Ford selling Mazda is officially speculation

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A few days ago, the rumor broke that Ford is going to sell its Mazda shares. Ford officially announced today that this is just media speculation and that it has nothing else to disclose on the matter.

However, Ford's statement also says that if it will have something to announce, it will do so at the appropriate time.

Ford's Statement:

On October 11, there was media coverage that Ford may sell its Mazda shares. This is speculation and nothing has been announced in this regard. There is nothing to disclose.

If we have something to announce, it will be disclosed at an appropriate time.

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Source: Ford