Tuesday, February 14, 2012

After another bad year, Mazda hunting for partners, could license Skyactiv

After another bad year, Mazda hunting for partners, could license Skyactiv

Mazda builds and exports more vehicles from Japan by percentage of total volume than any other automaker, which means it has been hit harder than most by the strength of the Japanese yen. Compounding matters further, between 2008 and 2010, Ford reduced its stake in Mazda from a controlling 33-percent share to less than four percent, meaning the automaker doesn't have any extra-deep pockets to help bridge the financial gap until profits improve and a North American factory located in Mexico is completed.

Autoblog, After another bad year, Mazda hunting for partners, could license Skyactiv

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