Mazda Motor Corporation and Ford Motor Company will dissolve their joint-venture in China by 2012, thus enlarging the business gap between the two companies, as Japan’s Kikkei business daily reported via Reuters.
Mazda and Ford had created a 3-party business cooperation with Chinese partner Chongqing Changan Automobile Co., an entity which will now be separated in two different ones, as the cited source writes.
According to Nikkei, the three companies are most likely to split the Nanjing F… (read more)