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Mazda Motor Corporation (MZDAY)

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3.2600-0.2400 (-6.86%)
At close: 03:46PM EDT
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  • Reuters

    Sollers in talks to buy Mazda out of Russian joint venture

    Russian automaker Sollers is in talks with Mazda Motor Corp about buying the Japanese company's stake in their Russian joint venture, Sollers said on Monday, as Mazda prepares to wind down operations in Russia. Mazda, which sold 30,000 cars in Russia last year, said in March that exports of parts to the venture's Vladivostok plant were going to end and production would cease when stocks ran out. The Nikkei newspaper on Saturday first reported the talks with Sollers.

  • Bloomberg

    Ukraine Latest: Putin’s Mobilization Sets Off Scattered Protests

    (Bloomberg) -- The Kremlin may rush to complete annexation of four occupied regions of Ukraine within days, ahead of an expected annual state of the nation address on Friday by President Vladimir Putin. The votes to join Russia have been condemned by the UN as illegal. Seven months into the war, Russia is attempting to subsume some of its neighbor’s most productive farming and industrial areas. Putin ordered another 300,000 troops mobilized last week; the rollout has triggered sporadic protests.

  • Reuters

    Mazda discussing ending production in Russia - Nikkei

    Japan's Mazda Motor Corp is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. The Japanese automaker, which sold 30,000 cars in Russia last year, said in March that exports of parts to the plant were going to end and production would cease when stocks ran out. Mazda has not made a decision about ending car sales and maintenance operations in Russia, the newspaper said.