HIROSHIMA, Japan—Mazda Motor Corporation announced today that the restructuring plan of Changan Ford Mazda Automobile Co., Ltd. (CFMA) has obtained final approval from the Chinese government. CFMA is a joint venture between Mazda, Changan Automobile Co., Ltd. (Changan) and Ford Motor Company. Effective immediately, CFMA will be restructured into two separate joint ventures, Changan Mazda Automobile Co., Ltd. (Changan Mazda) and Changan Ford Automobile Co., Ltd.
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