Ford to slash Mazda stake to get more cash
Tuesday, November 18th, 2008 Posted in Auto industry, Credit Crisis Depression, Uncategorized | 1 Comment »TOKYO - Ford Motor Co. is slashing its stake in Mazda Motor Corp. by nearly two-thirds, joining other struggling American carmakers in selling prized assets to stay afloat. Ford, which owns 1/3 of Mazda, will sell about a 20 percent stake, ...