Mazda to report jump in operating profit - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
Mazda Forum This area is for discussion of Mazda vehicles

LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 10-17-03, 08:19 AM Thread Starter
Registered User
Stacy94PGT's Avatar
Join Date: Feb 2001
Location: The Hills of North Georgia,USA
Posts: 7,859
Mazda to report jump in operating profit

Automotive News
Reuters / October 17, 2003

TOKYO -- Mazda Motor Corp., the smallest of Japan's top five automakers, will likely report a 70 percent jump in first-half operating profit year-on-year thanks to brisk sales in Europe, the Nihon Keizai newspaper said on Friday.

Mazda, owned one-third by Ford Motor Co., is expected to report about 25 billion yen ($227.6 million) in operating profit for the six months to September, on revenues of 1.22 billion yen, up 5 percent, the paper said.

A Mazda spokesman declined to comment on the report.

European sales appear to have risen 33 percent, the paper said, aided by strong sales of Mazda6/Atenza, a product developed under an entirely new product and design strategy to put the company on a firm recovery track.

Domestic sales seem to have increased 6 percent, although U.S. sales were down 10 percent, the paper said.

Mazda, in the midst of a five-year turnaround plan, said in July revenues rose 10 percent in the April-June quarter, citing strong sales in Europe.

The company is due to reveal its half-year business results on Nov. 6.

My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.

My next Ford.....
Stacy94PGT is offline  
Sponsored Links

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Ford Cars and PAG Vehicles > Mazda Forum
Gear in this thread - Powered by O'Reilly Auto Parts

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mazda annual operating profit rises 77.4% RPO83 Mazda Forum 0 05-12-03 08:10 AM
Mazda bets rotary sports car will raise image and profit Stacy94PGT Mazda Forum 2 04-10-03 10:39 AM
Mazda lifts H1, full-year net profit forecasts Stacy94PGT Mazda Forum 0 10-31-02 09:12 AM
Mazda To Strengthen Domestic Dealer Network RPO83 Mazda Forum 0 10-31-02 04:30 AM
Mazda banking on use of Ford platforms to help ensure profits Stacy94PGT Mazda Forum 0 05-29-02 09:37 AM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome