Ford Controls Mazda or?!?!?
03-17-2009, 03:33 AM
#1
Ford Controls Mazda or?!?!?
Ok so does ford still own Mazda or? because i thought Mazda was like the Acura of Honda or Scion of Toyata... How much Mazda stock does Ford own now, because theres a article in wikipedia, http://en.wikipedia.org/wiki/Mazda
On November 18 2008 Ford announced that it would be selling a 20% stake in Mazda bringing its stake to 13.4%, and surrendering control of the company. [7][8] The following day Mazda announced that, as part of the deal, it was buying back 6.8% of its shares from Ford.
Ok so now the Ford owns 13.4% of Mazda what does this mean? I mean i suppose this is a good thing because Ford quality isn't the best... but anyone have any idea who bought the rest of the stock or imput on this whether this is good for us, the 8 , or just Mazda in general...
thanks...
On November 18 2008 Ford announced that it would be selling a 20% stake in Mazda bringing its stake to 13.4%, and surrendering control of the company. [7][8] The following day Mazda announced that, as part of the deal, it was buying back 6.8% of its shares from Ford.
Ok so now the Ford owns 13.4% of Mazda what does this mean? I mean i suppose this is a good thing because Ford quality isn't the best... but anyone have any idea who bought the rest of the stock or imput on this whether this is good for us, the 8 , or just Mazda in general...
thanks...
03-17-2009, 03:45 AM
#2
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old news
ford lost its controlling share, but it never "owned" mazda
the relationship is still there though.
a variety of other companies bought the shares... i remember sumitomo and bridgestone IIRC, but there were more
ford lost its controlling share, but it never "owned" mazda
the relationship is still there though.
a variety of other companies bought the shares... i remember sumitomo and bridgestone IIRC, but there were more
03-17-2009, 03:51 AM
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found the article
http://www.reuters.com/article/innov...4AI60K20081119
http://www.reuters.com/article/innov...4AI60K20081119
03-17-2009, 05:07 AM
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I don't see how this helps at all. Ford has a history of rebuilding companies. Ford has sold off several viable companies as part of their own self-bailout like Aston Martin, Jaguar and Land Rover. For Mazda, it means a reduction in investment while at the same time reducing shared platforms (costing more $) during a terrible auto market. Remember, at one time Mazda was at risk of going under altogether; Ford bailed them out in many ways.
03-17-2009, 05:07 AM
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But knowing the huge amount of shared components, yeah, the two will continue to have a very strong relationship
03-17-2009, 05:08 AM
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I don't see how this helps at all. Ford has a history of rebuilding companies. Ford has sold off several viable companies as part of their own self-bailout like Aston Martin, Jaguar and Land Rover. For Mazda, it means a reduction in investment while at the same time reducing shared platforms (costing more $) during a terrible auto market. Remember, at one time Mazda was at risk of going under altogether; Ford bailed them out in many ways.
Ford brought Mazda up from losing $$ to making a nice profit in just a few years not too long back
03-17-2009, 06:10 AM
#9
Mazda can't survive alone, but its tech it's better than Ford tech in small/midsize cars.
In this wedding both partners have advantages.......
03-17-2009, 07:19 AM
#11
At 33.4% Ford had controlling rights over Mazda under Japanese law (In excess of a third). This is no longer the case.
Now if we can only break free of the re-badged Ranger trucks (B series) that some dealers are unable to sell AT ALL
.
Paul.
Now if we can only break free of the re-badged Ranger trucks (B series) that some dealers are unable to sell AT ALL
.Paul.
03-17-2009, 11:17 AM
#12
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Actually, the JDPower Initial Qaulity Survey puts Ford just behind Honda and well ahead of Mazda....
http://blog.cleveland.com/business/2...ses_in_on.html
93 % of Fords line up (41/44) has a buy rating from Consumer Reports while Gm has less than 30% and Chrysler has 0. While Fords ratings have been going up Toyotas has been dropping
http://www.upi.com/Business_News/200...8411192592033/
3 Toyotas lost their buy rating including Camry
03-17-2009, 11:49 AM
#13
ford has gotten a bad rap in all of this, with a few exceptions, ford makes pretty good cars ... as does chevy, to be honest, especially in recent years with saturn. and dodge of course makes damn fine automobiles if you like that beefy vibe.
ford and chevy both have had the problem of consistently marketing to middle aged white male southerners though they've tried to curb that in the last 2 years or so, it seems. of course, now their problem will be a strange compulsion to make way too many slow *** ugly hybrids with knock offs of the toyota 2nd gen synergy drive inside. i hope they develop something new though.. i'm puling for them.
and regarding toyota, i'd say their quality has slipped over the years and they've been riding high approval ratings. i used to sell cars there, and now i own a 08xb (camry for kids) on lease for the wifey. Mine is always having some sort of issue. And the camry's were having transmission troubles in the 4cyl.
can't say much for honda. they've always seemed like the bastard kids of toyota and mazda to me. sometimes it works, sometimes it doesn't.
all that said, mazda is doing about as well as the rest of them with the exception of subaru and hyundaii, which are both doing better than expected. more ford stake or less wouldn't really make a difference at this point.
mazda should just stick to what they do best, putting out innovative and original drivers cars. they're not going anywhere.
ford and chevy both have had the problem of consistently marketing to middle aged white male southerners though they've tried to curb that in the last 2 years or so, it seems. of course, now their problem will be a strange compulsion to make way too many slow *** ugly hybrids with knock offs of the toyota 2nd gen synergy drive inside. i hope they develop something new though.. i'm puling for them.
and regarding toyota, i'd say their quality has slipped over the years and they've been riding high approval ratings. i used to sell cars there, and now i own a 08xb (camry for kids) on lease for the wifey. Mine is always having some sort of issue. And the camry's were having transmission troubles in the 4cyl.
can't say much for honda. they've always seemed like the bastard kids of toyota and mazda to me. sometimes it works, sometimes it doesn't.
all that said, mazda is doing about as well as the rest of them with the exception of subaru and hyundaii, which are both doing better than expected. more ford stake or less wouldn't really make a difference at this point.
mazda should just stick to what they do best, putting out innovative and original drivers cars. they're not going anywhere.
03-17-2009, 12:01 PM
#14
[quote=zoom44;2918841]Try facts
Wow really... this is why i was asking man, is it not a forum to ask questions... i was obviously reading about it on wikipedia and even said i was a little behind trying to catch up. i didnt quite want to research it enough to write a damn paper. This is why its i asked, from now on ill keep my damn mouth shut when asking one...
Wow really... this is why i was asking man, is it not a forum to ask questions... i was obviously reading about it on wikipedia and even said i was a little behind trying to catch up. i didnt quite want to research it enough to write a damn paper. This is why its i asked, from now on ill keep my damn mouth shut when asking one...
03-17-2009, 07:44 PM
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Wow really... this is why i was asking man, is it not a forum to ask questions... i was obviously reading about it on wikipedia and even said i was a little behind trying to catch up. i didnt quite want to research it enough to write a damn paper. This is why its i asked, from now on ill keep my damn mouth shut when asking one...
Although I do wonder why an 8 owner is concerned about quality
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