Mazda Motor Corp. The Company and its subsidiaries also engage in other businesses, including financing and renting vehicles and equipment. Hertz Corp., a Ford subsidiary, operates a car rental business, as well as an industrial and construction equipment rental business. The Company's business is divided into two business sectors, the Automotive sector and the Financial Services sector. Ford Financial Services provides financing, insurance and vehicle and equipment leasing.
Results reflect decreased unit volumes in North America and increased marketing expenses.
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