For some time now it’s been fairly obvious that Ford would be looking to sell it’s 1/3rd share in Mazda. While that may have been a very tough decision for Ford to make because a lot of Ford’s research and development work is actually done by Mazda it was a decision that looked inevitable thanks to Ford’s difficult financial situation.
Late last week several respected news sources in Japan announced that the sale as definitely going to happen and now the hunt is on to find a buyer. While many think that a local Japanese company will pick up Ford’s share there are rumours that the Indian car maker Tata Motors is also interested in buying into Mazda.
Only time will tell but don’t be fooled into thinking that an Indian car maker who seems intent on producing the cheapest car in the world isn’t interested in a share of a Japanese car manufacturer. Tata has already bought Jaguar and Landrover from Ford.