Mazda Motor Corporation today reported its quarterly financial results. For the first quarter, Mazda’s worldwide revenue increased year-on-year by 9 percent to $6.3 billion. This is due to an improved model mix and weaker yen against other major currencies. Operating profit rose 30 percent year-on-year to $252 million, with ordinary profit also increasing by 12 percent to $204.3 million. Net income was $56.2 million. “Mazda’s mid-term business plan, Mazda Momentum continues on track. Our product-led growth is driving forward with the introduction of new vehicles, namely Mazda CX-7 and Mazda MX-5 with a Power Retractable Hard Top globally and the Mazda CX-9 in the North American market,” said CFO David E. Friedman.
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07/28, 8:47 AM
posted by:
ss
maybe mazda should be the corporate design department for the rest of Ford. they seems to be the only ones that know what they are doing.
07/28, 8:51 AM
posted by:
Renton
Mazda makes some interesting cars that are just a little different than the Honda/Toyota/Nissan cars in the same segments. They try to be more driver focused.
I drove a new CX-7 and it is a nice SUV, for the money it is very nice. It has a very sporty ride/handling mix.
I’m not surprised they are doing well.
07/28, 9:21 AM
posted by:
peter
And they’re doing well despite a fairly poor dealer network (in the US anyway), and what seems to be a modest advertising budjet.
Shows the power of product with actual personality. It won’t conquer the world in sales, but it can make for pretty solid business.
07/28, 9:24 AM
posted by:
Nick
I bought a Mazda3 last year and have loved it ever since. I really like Mazda’s designs and hope they keep up with the current crop of cars. I also like that they took a risk w/ the Mazda5 mini-minivan, when no other companies are offering anything similar. Good designs, not afraid to take a risk, sporty cars, I think Mazda found a customer for life in me!
07/28, 9:46 AM
posted by:
ss
i nearly bought a Mazda3 5dr but they couldnt find me one in White without a sunroof. i was really dissapointed, it was a really nice car. The Mazdaspeed 3 looks really hot.
07/28, 10:11 AM
posted by:
J
They don’t need to conquer the world, they know that they can turn a profit by focusing on making solid products without spending too much money.
07/28, 11:16 AM
posted by:
the Drain
…am a little disapointed with the RX-8 styling…to busy. A rotary powered Miata would be nice.
07/28, 11:17 AM
posted by:
A non E mussssss
The japcrap brand of Ford… yay. Not. I’d rather spend my money wisely on a Chevrolet or Pontiac in the comparable segments. Nothing special about Mazda and they are pretty unreliable next to the comparable GM offerings.
Not that the Auto magazines would ever tell you that
07/28, 12:24 PM
posted by:
Craig
Still waiting for the return of the RX-7
07/28, 2:49 PM
posted by:
carmaniac
A non E mussssss, if you look closely at the reliablity scores, the only models which are holding Mazda down are the B2200 truck (Ford Ranger), Tribute (Ford Escape), and the Mazda6 (built in the good ol’ USA…). And I’d rather buy a Mazda than whatever rebadged Daewoo car GM is offering…
07/28, 3:50 PM
posted by:
sjd
#11 That’s one of the best comments if not the best I’ve ever read on here. I agree 100%.
I also have a 2002 Mazda Protege5 that sees regular autox and track use in additon to the 166,000 kilometres that are on it from driving it every day and has never cost me anything other than regular maintenance (not counting the $ I’ve spent on modifications) since it’s been new. It’s been a great car and I will be replacing with a Mazdaspeed 3 in the spring.
07/28, 11:30 PM
posted by:
Anonymous
And Kudos to Mazda for the success that they are having
07/29, 4:37 AM
posted by:
sh.yoon
Ditto Craig – I want to see an RX-7!
07/29, 5:40 PM
posted by:
David Snitchnhinger
The third gen RX-7 is probably one of the best looking cars ever made, ever.
07/30, 11:34 AM
posted by:
eric
bring back the RX-7 and keep it under 35k please!!!