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REPORT: Mazda looking to raise $1.1B to catch up in hybrid race
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 for research and development into hybrids and other eco-friendly technologies. So far, Mazda's only hybrid has been a version of its Tribute crossover utility vehicle, which was in reality little more than a badge-engineered version of the Ford Escape Hybrid. Last year, Ford reduced its stake in Mazda to ... Read more →
Ford sells 20% of its stake in Mazda Frank Filipponio
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 ...
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REPORT: Mazda looking to raise $1.1B to catch up in hybrid race 2 months ago on Autoblog
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 for research and development into hybrids and other ...
Ford sells 20% of its stake in Mazda 1 year ago on Autoblog
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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Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion
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