Mazda Motor has announced it has sold a 70% stake in Hiroshima, Japan-based machine tool and auto components subsidiary Toyo Advanced Technologies. The OEM sold 6,807,000 shares with a value of ¥21bn (US$267.1m) to Itochu Corporation.
Mazda noted that the transaction will lead to the posting of extraordinary profit of around ¥18.9bn and ¥9.6bn,
It’s time to log in (or subscribe).
Not a member? Subscribe now and let us help you understand the future of mobility.
Scroll
News
Magazine
Articles
Special Reports
Research
OEM Tracker
OEM Model Plans
OEM Production Data
OEM Sales Data
Most Popular
Pro
£495/year
or £49.50/month
1 user
1 user
- News
- yes
- Magazine
- yes
- Articles
- yes
- Special Reports
- yes
- Research
- no
- OEM Tracker
- no
- OEM Model Plans
- no
- OEM Production Data
- no
- OEM Sales Data
- no
Most Popular
Pro+
£1,950/year
or £195/month
1 user
1 user
- News
- yes
- Magazine
- yes
- Articles
- yes
- Special Reports
- yes
- Research
- yes
- OEM Tracker
- yes
- OEM Model Plans
- yes
- OEM Production Data
- yes
- OEM Sales Data
- yes
Most Popular
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
Up to 5 users
- News
- yes
- Magazine
- yes
- Articles
- yes
- Special Reports
- yes
- Research
- yes
- OEM Tracker
- yes
- OEM Model Plans
- yes
- OEM Production Data
- yes
- OEM Sales Data
- yes
Most Popular
Pro+ Enterprise
Unlimited
- News
- yes
- Magazine
- yes
- Articles
- yes
- Special Reports
- yes
- Research
- yes
- OEM Tracker
- yes
- OEM Model Plans
- yes
- OEM Production Data
- yes
- OEM Sales Data
- yes
