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    REPORT: Mazda looking to raise $1.1B to catch up in hybrid race     1254774540

    2009 Mazda Tribute - Click above for high-res image gallery
    According to a report from Reuters, Mazda plans to raise up to $1.1 billion (95.9 billion yen) by issuing 315.2 million new shares and selling 96.8 million treasury shares. The resulting funds are to be reinvested in the company, mainly ...

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    Ford sells 20% of its stake in Mazda     1227022080

    Well, we have to say we saw this coming. Ford has officially sold off approximately 20% of its stake in Mazda. The sale reduces Ford's share from a controlling 33.4% interest to just over 13% and puts about $540 million into the Dearborn coffers, based on a sale price figured at Mazda's closing ...

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