P.M. BRIEFING : Fiat Makes Import Pact With Mazda

From Times wire services

Mazda Motor Corp. today announced it has reached basic agreement with Fiat Auto SpA to import and market Fiat’s Lancia cars in Japan.

The Lancia cars will be sold through a new dealership called “Autozam,” to be established in June, a Mazda spokesman said.

Mazda now sells Ford Motor Co. cars through their joint “Autorama” dealerships. Ford holds about a 25% stake in Mazda.