View Full Version : Mazda First Half Profit up 18%


zoom44
11-02-2006, 01:16 PM
http://www.todayonline.com/articles/152281.asp

Mazda Motor Corp said its first-half operating profits jumped 43 percent on rising sales in Europe and the United States, and revised up its forecasts for the full year.
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Japan's fifth-largest automaker said operating profit reached 69.76 billion yen (591 million dollars) in the six months to September on revenue which rose 12.5 percent to 1.52 trillion yen.
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Net profit fell 12.5 percent to 27.21 billion yen compared with the year earlier period when the automaker had enjoyed large one-off gains related to pensions.
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Excluding such one-time effects, net profit rose 18 percent, said Mazda,

the article goes on to mention pooere than expected sales in China. However it fails to mention the suspension of production for months in China earlier this year due to some suspicious maneuverings by the Chinese government. The plant which produces MAzda3s is operating again now. Strangely enough one chinese company affiliated with mazdas chinese production has announced it will be building its own cars as well- which look suspiciously like mazda6s and mazda3s

playdoh43
11-02-2006, 01:22 PM
wow thats very impressive, 18% is huge

Clavius
11-02-2006, 01:24 PM
Strangely enough one chinese company affiliated with mazdas chinese production has announced it will be building its own cars as well- which look suspiciously like mazda6s and mazda3s

Yeah gotta luv China's government and how they turn a blind eye to copyright infringement. I believe GM is taking a Automaker to court for blatantly ripping off one of their designs.

Nice to see that Mazda is profiting maybe Ford can take a clue from them?!

SlayerRX8
11-02-2006, 01:24 PM
Strangely enough one chinese company affiliated with mazdas chinese production has announced it will be building its own cars as well- which look suspiciously like mazda6s and mazda3s

That keeps in line with all the fake merchandise there. Every store I visited while in China had fake items...very few authentic items.

Razz1
11-02-2006, 01:33 PM
Yeah gotta luv China's government and how they turn a blind eye to copyright infringement. I believe GM is taking a Automaker to court for blatantly ripping off one of their designs.

Nice to see that Mazda is profiting maybe Ford can take a clue from them?!


How about the new Chinese car "Chervy"?

No I'm not kidding. They want to call the car by that name, so GM attorney's are working on that one real quick.

ASH8
11-02-2006, 03:12 PM
Half Yearly (6 month period) Units Sold .....

Europe.....151,000 Up 10%
USA .........142,000 Up 3%
Japan........131,000 Down 7%
China.........62,000 Down 8%
Other.........74,000

Total ........560,000 Up 1%

ASH8
11-02-2006, 03:14 PM
Other being...

Australia
New Zealand
Africa...South Africa
Hong Kong
Singapore
Taiwan

ASH8
11-02-2006, 03:15 PM
How about the new Chinese car "Chervy"?

No I'm not kidding. They want to call the car by that name, so GM attorney's are working on that one real quick.

Don't you mean CHERY...

zoom44
11-02-2006, 03:17 PM
and russia and saudi and bahrain:)

CarAndDriver
11-02-2006, 11:31 PM
and russia and saudi and bahrain:)
I was reading an article in the NYT and it mentioned that Mazda only had 1.6% of US auto market. However, profitability is better than high volume losses.

zoom44
11-03-2006, 09:47 AM
http://www.easier.com/view/News/Motoring/Mazda/article-79997.html

Mazda now has 3.3% o f the market in Scotland. on sales up 17% vs an industry avg of 4.2!! :)