Mazda says fire damage Y2.7 bln but mostly insured


TOKYO, Dec 24 (Reuters) - Japanese auto maker Mazda Motor Corp. said on Friday it estimates the total damage from a fire at a domestic car assembly plant last week at about 2.7 billion yen ($26.06 million).

A spokesman said much of that sum will likely be covered by insurance.

He said the impact on Mazda's earnings was as yet unknown.

Business newspaper the Nihon Keizai reported on Friday that Mazda would be unable to resume full operations at the plant, the Ujina No.1 plant in Hiroshima, western Japan, until next spring.

The paper said Mazda, one-third owned by Ford Motor Co. , was expected to produce 10,000 vehicles less than its planned domestic output of 67,000 in January as a result of the stoppage.

The plant caught fire on Wednesday last week and has been idle since then.

Mazda said on Wednesday that operations at the plant would be partially resumed on Jan. 6.



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