partner eventually. Ford, once the controlling shareholder in Mazda, plans to sell most of its remaining 11 percent stake in Mazda