Ford & Mazda split, but will still co-develop technology
Ford has sold the majority of its share in Mazda but the two manufacturers say they plan to continue to work together to develop advanced technologies, even if they don't share platforms.
Ford owned a controlling share in Mazda and both companies shared the development of most of their mass produced vehicle platforms. Based on the same Mazda developed platform and similarly priced is the Mazda 2 and the Ford Fiesta, the Mazda 6 and Ford Mondeo also share platforms.
“The strategic relationship continues. The business relationships continue. And they continue on the basis that they’ve always continued,” Ford Chief Financial Officer Lewis Booth said.
“Where it works to the benefit of both companies, we do things together, and where it doesn’t, we don’t.”
Mazda admits that it is too small to succeed as a mass market competitor to Ford or Toyota, it has not been made clear if Mazda and Ford will develop platforms together but they will continue to share powertrain technologies.
“Our strategic alliance will remain intact. Ford will remain an important partner for Mazda,” said Mazda board member, Mr Masaharu Yamaki.
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