Is Mazda Financial owned by Toyota?
In the automotive industry, ownership structures can often be complex and confusing. One common question that arises is whether Mazda Financial, the financial services arm of Mazda, is owned by Toyota. This article aims to clarify the relationship between these two automotive giants and their respective financial services.
Understanding Mazda Financial
Mazda Financial Services provides financing options for customers looking to purchase or lease Mazda vehicles. It operates independently but is closely tied to Mazda Motor Corporation, which is headquartered in Hiroshima, Japan. Mazda Financial offers various financial products, including retail financing, lease programs, and dealer financing solutions.
The Relationship Between Mazda and Toyota
While Mazda and Toyota are both prominent players in the automotive market, they are separate entities. However, they do have a collaborative relationship. In 2015, Toyota acquired a 5% stake in Mazda, which led to a partnership aimed at developing new technologies and sharing resources. This partnership has resulted in joint ventures, including the establishment of a new manufacturing plant in the United States.
Ownership of Mazda Financial
Despite the partnership between Mazda and Toyota, Mazda Financial remains a wholly owned subsidiary of Mazda Motor Corporation. It is not owned by Toyota. The financial services provided by Mazda Financial are designed to support Mazda customers and dealers specifically, without direct involvement from Toyota.
Conclusion
In summary, Mazda Financial is not owned by Toyota. It operates as a part of Mazda Motor Corporation, which maintains its independence despite a strategic partnership with Toyota. Understanding these relationships is crucial for consumers and industry stakeholders alike, as they navigate the complexities of automotive financing and ownership.
Frequently Asked Questions
Who owns Mazda finance?
Mazda Motor Corporation
The trade name “Mazda Financial Services” and the Mazda and Mazda Financial Services logos are owned by Mazda Motor Corporation (Mazda) or its affiliates and are licensed to Toyota Motor Credit Corporation (TMCC).
Who is Mazda owned by now?
Mazda
| Headquarters in Fuchū, Japan (2020) | |
|---|---|
| Total assets | 3,259,251,000,000 yen (2023) |
| Owners | The Master Trust Bank of Japan (15.4%) Custody Bank of Japan Ltd. (5.9%) Toyota Motor Corporation (5.1%) |
| Number of employees | 48,750 (2022) |
| Website | mazda.com |
Has Mazda been bought by Toyota?
Mazda isn't alone in the automotive industry. You may probably not know this unless you're either a fan of Japanese cars, or a fan of Mazda in general, but did you know Toyota has a 5.1 percent stake in Mazda? The two companies aren't part of any common parent company, mind you.
How much Mazda stock does Toyota own?
Major Shareholders
| Shareholder | No. of Shares Owned (Thousand Shares) | Ratio (%) |
|---|---|---|
| The Master Trust Bank of Japan, Ltd.(Trust Account) | 107,802 | 17.1% |
| Custody Bank of Japan, Ltd.(Trust Account) | 34,072 | 5.4% |
| Toyota Motor Corporation | 31,928 | 5.1% |
| JPMorgan Securities Japan Co., Ltd | 15,028 | 2.4% |
What companies are under Mazda?
Consolidated Subsidiaries (70)
| Company name | Country/region | Mazda's share |
|---|---|---|
| Mazda Ace Co., Ltd. | Fuchu-cho, Aki-gun, Hiroshima | 100% |
| Mazda Logistics Co., Ltd. | Minami-ku, Hiroshima-shi, Hiroshima | 100% |
| Kurashiki Kako Co., Ltd. | Kurashiki-shi, Okayama | 75% |
| Mazda Engineering & Technology Co., Ltd. | Minami-ku, Hiroshima-shi, Hiroshima | 100% |
Is Mazda Finance owned by Toyota?
The trade name “Mazda Financial Services” and the Mazda and Mazda Financial Services logos are owned by Mazda Motor Corporation (Mazda) or its affiliates and are licensed to Toyota Motor Credit Corporation (TMCC).
Who owns Mazda Financial Services?
Mazda Motor Corporation (Mazda)
The trade name “Mazda Financial Services” and the Mazda and Mazda Financial Services logos are owned by Mazda Motor Corporation (Mazda) or its affiliates and are licensed to Toyota Motor Credit Corporation (TMCC).
Who provides Mazda car finance?
Finance is provided by Mazda Financial Services.
Is Mazda affiliated with Toyota?
Mazda Toyota Manufacturing (MTM), the only North American facility to produce the Corolla Cross, is a joint venture partnership between Mazda Motor Corporation and Toyota Motor Corporation. The plant began production of the Corolla Cross in September 2021, and of the all-new Mazda CX-50 in January 2022.
Which bank does Mazda use for financing?
Mazda Financial Services is a finance brand used by Toyota Motor Credit Corporation (“TMCC”) to offer retail auto financing and leasing through participating Mazda dealers and TMCC.
