Ford to stop sharing common platforms with Mazda

Ford Motor Company (F) has had a long relationship with Japan's Mazda, and the two automakers have shared technology, manufacturing and automobile platforms for decades now. That, however, may soon come to an end.

Ford has signaled its intention to design and manufacture by itself in the future. This isn't necessarily bad for Ford, but it's a crush to Mazda.

Ford, the only U.S.-based automaker that not only did not take a government bailout, but is overall doing quite well, wants all its engineering investment to be solely its own, according to Ford Americas President Mark Fields. As Mazda goes it alone, the Japanese automaker may find it hard to introduce new models. It will have to conceptualize, design and manufacture them on its own.

This is yet another good step for Ford. Since hiring former airline executive Alan Mulally three years ago (with a hefty pay package that seems to have been worth it), Ford has been making all the right moves lately. Its Fusion and Focus small cars are selling incredibly well and are on par, quality-wise, with anything in their respective classes.

Ford and Mazda may continue small-car development together in the future, according to Mazda CEO Takashi Yamanouchi. But, in all reality, this is the end for Mazda. Competing on its own with the likes of Toyota and Nissan won't be even close to easy -- and those are just its domestic competitors.
Get the latest on cars and trucks
from Ford and all brands at AOL Autos.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 05:10 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

Learn More About Ford Cars

Find Your Next Car

AOL Autos New Cars and Used Cars

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1328911804440 ms.