Mazda Motor on Thursday reported a third-quarter loss of almost US$1 billion (S$1.3 billion), as the strength of the yen dented its export-dependent production. -- PHOTO: MAZDATOKYO (AFP) - Japan's Mazda Motor on Thursday reported a third-quarter loss of almost US$1 billion (S$1.3 billion), as the strength of the yen dented its export-dependent production.Mazda, Japan's fifth-largest car maker by volume,...
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Japan's Mazda Motor said on Wednesday it planned to raise US$2.9 billion (S$3.6 billion) to boost its presence in emerging economies as it takes a double hit from the strong yen and falling demand in key developed markets. -- PHOTO: AFPTOKYO (AFP) - Japan's Mazda Motor said on Wednesday it planned to raise US$2.9 billion (S$3.6 billion) to boost its presence in emerging economies as it takes a double...
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Japan's Mazda Motor plans to raise US$2.1 billion (S$2.6 billion) to shore up its finances and invest in a new plant in Mexico, financial sources said on Tuesday - a bigger-than-expected fund raising that sent its shares tumbling 13 per cent. -- PHOTO: MAZDATOKYO (REUTERS) - Japan's Mazda Motor plans to raise US$2.1 billion (S$2.6 billion) to shore up its finances and invest in a new plant in Mexico,...
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Japan's Mazda Motor Corp plans to raise 170 billion yen ($2.1 billion) in funds through a public share offering and subordinated loans, two financial sources with knowledge of the matter said.Mazda plans to raise 100 billion yen in an offering of shares and 70 billion yen via subordinated loans, the sources said on...
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Amongst the car manufacturers, Mazda is one of the most distinguished names. Mazda cars are world popular, which is quite evident from the statistics which reveals that 800,000 units of Mazda vehicles are being sold out in the market every year. This proves Mazda's reliability as an auto maker. Mazda cars have such amazing and exciting concepts, powerful engines, highly durable auto parts such as Mazda...
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visitTOKYO—Mazda Motor Corp. on Monday set the fixed offering price for a planned $1.76 billion new share issuance aimed at raising funds to help the unprofitable auto manufacturer regain competitiveness.Mazda fixed the price at ¥124 ($1.52) per share, representing a 3.13% discount on its ¥128 closing price on Monday. The offering price will enable the car maker to raiseTOKYO—Mazda Motor Corp. on Monday...
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Mazda, the Japanese car giant, announced on February 6 that it swung back to a profit in the nine months to December 2012 as it boosted its full-year earnings forecast.Mazda reached a net profit of $276 million for the April-December period, reversing its net loss of $1.2 billion in 2011. Sales rose 8.5 per cent for a value of $16.6 billion.It credited the results to a bounce in sales and cost-cutting...
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Fiat Group Automobiles S.p.A. (Fiat) and Mazda Motor Corporation (Mazda) have signed a non-binding Memorandum of Understanding (MoU) for the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation MX-5 rear-wheel-drive architecture. The study calls for both Fiat and Mazda to develop two differentiated, distinctly styled, iconic and bran...
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Mazda will unveil its Takeri concept car for the first time in Europe at next month’s Geneva International Motor Show. Mazda Takeri is a next-generation mid-sized saloon featuring Mazda’s new and unique i-ELOOP regenerative braking technology. It will be joined on-stage by the all-new Mazda CX-5 compact crossover SUV – equipped with the full range of Mazda’s breakthrough SKYACTIV technology – the MX-5...
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alliance will work on a car for Fiat's Alfa Romeo brand and a roadster with a different engine and styling for Mazda.The cars will be built at Mazda's plant in Hiroshima. Both will be based on a new version of Mazda's MX 5 - the car that Mazda is best known for.Mazda is looking to cut costs after losing $1.3bn in its most recent financial year."Establishing technology and product development alliances...
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