The weak yen and prolonged cost-cutting efforts are contributing to Mazda Motor Corp.’s forecasted profit rebound. The Japanese auto maker reportedly has raised its group net profit outlook an astounding 554% to ¥8.5 billion ($65 million) for the fiscal year that ended March 31. Operating profits are forecast to reach ¥28 billion ($214 million), from ¥17 billion ($130 million) a year ago. Such results would mark the most pronounced year-on-year turnaround in Mazda’s history. Chief ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.