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Mazda profit up on solid vehicle sales growth
Mazda profit up on solid vehicle sales growth
The Post
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01/08/2008 07:42. TOKYO: Fiscal first quarter profit at Mazda, the Japanese automaker affiliated with Ford, surged to 14.98 billion yen (US$140 million) _ more than sixfold net earnings a year ago _ on robust vehicle sales in China and Europe.

Hiroshima-based Mazda Motor Corp. said Thursday that it sold 358,000 vehicles worldwide during the April-June period, up nearly 11 percent from the same period the previous year. Models such as the Mazda2 and Mazda3 compacts were popular.

But an unfavorable exchange rate fluctuation, with the dollar plunging against the yen from the previous year, eroded Mazda's revenue sales. Quarterly sales slid 5 percent to 771.8 billion yen (US$7.2... // The Post

Total: 26 news articles, 1 photos
First News Article: PR-Inside.com (Pressemitteilung), 31/07/2008 18:21


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