Mazda Motor Corp. has scrapped plans to build its second factory in the U.S. because of a sharp downturn in industry sales and the troubles at its partner Ford Motor Co., the Nikkei newspaper reported in its Wednesday edition.
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Japan's Mazda Motor has scrapped plans for a new factory in the United States due to deteriorating sales and the troubles at its partner Ford Motor, a newspaper reported on Wednesday.
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Mazda Motor Corp. has scrapped plans to build its second factory in the U.S. because of a sharp downturn in industry sales and the troubles at its partner Ford Motor Co., the Nikkei newspaper reported in its Wednesday edition.
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Mazda Motor Europe has updated its Thai-built BT-50 light truck line (shared with Ford which sells the line as the Ranger in most markets outside North America).
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Mark Fields is a wuss. That's my conclusion after a day of briefing at Ford on new drivetrains, etc., then driving lots of Ford products.
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India's Tata Motors is not in talks to buy Ford's stake in Japan's Mazda Motor Co., a company spokesman said yesterday. "There have been reports in the media that Tata Motors is among potential buyers for shares in Mazda Motors.
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A recent study has indicated that Ford, Lincoln and Mercury vehicles have statistically tied Toyota and Honda in terms of quality for the 2008 model year. The study, carried out by the U.S. Global Quality Research System (GQRS), says that the American automaker's machines have continued with impressive quality gains for the fourth straight year, led by the F-Series super duty and the Lincoln Mark LT. The survey solicits input from owners of new vehicles after three months of service.
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U.S. auto industry sales are running at about the same level as they have the last two months, and Ford Motor Co. remains committed to matching capacity with demand, a senior executive said today.
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SEOUL -- Hyundai is pitching the Genesis coupe as the most affordable 300-hp, rwd sporty car on the market. North American prices likely will be below $30,000, said Hyundai Motor America spokesman Miles Johnson at a press event here.
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Ford Motor China has reported sales of 240,879 units for the first nine months of 2008, up from 224,849 during the same period last year.
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Ford is considering selling part of its 33.4% stake in Mazda Motor Corporation, Japanese media have reported.
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Ford chief financial officer Don Leclair retires on 1 November, after a 32-year career with the automaker, to be replaced by Lewis Booth.
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Shares of General Motors jumped 33 percent in trading today after reports the automaker had been in merger talks in recent weeks with smaller rivals Ford Motor Co. and Chrysler LLC.
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Tata Group Chairman Ratan Tata accepted an Automotive News Europe Eurostar award. Other Eurostar winners included Ford of Europe CEO John Fleming, Robert Bosch Automotive Chairman Bernd Bohr and BMW's head of group purchasing, Herbert Diess.
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Ford of Europe will build the replacement to its Fusion small minivan in Craiova, Romania, a person familiar with the matter told Automotive News Europe here last week.
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Think of Lewis Booth as another European import that Ford Motor Co. is relying on to revive the Blue Oval. With Booth's move to CFO, Ford chief Alan Mulally is looking to tap into the management savvy that helped put Ford of Europe on an upswing.
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Ford Motor Co. may sell part of its stake in Mazda Motor Corp. to help weather plunging U.S. auto sales and the global credit crunch, Japanese media reported. Ford is close to selling most of its 33.
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Ford Motor Co. may sell part of its stake in Mazda Motor Corp. to help weather plunging U.S. auto sales and the global credit crunch, Japanese media reported. Ford is close to selling most of its 33.
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This won't shock anyone, but the Mazda Tribute is just a re-badged version of the Ford Escape. It's got the same engines, same transmissions and same capabilities, and the only major difference is in regard to suspension tuning. The Tribute gets a stiffer ride than the Ford. Zoom-zoom, and all that. When it launched in 2001 alongside the Escape, it was bigger than a CRV or a Rav4, as well as somewhat more rugged looking as well.
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