Mazda, China's FAW to jointly develop sedan-paper


TOKYO, June 23 (Reuters) - Mazda Motor Corp , Japan's fifth-largest auto maker, will expand its alliance with Chinese partner FAW Car Co by cooperating in the development of FAW Car's remodeled luxury sedan, a daily said on Wednesday. Mazda, one-third owned by Ford Motor Co , will use its midsize Atenza as the basis for the overhauled sedan, the Nihon Keizai Shimbun reported. The two firms plan to put the new model on the market as early as 2006, the newspaper said. Mazda also plans to ...

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