View Full Version : how much of mazda does ford own?
the fat bastid
01-03-2003, 07:57 PM
what about the other jap companys? i hear only one is unmolested by american companys or some such. I'm not really too sure.
look at all them smilies! go logan!!
:shot:
RancorKeeper
01-03-2003, 09:11 PM
In 1979, Ford acquired a 25% stake in Mazda. In 1996, they increased that percentage to 33.4%. However, I don't believe that's technically a controlling interest (I could be wrong though), but I'd be surprised if they weren't the largest share-holder. However, even a controlling equity or stock interest doesn't legally entitle a person or corporation to outright ownership. They only control whatever percentage their number of shares entitle them to & whatever power those shares give them in voting. GM has a similar relationshipvwith Subaru.
Pantherman
01-03-2003, 11:41 PM
Japanese Law is different. Ford does effectively have control of Mazda. The last couple of Mazda chiefs have been from Ford.
RancorKeeper
01-04-2003, 06:43 AM
Well, that's like saying the Ford family owns Ford because they've had several CEO positions over the past 100 years, when in fact shareholders, like myself, technically own Ford. I agree it's a somewhat moot point because most decisions are made by a select few, but still, it's the principle of the thing.
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