Mazda Has Asked for $2.8 Billion in Loans to Deal With Costs of Pandemic

[moparnut]

Mazda has requested loans to the tune of $2.8 billion USD to help it survive the effects of the current pandemic. Like all automakers, Mazda has seen its bottom line savaged by the coronavirus, but the Japanese company was in tight even before Covid-19.

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[Dr.Jass]

Mazda is literally a Ford Division. No loans. Sell cars or fail, period.

 

[thrashingcows]

I drove by a Ford dealer in a small-ish town last night and almost all the new trucks were gone...returned to sender?