Ford has just announced the sale of part of its ownership interest in
Mazda.
-dave
"The automaker will sell 20% of Mazda today, reducing its holdings to
about 13%. Mazda said that it will buy back up to a 6.9% stake for as
much as 17.9 billion yen ($186 million). Unidentified "strategic
business partners" will purchase the rest of the shares."
http://www.freep.com/article/20081119/BUSINESS01/811190372
Good news. Ford has been holding back the rotary with their short
sightedness.
Paul Lamar
No, not shortsightedness -- they knew exactly what they were doing, and
didn't want the rotary to compete with their reciprosaur gas engines.
They don't even want to sell Diesels, offering them a niche market,
rather than as a wide-range solution.
They have an unimaginably huge vested interest in keeping people away
from other technologies. How many billion dollars have they spent on
machines which are so perfectly designed to build the hundreds of parts
that go into a Ford engine . . .but which are useless for any other
purpose? This is why there is so little difference between their
powerplants from year to year or model to model. They are so uniform in
manufacturing that the Triton engines have a reputation for blowing
spark plugs out of the cylinder head, but only ONE PARTICULAR PLUG,
thousands upon thousands of them (so many that TimeSerts developed a kit
specifically to fix this problem in this engine)!
It could be a labor union issue. I dunno. It doesn't matter. All that
counts is that the less Dearborn influence on Mazda, the closer we are
to the rotary being unremarkably common.
Keith W
--
The Rotary Engine NewsLetter. Powered by Linux.
ACRE NL web site.
http://www.rotaryeng.net
Youtube key word UTUBPLEASE
Copyright 1998-2008 All world wide rights reserved.