The automotive sector is a major industrial chain that influences many other sectors due to its reliance on advanced technology and substantial investment. One such company is Mazda or earlier known by the name Toyo Kogyo. It had a longstanding partnership with the Sumitomo industrial giant, to which it had supplied items since the company’s inception. Do you know who is Mazda owned by? Read this article till the end to find out more about Mazda such as whether is Mazda still owned by Ford and much more stuff.
1. Who is Mazda Owner? Who is Mazda Owned by?
It wasn’t until 1984 that Mazda was officially adopted as the company name. The origin of the name is a mystery. The Persian god of light and wisdom Ahura Mazda was the first of two origins for this idea.
So, who is Mazda owned by? Akira Marumoto is the President, CEO, and Mazda owner since June 2018. He operates out of Mazda’s present headquarters in Hiroshima, Japan. Its vehicles are manufactured mostly in factories located in Japan. The Mazda brand is owned by Mazda Motor Corporation. (Also read Where is Mazda Made?)
2. What is Mazda Origin Country?
Mazda Motor Corporation, the name itself compels you to think about high-end cars. But what is the Mazda origin country? It was created in Hiroshima, Japan in 1920, with the specialization of Autorickshaws. Mazda Motor Corporation, formerly known as Toyo Cork Kogyo, is headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan.
3. A Brief Mazda History
Now that you know who is Mazda owned by, let us take a look at its brief history. MAZDA, founded by a metal engineer and located in Hiroshima, is a premier automaker that produces a variety of exciting and sporty vehicles. Mr. Jujiro Matsuda the company’s substantial founder, was born in Hiroshima in 1875. He began his career as a blacksmith before becoming a shipbuilding engineer at state-owned navy shipyards in Kure and Sasebo. He invented, manufactured, and sold the Mazda Pump in Osaka, where he had a factory.
- 1920: Toyo Cork Industry Enterprise was founded by reforming a bankrupt company.
- 1921: Mr. Matsuda returns to Hiroshima and takes over as President of the company in the year 1921.
- 1927: Toyo Kogyo was renamed in 1927.
- 1931: MAZDA the first three-wheeled vehicle, is produced.
- 1932: MAZDA three-wheeler was supplied to China in 1932 (later also to India).
- 1935: Mining drills were manufactured.
- 1940: A compact automobile was tested for manufacturing.
- 1945: The Hiroshima atomic bomb was dropped, yet the MAZDA factory was spared. MAZDA expands after WWII to become a car and truck manufacturer with rotary engines and active technical cooperation with European and American automakers.
- 1950: Model CA little vehicle was manufactured.
- 1951: Jujiro Matsuda steps down as President, and his son Tsuneji Matsuda takes over.
- 1960: R360 Coupe (middle shot) little passenger automobile created and sold successfully. Following that, a succession of passenger cars (Luce, Familia) and trucks was launched in collaboration with German and British manufacturers.
- 1967: Commercialization of the rotary engine (the first model: Cosmo Sport), MAZDA rises to prominence as a rotary engine automobile manufacturer.
Hence, summing up the very brief information regarding Mazda history. Must read Who Owns Nissan?
4. Is a Mazda basically a Ford?
No, Mazda was previously owned by Ford Motor Company. Ford and Mazda formed a collaboration in 1974, which resulted in Ford obtaining a 24.5% share in Mazda in 1979. Ford upped its interest to 33.4% 16 years later. This must have answered the very query about whether is a Mazda basically a Ford or something entirely different. This collaboration was responsible for goods like the Mazda B-Series pickup truck.
5. Is Mazda Still Owned by Ford?
No, Ford Motor Company purchased interests in the company in 1979 and owned more than 33% of it by 1995. Ford, on the other hand, sold all of their Mazda stock in 2015. Hence if you were confused about whether Is Mazda still owned by ford or not, it’s a no. (Also read Who is the Honda Company Owner?)