Mazda to Cut Ties with Ford and Stop Making Cars in the US by 2013


New plans have been unveiled that Mazda plans on dissolving its joint venture with Ford, which will result in the end of US-built Mazdas according to Japan’s Nikkei.

Currently Mazda and Ford have a 50/50 partnership for the AutoAlliance International plant in Michigan. According to sources, Mazda is considering selling its stake in the plant to Ford as Mazda seeks to restructure its global production. The plant currently produces the Mazda6, but around 2013 Mazda cars sold in the US will come from Japan and Mexico.

The Mazda and Ford partnership was lessened last year when Ford lowered its stake in Mazda from 11 percent down to 3.5 percent.

Full Story: Yahoo