{"id":731630,"date":"2010-05-23T01:08:10","date_gmt":"2010-05-23T05:08:10","guid":{"rendered":"http:\/\/focusgear.com\/archives\/41354"},"modified":"2010-05-23T01:08:10","modified_gmt":"2010-05-23T05:08:10","slug":"mazda-to-expand-its-market-presence-in-china","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/731630","title":{"rendered":"Mazda to expand its market presence in China"},"content":{"rendered":"<p style=\"text-align: justify\">\n<p style=\"text-align: justify\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/focusgear.com\/files\/2010\/05\/d33e6385fe9b8e8dd335fc4f1735e3d4.jpg?resize=300%2C175\" width=\"300\" height=\"175\" border=\"0\" class=\"rss2wordpress_image alignleft\" alt=\"2010 Mazda Carol\" \/>To increase sales and expand Mazda\u2019s market share in China, the carmaker is considering a plan to enter a new joint venture with its Chinese partner FAW Group. In 2003, Mazda first stepped into the Chinese market with its Mazda 6 via a technical cooperation with FAW.<\/p>\n<p style=\"text-align: justify\">However, media reports now say that Mazda has blamed its minor role in the partnership for limiting its development in China in the past few years. In addition, Mazda also has a venture with Ford Motor and Chongqing Changan Automobile in which it holds a 15% stake. Mazda has revealed that it seeks <span id=\"more-41354\"><\/span> to split the three-way tie-up and instead form a 50-50 joint venture with Changan. This move comes as no surprise after Ford cut its stake in Mazda globally. An insider source has told the Shanghai Daily that a restructuring proposal that seeks to improve the efficiency of Mazda&#8217;s venture and strengthen its Chinese business has been submitted to the government.<\/p>\n<p style=\"text-align: justify\"><span><\/span><\/p>\n<p>[via just-auto &#8211; sub. required]<\/p>\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p style=\"text-align: justify\">\n<p class=\"rss2wordpress_signature\">Source: <a href=\"http:\/\/www.4wheelsnews.com\/\">Car news, Car reviews, Spy shots<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To increase sales and expand Mazda\u2019s market share in China, the carmaker is considering a plan to enter a new joint venture with its Chinese partner FAW Group. In 2003, Mazda first stepped into the Chinese market with its Mazda 6 via a technical cooperation with FAW. However, media reports now say that Mazda has [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-731630","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-34ku","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/731630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=731630"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/731630\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=731630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=731630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=731630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}