{"id":576047,"date":"2010-05-23T01:08:10","date_gmt":"2010-05-23T05:08:10","guid":{"rendered":"http:\/\/focusgear.com\/archives\/41354"},"modified":"2010-05-23T01:08:10","modified_gmt":"2010-05-23T05:08:10","slug":"mazda-to-expand-its-market-presence-in-china","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/576047","title":{"rendered":"Mazda to expand its market presence in China"},"content":{"rendered":"<p style=\"text-align: justify\">\n<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/focusgear.com\/files\/2010\/05\/d33e6385fe9b8e8dd335fc4f1735e3d4.jpg\" width=\"300\" height=\"175\" border=\"0\" class=\"rss2wordpress_image alignleft\" alt=\"2010 Mazda Carol\" \/>To increase sales and expand Mazda\u2019s market share in China, the carmaker is considering a plan to enter a new joint venture with its Chinese partner FAW Group. In 2003, Mazda first stepped into the Chinese market with its Mazda 6 via a technical cooperation with FAW.<\/p>\n<p style=\"text-align: justify\">However, media reports now say that Mazda has blamed its minor role in the partnership for limiting its development in China in the past few years. In addition, Mazda also has a venture with Ford Motor and Chongqing Changan Automobile in which it holds a 15% stake. Mazda has revealed that it seeks <span id=\"more-41354\"><\/span> to split the three-way tie-up and instead form a 50-50 joint venture with Changan. This move comes as no surprise after Ford cut its stake in Mazda globally. An insider source has told the Shanghai Daily that a restructuring proposal that seeks to improve the efficiency of Mazda&#8217;s venture and strengthen its Chinese business has been submitted to the government.<\/p>\n<p style=\"text-align: justify\"><span><\/span><\/p>\n<p>[via just-auto &#8211; sub. required]<\/p>\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p class=\"rss2wordpress_signature\">Source: <a href=\"http:\/\/www.4wheelsnews.com\/\">Car news, Car reviews, Spy shots<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To increase sales and expand Mazda\u2019s market share in China, the carmaker is considering a plan to enter a new joint venture with its Chinese partner FAW Group. In 2003, Mazda first stepped into the Chinese market with its Mazda 6 via a technical cooperation with FAW. However, media reports now say that Mazda has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-576047","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=576047"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576047\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=576047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=576047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=576047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}