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.
Tag: Mazda
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
Decision by GM, FCA to side with Trump in mpg fight draws fire
Washington — Democrats in the U.S. House of Representatives railed against General Motors Co. and Fiat Chrysler Automobiles NV on Tuesday for siding with the Trump administration in a legal fight with California over gas mileage rules for the nation’s auto industry. And in testimony before a House panel Tuesday, former California Gov. Jerry Brown singled out GM,… Continue reading Decision by GM, FCA to side with Trump in mpg fight draws fire
Mazda Launches Updated CX-8 in Japan
HIROSHIMA, Japan, Oct 23, 2019 – (JCN Newswire) – Mazda Motor Corporation starts taking orders today for an updated Mazda CX-8 at Mazda dealerships throughout Japan. Sales start on Nov. 28, 2019.(1) MAZDA CX-8 XD L Package (Japanese specification) Mazda CX-8 is a three-row crossover SUV that comfortably accommodates six or seven adults. Offering a… Continue reading Mazda Launches Updated CX-8 in Japan
Mazda Unveils Mazda MX-30, First Mass-Production EV at Tokyo Motor Show
HIROSHIMA, Japan, Oct 23, 2019 – (JCN Newswire) – Mazda Motor Corporation has unveiled its first mass-production electric vehicle, named Mazda MX-30, at the 2019 Tokyo Motor Show.(1) MAZDA MX-30 (European specification) A new addition to Mazda’s car lineup, the MX-30 is the automaker’s third new-generation model. Aiming to offer an experience that lets customers… Continue reading Mazda Unveils Mazda MX-30, First Mass-Production EV at Tokyo Motor Show
Mazda MX-30 – An electric car for the environment…. and the driver
Mazda’s first production electric car, the Mazda MX-30, available now for pre-order following its premiere at the Tokyo Motor Show, has been developed for customers who don’t want to sacrifice driving pleasure when they buy an electric car. With its unique freestyle doors, ecological materials and right-sized battery giving a range of approximately 200km1, exceeding… Continue reading Mazda MX-30 – An electric car for the environment…. and the driver
Styling our new EV was a process of staying grounded in the beautifully honed, handcrafted forms of previous Mazda designs
The debut of the all-new Mazda3 marked the beginning of a new phase of Kodo—Soul of Motion design. Under the Car-as-Art ethos, Mazda designers are striving to expand Kodo’s expressive range and enhance the artistic value of car design. Styling our new EV was a process of staying grounded in the beautifully honed, handcrafted forms… Continue reading Styling our new EV was a process of staying grounded in the beautifully honed, handcrafted forms of previous Mazda designs
Mazda Publishes Mazda Sustainability Report 2019 and Annual Report 2019
HIROSHIMA, Japan, Oct 15, 2019 – (JCN Newswire) – Mazda Motor Corporation published the Mazda Sustainability Report 2019(1) in Japanese and Annual Report 2019(2) in English and Japanese on the company’s website. The English version of the Sustainability Report will be published in November. Highlights of the Sustainability Report 2019 Top Message– Discusses the progress… Continue reading Mazda Publishes Mazda Sustainability Report 2019 and Annual Report 2019
Interior Design: “Enveloped in Openness”
The new battery EV (that Mazda will premiere at the 2019 Tokyo Motor Show) has been designed to give occupants a feeling of being “enveloped in openness”. The goal was to make spending time in the car a comforting experience that allows customers to be themselves. The spatial configuration evokes a sense of openness through… Continue reading Interior Design: “Enveloped in Openness”