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Mazda3 production grinds to halt in China

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1# A A A Post at 7-11-2006 17:51  Show author

Mazda3 production grinds to halt in China

Just one month after going on sale in China, Mazda's joint-venture plant that produces the Mazda 3 has fallen silent. While the Chang'an Ford Motors Corp facility isn't releasing the official reason for the cessation, analyst Hu Song of Haitong Securities Co. Ltd. believes the situation is the result of " believe it is the result of "a split on the production and sales channel between Chang'an Ford Motors Corp and FAW Mazda sales company during their consolidation of the Chinese market." Uh-huh. That's exactly what we figured, too.

There is no word or timetable on if or when production is set to resume.

[Sources: The Shanghai Daily; Mazda]


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