Mazda Motor Corp., 11-percent owned by Ford Motor Co., is revealed to move the Chinese production of its Mazda 3 model to Nanjing from Chongqing in May. The companies are looking forward to dissolving their joint venture in China by 2012, a move that would further weaken the tie between the two automakers, Japan's Nikkei business daily reported on Sunday.

After announcing plans to sell Mazda2 in Canada, Mazda has confirmed that its subcompact will be arriving in America too. It was forwarded by Mazda North American Operation's president and CEO, Jim O'Sullivan, that by late 2010, the Mazda Mazda2 subcompact will be sold in the U. S. as well as in Canada.

Ford Motor Co. (F), which holds the biggest stake in Mazda Motor Corp. with a 33.4% stake, has decided to offload its stake by 20 per cent.