maandag 5 oktober 2009
Mazda invests green money.
Mazda will raise 1bn dollars to invest in hybrid and electric cars, by selling 363m new shares and treasury stock from Ford Motor. Mazda’s results are better than expected, they have returned to profit much quicker than they thought and the forecast of its results in the coming periods are positive. A part of the raised cash will further be spend on “environment- and safety-related development”, the rest will be used for factory upgrades and other investments. The Mazda Tribute is the only hybrid car that Mazda offers, it’s based on the Ford Escape and only a small number have been sold yet.
Source: Mazda to raise $1bn to fund green cars
Jonathan Dauchot
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Clear focus, good flow and style
S3: the cash raised
S3: be spenT
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