ROMEO, MI – Ford Motor Co. and Japan’s Mazda Motor Corp. can maintain a tight product-development relationship, even if the U.S. auto maker sheds its controlling stake in Mazda, a top Ford official says. Reports resurfaced today Ford may sell its shares as a way to raise money, as the U.S. financial crisis and economic downturn has further eroded market demand for new vehicles. Ford isn’t alone in trying to bulk up its coffers. On Friday, The New York Times reported General Motors Corp. ...
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