Monday, October 13, 2008

Ford Calls Reported Sale Of Mazda Stake 'speculative': WSJ (Fox News)

Automotive News reported yesterday that Japanese newspaper Nikkei and Japanese broadcaster NHK claim Ford is "close to selling most of its 33.4 percent holding" in Mazda. On the heels of record lows for Ford share prices and the broadening global credit crisis, Ford is considering all possible actions to keep its brand solvent ..

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