Cars
Report: Mazda to Cut Ties with Ford and Stop U.S. Production by 2013
Earlier in May, we told you about a report concerning Mazda’s plans to discontinue production of its Mazda6 mid-size model at its joint-venture plant with Ford in Michigan. Today, new reports from both Japan and the U.S. are claiming that Mazda Motors will dissolve its 50-50 joint venture with Ford and stop building cars in the USA by 2013, with the Japanese company already in talks with the Detroit automaker to sell its stake in their car production venture Auto Alliance International [AAI]. Read more »
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Ford Starts Ecosport Production In Russia, Will Add Fiesta In 2015
Ford Sollers, the joint venture of Ford and JSC Sollers in Russia, has begun production at its plant in the Republic of Tatarstan. The plant, which is Ford Sollers’ second assembly plant in Tatarstan and the third in Russia, will have an annual...
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Daimler And Byd Show The First Fruit Of Their Chinese Union With Denza Concept In Beijing
Mercedes-Benz's parent company Daimler and China's BYD (Build Your Dreams) marked the first appearance of their new joint venture brand Denza at a motor show with the world premiere of a new concept model that outlines a production vehicle that...
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Mazda Begins Construction Of New Mexican Plant That Will Produce The Mazda2 And Mazda3
In order to keep up with the growing demand in the Central and South American markets as well as to reduce its dependence on Japan, Mazda has formed a new joint venture Sumitomo Corporation to build a new factory hub in Mexico. The joint venture facility...
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Breaking News: Ford Planning To Sell Mazda Shares
In a weekend full of surprises and bewilderment for the American auto industry, right after reports of Chrysler holding merger talks with GM hit the web, Japanese media reported Saturday that Ford Motor Company was seriously considering selling its stake...
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Toyota Reportedly In Talks With Gm For Production Of Prius In California
Citing unnamed inside sources, daily Japanese newspaper “Tokyo Shimbun†reported today that Toyota and GM are in talks about producing the Prius, now made in only Japan and China, at their joint venture plant in Fremont, California. The report...
Cars