Ford Motor Co. is slashing its stake in Japan's Mazda Motor Corp. by nearly two-thirds, joining other struggling U.S. automakers in selling prized assets to stay afloat.
Ford to slash Mazda stake to raise cashCourtesy MSNBC.com: Business Tue, 11/18/2008 - 06:34
Ford Motor Co. is slashing its stake in Japan's Mazda Motor Corp. by nearly two-thirds, joining other struggling U.S. automakers in selling prized assets to stay afloat. Related itemsFord says CEO will work for $1 to get loans
Report: Ford to sell two-thirds of its Mazda stake
Mazda: Ford to cut stake to 13 from 33.4 percent
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