Honda cuts operating profit forecast on stronger yen

FILE PHOTO: The logo of Honda is seen on a Monster model during a Motor Day Exibition in Rome, Italy, March 5 2016. REUTERS/Alessandro Bianchi TOKYO (Reuters) – Honda Motor Co (7267.T) on Friday cut its full-year profit outlook by about 10% on expectations of a stronger yen. Japan’s No.3 automaker cut its forecast for… Continue reading Honda cuts operating profit forecast on stronger yen

Toyota unveils $1.8 billion share buyback after strong second-quarter profits

TOKYO (Reuters) – Toyota Motor Corp (7203.T) unveiled plans for a $1.8 billion share buyback on Thursday, after reporting a more-than-expected quarterly profit on better global sales and an improvement in its North American business. FILE PHOTO: An employee works under a Toyota Motor Corp logo at the company’s showroom in Tokyo, Japan February 5,… Continue reading Toyota unveils $1.8 billion share buyback after strong second-quarter profits

Mitsubishi Motors slashes full-year profit forecast on slowing car sales

FILE PHOTO: The logo of Mitsubishi Motors Corp is seen at a showroom of the company’s headquarters in Tokyo, Japan November 26, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) on Wednesday cut its full-year profit outlook by 67% as it expects sluggish demand in North America and China will continue, while a… Continue reading Mitsubishi Motors slashes full-year profit forecast on slowing car sales

Mazda: vehicle problems November 2019

WASHINGTON, DC (November 5, 2019) – Mazda North American Operations has filed a Part 573 notification with the National Highway Traffic Safety Administration (NHTSA) for a safety defect on certain 2019 Model Year CX-9 vehicles. In the manufacturing process, rubber compound used for prototype production was accidentally mixed into rubber compound for standard production, which… Continue reading Mazda: vehicle problems November 2019

Mazda: 2019/11/01

Mazda Motor Corporation has announced the following personnel changes, effective Nov. 1, 2019. General Manager and above New Post Current Post Name Staff ManagerChina Business Div. Chief ManagerASEAN Business Office Minoru Fujihashi Chief ManagerASEAN Business Office Staff ManagerMarket Operations Dept. No.2 Nobuaki Sato General ManagerEnvironmental & SafetyEngineering Dept. ManagerEnvironmental & SafetyEngineering Dept. Mitsuhide Kikkawa Program… Continue reading Mazda: 2019/11/01

Mazda reports steady half year European sales

Mazda Motor Corporation today announced its first half financial and sales results, reporting global sales of 731,000 vehicles during the period 1 April to 30 September 2019. The European region grew 2% during the six-month period, selling 121,000 units*. Germany, Mazda’s biggest market in Europe, contributed 34,000 units to this result (+3%), while sales in… Continue reading Mazda reports steady half year European sales

Mazda informa resultados de las ventas en octubre

IRVINE, California, 1 de noviembre de 2019 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) informó hoy un total de ventas en octubre de 19,520 vehículos, un incremento de 4.5 por ciento en comparación con octubre de 2018. Las ventas en el año corrido hasta octubre tuvieron una disminución de 10.3 por ciento, con 227,687 vehículos… Continue reading Mazda informa resultados de las ventas en octubre

Mazda braces for 30% FY profit drop on falling car sales in US, China: Nikkei

Mazda Motor Corp is facing a drop in annual profit of about 30 per cent as the Japanese automaker struggles with falling sales in the United States and China, its biggest markets, the Nikkei newspaper reported on Friday.The updated forecast would be almost half the automaker’s previous profit forecast of 110 billion yen.Demand for Mazda vehicles including the Mazda3 sedan and the CX-5 SUV crossover has slumped since the company posted record annual sales of about 1.6 million vehicles in the 2018 financial year.

UPDATE 2-Mazda sees 30% FY profit drop on strong yen, weak sales in U.S., China

TOKYO (Reuters) – Mazda Motor Corp (7261.T) cut its annual profit forecast by nearly half on Friday as the Japanese automaker expects a strong yen and falling cars sales in the United States and China, its biggest markets, to drive earnings to a seven-year low. FILE PHOTO: The logo of Mazda Motor Corp. is displayed… Continue reading UPDATE 2-Mazda sees 30% FY profit drop on strong yen, weak sales in U.S., China

Mazda Production and Sales Results for September 2019 and for April through September 2019

TOKYO, Oct 30, 2019 – (JCN Newswire) – Mazda Motor Corporation’s production and sales results for September 2019 and for April through September 2019 are summarized below. I. Production 1. Domestic Production (1) September 2019Mazda’s domestic production volume in September 2019 increased 5.3% year on year due to increased production of passenger vehicles. [Domestic production… Continue reading Mazda Production and Sales Results for September 2019 and for April through September 2019