UPDATE 4-Mazda's Booth to head Ford Europe, Japanese takes helm


(Adds background on Ford Europe, analyst, company comments) By Chang-Ran Kim and Madeline Chambers TOKYO/FRANKFURT, Aug 27 (Reuters) - Japan's Mazda Motor Corp said on Wednesday its president had stepped down to take charge of Ford's troubled European arm, leaving the car maker in the hands of a Japanese veteran for the first time in seven years. The announcement came as a surprise since Lewis Booth had been expected to stay for at least two years after taking charge of Japan's ...

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