maybe
http://www.detnews.com/apps/pbcs.dll/article?AID=/20081011/AUTO01/810110432/1148
wow, thats interesting. I have a hard time imagining ford selling mazda though. Mazda seems to be developing all of fords best cars...
My guess is that Mazda will be sold in the inevitable bankruptcy.
Actually, given the way Mazda's fortunes have been going lately, Mazda could conceivably buy itself back from Ford (although, perversely, this would actually be Ford selling Mazda to itself, depending on your perspective).
Autos Insider said:It said Ford has already contacted other Japanese companies about a possible sale and said Mazda itself would likely purchase some of the shares.
The linked to article indicates that mazda may do that.
I didn't read the linked article, but I read the wire story (AP?) yesterday.
It only makes sense, though. Mazda has done pretty darn well in the last 5-10 years. It's a shame Ford hasn't done as well. The really funny thing would be if Mazda turned around and bought Ford. I think they're too small to do that in this credit environment, but it would be sort of amusing.
At $2 or so per share, lots of people could afford to buy Ford. Heck, they way they are going, they might trade me for some of the crap in my garage.
I'd be a bit sad if Mazda bought Ford. Ford has been a mainstay of American manufacturing for years. To have that happen would most def'ly signal the end of an era. Quite possibly signaling how far American engineering and economy has sunk.
While I'll be sad too, I'm prepared for it.
All 3 of the big 3 will be gone. It's just a matter of time.
Most logical purchasers for the facilities in MI and other places would be foreign (Japanese) automakers.
Guys, WE should purchase Mazda. Shouldn't be that hard.
Or Ford. What's their stock worth these days? .003 cents?
SVreX wrote: While I'll be sad too, I'm prepared for it. All 3 of the big 3 will be gone. It's just a matter of time. Most logical purchasers for the facilities in MI and other places would be foreign (Japanese) automakers.
Not if we can help it.
But then again, some of you are so stubborn to think that everything that comes out of Detroit is crap, it's hard to get over that.
I'd still like to know who a lot of you Ford and GM haters work for- so I can avoid your fine product for no good reason.
Eric
My apologies, Eric. That opinion probably didn't need to be voiced.
I'm actually a GM man, myself. Just hard to see how the numbers will ever add up from a layman's perspective.
After Ford did their damndest to destroy Mazda's reputation with the CD4E transmission fiasco I don't think Mazda would want to be part of Ford anyway.
alfadriver wrote: But then again, some of you are so stubborn to think that everything that comes out of Detroit is crap, it's hard to get over that. I'd still like to know who a lot of you Ford and GM haters work for- so I can avoid your fine product for no good reason. Eric
I want to believe Domestic cas have gotten better. I tell myself that until I believe it. Then I rent an Aura, Fusion, Charger, etc a week after I've had a Mazda 6 or a an Altima or even (gulp) a Gallant, and I realize that the Big 3 still isn't up to snuff.
The crap may be reliable these days...but you can't compete on reliability any more. The Japanese commoditized reliability in the 80's and 90's and now absolute reliability is expected, even from the cheapest cars out there. It is the details and nuances that make the difference.
the Big 3 can't sell cars that are 97% as good as the Japanese stuff and win. They have done this for the last three decades and done irrepairable damage to their brands.
whats funy is there used to be an anti imprt sentiment form people who never owned one, now the japanese cars are favored and the domestic's are disliked by the epople who finally gave in and drove an import, most people dn't avoid domestic's for no good reason, they dislike them because they had domestic's then got a batter car
I've had more trouble form my 04 chevy truck in 90k miles than the 250k miles combined I put on the 2 previous nissan trucks
You'll need to log in to post.