Mazda restructures China car joint venture with Changan, FAW - NewsBreak
By Ulises in Business
Updated 3 years ago
TOKYO/BEIJING, Aug 24 (Reuters) - Japanese automaker Mazda Motor Corp (7261.T) said on Tuesday it and two Chinese partners have agreed to form a new venture in which it will have a 47.5% stake. State-owned Chongqing Changan Automobile (000625.SZ) will also hold 47.5% of the new joint venture, Changan Mazda...