Mazda says no plan to merge domestic sale channels

Newswire

TOKYO, March 1 (Reuters) - Mazda Motor Corp , Japan's fifth-largest auto maker, said on Monday it had no plan to consolidate its three domestic sales channels into one, denying a newspaper report. The Nihon Keizai daily said on Monday that the company, owned one-third by Ford Motor Co , would consolidate its sales channels over the next four to five years to boost efficiency. "The report is based on speculation. We have no such plans," a Mazda spokesman said. Mazda, pushing a ...

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