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Unprofitable Mazda may be forced to sell assets, sever community ties

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Should Mazda Motor Corp. dump the Hiroshima Carp? Two weeks after selling $1.8 billion in new stock to replenish its depleted capital, the nation's only unprofitable automaker said last month that it will sponsor the All-Star baseball game in July. Mazda is the only Japanese carmaker to own control of a team in the league and also has a professional soccer club, a hospital and more than $5 billion in land holdings. (Japan Times)

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