Ford is considering selling part of its 33.4% stake in Mazda Motor Corporation, Japanese media have reported.

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Both the Nikkei business daily and broadcaster NHK said Ford was close to selling most of its stake while NHK also said the US automaker wanted to shed a 20% slice.


Ford reportedly said there had been no change in its tie-up with Mazda while the Japanese firm reportedly said in a statement: “Nothing has been decided.”


The Nikkei said trading house Sumitomo [involved for decades in some of Mazda’s overseas operations] and Tata Motors were potential buyers of the shares and the two would continue their vehicle production partnerships [in countries including the US, Thailand and China] after any sale.

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