InsideJapan News Network
Monday,
18th
January
2010
In Business In Japan,
In Business In Japan,
Mazda announces dissolving of Ford venture
Japanese motor company Mazda is to dissolve its project with Ford, according to local reports.
According to the Nikkei Business Daily, the firm is to stop its venture with Ford in China by 2012. Mazda and Ford currently work together - alongside the Changan Automobile Group - in the Chinese provinces of Chongqing and Nanjing and both part own factories in the areas, under the name Changan Ford Mazda.
The Nikkei newspaper said that Mazda is seeking "more freedom" to work on its interests in the Chinese market.
A source told the newspaper that it was sometimes difficult for all three firms to agree and co-ordinate their production.
Mazda currently has two factories in Japan, in Yamaguchi and Hiroshima, in which it manufactures models including the Mazda Verisa, Mazda Biante and the Mazda 2.
In 2008, the firm produced more than one million cars in Japan.
Written by Kimberley Homer.
Related news stories:
Mazda to maintain Ford ties (21st October 2010)
Mazda plans aggressive strategy (7th December 2010)
Mazda recalls 300,000 cars (18th August 2010)
Record results at Mazda (25th April 2008)
According to the Nikkei Business Daily, the firm is to stop its venture with Ford in China by 2012. Mazda and Ford currently work together - alongside the Changan Automobile Group - in the Chinese provinces of Chongqing and Nanjing and both part own factories in the areas, under the name Changan Ford Mazda.
The Nikkei newspaper said that Mazda is seeking "more freedom" to work on its interests in the Chinese market.
A source told the newspaper that it was sometimes difficult for all three firms to agree and co-ordinate their production.
Mazda currently has two factories in Japan, in Yamaguchi and Hiroshima, in which it manufactures models including the Mazda Verisa, Mazda Biante and the Mazda 2.
In 2008, the firm produced more than one million cars in Japan.
Written by Kimberley Homer.
Related news stories:
Mazda to maintain Ford ties (21st October 2010)
Mazda plans aggressive strategy (7th December 2010)
Mazda recalls 300,000 cars (18th August 2010)
Record results at Mazda (25th April 2008)
Latest Headlines
-
Click on a region above to expand
Order a
InsideJapan meets Masterchef at Destinations -
27/01/2012
Show Time for IJT – Get your FREE tickets here! - 01/12/2011
Matsuri madness in London - 12/09/2011
Show all stories >>
Show Time for IJT – Get your FREE tickets here! - 01/12/2011
Matsuri madness in London - 12/09/2011
Show all stories >>
-2010.jpg "The Guardian, The Observer - Travel Awards 2010 Winner - Best tour operator (small)")
.jpg "Inside Japan Tours - Silver at the British Travel Awards 2009")
