Ford Motor May Sell Mazda Controlling Stake After Almost Three Decades as Investor. News on Oct. 12 (Bloomberg) — Ford Motor Co., after almost three decades as an investor in Japan’s Mazda Motor Corp., is considering selling its controlling stake, a person familiar with the deliberations said.
A sale of the one-third holding in Mazda isn’t [...]
Ford sells luxury car brands Jaguar, Land Rover for $2.3B to India’s Tata Motors
Automaker announces deal to sell luxury brands to India’s Tata Motors; Ford says sale will close by the end of next quarter.
DETROIT (AP) — Ford Motor Co. announced Wednesday that it has agreed to sell British automakers Jaguar and Land Rover to [...]
General Motors and three suppliers in credit ratings review upon disruptive strike at American Axle
Standard & Poor’s said that it was reviewing the credit ratings of General Motors and three of its large suppliers in response to an unexpectedly disruptive strike at American Axle, a Michigan-based parts maker.
GM shares fell 7.2 per cent to $17.83, [...]