Mazda May Suspend Joint Venture Production With Ford
Mazda is considering ending their joint venture with Ford based in Flat Rock, Michigan. "We have been studying various measures to improve business of Auto Alliance International, but nothing has been decided," Mazda spokeswoman Kozue Nitta told Reuters.
The mid-size Mazda6 is currently built at the Michigan facility, and the car is selling poorly despite critical acclaim. Mazda has the ability to produce 120,000 cars per year at the plant, but 2010 sales of the car only totaled 45,000 units. Ford has cut its stake in Mazda from a high of 33.6 percent in 1996 to 3.5 percent in November, 2010.
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