Friday May 25, 2012

JAPAN NEWS AND DISCUSSION

Mazda to raise Y170 bil to shore up finances

Business Feb. 22, 2012 - 06:40AM JST ( 4 )

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

2

JeffLeeFeb. 22, 2012 - 07:13AM JST

Can't understand why Mazda is doing so poorly. It's had a string of hit models over the years, with great reviews, the Mazda3 a case in point.
1

ExportExpertFeb. 22, 2012 - 09:53AM JST

80% of what mazda makes is built in japan while toyota and nissan only produce 40 or 50% of their product here, so when mazda exports its final product it is losing money. They want to set up more factories in places like europe mexico south east asia etc to become profitable.
-3

herefornowFeb. 22, 2012 - 12:59PM JST

The report comes weeks after Mazda Motor said it expects to lose 100 billion yen in the year to March, a fourth straight annual loss.

Funny, Mazda was consistently profitable and didn't need to raise over JPY 100 billion when Ford had a stake and was basically running the show.
0

WakarimasenFeb. 22, 2012 - 10:37PM JST

Agree they make some really good cars but clearly the financial side of their business not so well run