http://money.cnn.com/2008/10/11/news/international/bc.as.japan.mazda.ford.ap/index.htm?postversion=2008101114
The move, should it happen, would be a symbolic retreat for U.S. automakers in Japan. General Motors Corp (GM, Fortune 500). similarly sold off its stakes in Japanese automakers in recent years.
It has recently been reported that Ford is considering selling shares of Mazda to a Japanese company. Although a decision as not been made, Ford is finding alternatives to avoid financial difficulty. By selling some of their shares on Mazda does not lessen their control with Mazda. I'm pretty sure management will draw up plans that will work in the favor of he company's best interest.
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