Mazda Motor Corp. is downplaying reports out of Tokyo that it plans a 40% reduction in the number of North American dealer outlets over the next three years. Mazda President Mark Fields was quoted by one Japanese paper as saying the automaker would reduce outlets from 929 today to 550-600 by 2003. But a spokesman in the U.S. says there is no such target. He says Mazda has been reshaping its dealer network over the past three years and has reduced its U.S. count 17% since then — from 900 ...

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