How many percent is Mazda owned by Ford Motor Company? A few years ago
(perhaps over 5 years ago), I saw on TV that the president of Ford
Motor Co. mentioned that Ford owned 25% of Mazda. Do they own Mazda
more now? If it is only 25%, how come Ford include Mazda in their
flagship? In addition, how many percent does Ford own Volvo, and
I went to Mazda's website, and there is nothing mentioned that it is
owned by Ford.
Thanks for info
Foreign individuals or companies can not 'own' a Japanese company, as 'Boon'
Pickens discovered. The max amount was 25% up until a number of years ago
when it was raised to 33.5%. That is the reason that the company that
developed the current hybrid power system developed jointly by Ford, via
Volvo, and another Japanese auto company, whose name escapes me at the
moment, could be bought by Toyota and not Ford. The three auto companies
are cross licensed to the technology.
Thanks for the info.
My main question still remains. If Ford only owns 33.5% of Mazda, did
Mazda gives a blessing for Ford to assume Mazda under their wings? It
is odd that you assume that you own other company, if you only own
33.5%. Perhaps there is somekind of agreement that Ford can put Mazda
under its umbrella? I own 0.00000000001% of Microsoft stock (just an
example), but I cannot say to everybody that I own MS ?
Regarding top of bottom posting, is there actually a "standard rule" on
how to reply in the newsgroup? I prefer top posting better, as the
previous postings are below it. This is more convenient if the string
of posting is getting longer. Unless, there is also a rule that you
have to clip previous postings when you reply?
33.9% gives Ford effective control of Mazda. Ford has the right to appoint
board members and the CEO, etc. In theroy the other Mazda shareholders could
decide to overrule Ford decisions, but in practice this doesn't happen. Much
of Mazda's recent sucess can be attributed to Mark Fields. Ford moved him
from Madza back to Ford. Although Ford controls Mazda, Mazda isn't
integrated into Ford like Jaguar, Rover, or Volvo.
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