Mazda Motor Corp

Mazda Motor Corp forecast on Friday a record annual operating loss as the Japanese automaker continues to be pummelled by falling vehicle sales due to the coronavirus pandemic.

Mazda Motor Corp <7261.T> said annual profit slid to an eight-year low and that the coronavirus pandemic had resulted in a large build-up in its U.S. car inventories, hobbling efforts to improve its cash flow.

Mazda Motor Corp on Thursday posted a 47% decline in annual operating profit in the year ended March 31, its weakest performance in eight years as the coronavirus pandemic ate into global vehicle demand.

Mazda Motor Corp <7261.T> has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.

In the Chinese coastal province of Jiangsu, where supply chains have been shattered by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp 13,000 kilometres away to central Mexico's Guanajuato State.

In the Chinese coastal province of Jiangsu, where supply chains have been shattered by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp 13,000 kilometres away to central Mexico's Guanajuato State.

Mazda Motor Corp <7261.T> cut its annual profit forecast by nearly half on Friday as the Japanese automaker expects a strong yen and falling cars sales in the United States and China, its biggest markets, to drive earnings to a seven-year low.

Mazda Motor Corp is facing a drop in annual profit of about 30% as the Japanese automaker struggles with falling sales in the United States and China, its biggest markets, the Nikkei newspaper reported on Friday.

Australia's consumer regulator on Thursday said it has filed a lawsuit against the local unit of Japanese automaker Mazda Motor Corp for allegedly misleading consumers.

Australia's consumer regulator on Thursday said it has filed a lawsuit against the local unit of Japanese automaker Mazda Motor Corp for allegedly misleading consumers.

A street sweeper in Thailand has become an internet sensation after a picture of her carrying her dog on her back while sweeping the streets of the Thai capital went viral.

Mazda Motor Corp <7261.T> reported a 79% drop in quarterly operating profit, falling significantly short of estimates, as it continues to struggle with declining U.S. and Chinese sales, while a strengthening yen also cut into its bottom line.

Mazda Motor Corp posted a 79% drop in first-quarter operating profit on Thursday as it continues to struggle with falling sales in the United States and China, while a strengthening yen also cut into its bottom line.

Mazda Motor Corp saw a drop of around 70% in its first-quarter operating profit, as the Japanese automaker continues to struggle in the United States, its biggest market, the Nikkei business daily reported on Wednesday.

Russia's standards agency said on Friday it had been informed about the recall of 62,357 Mazda <7261.T> cars sold between May 2006 and November 2014.

Mazda Motor Corp will continue focusing on driving performance over fuel economy, its chief executive said, even as the Japanese automaker follows bigger rivals in bringing more electric vehicles (EVs) to the market over the coming decade.

Mazda Motor Corp <7261.T> on Thursday said it planned to recall around 640,000 vehicles globally to fix issues including a problem with the valve springs used in its diesel engines.

* Full-year profit outlook slash, now sees profit halving (Adds graphic, flood impact details)

Mazda Motor Corp on Wednesday reported an operating loss in the second quarter due to costs related to compliance with environmental regulations and recalls, while the Japanese automaker also grapples with lower global sales and a cut to production after key plants at home...