Mazda to Launch New Mazdaspeed3 with 300+bhp in 2016
Aug 26 14
Mazda Motor Corporation announced to launch its new Mazdaspeed3 with 300+bhp in 2016. The sportier version of the new Mazda3 is likely to deliver more than 300bhp and is to be equipped with a turbocharged 2.5-litre Skyactiv engine that will also be found in the redesigned CX-9 crossover. The vehicle features a unique fascia, body kit and wheels, with all-wheel-drive as a likely option. The model is to arrive at United States dealerships in the second half of 2016.
Mazda Motor Corporation Launches Diesel-Electric Hybrid Model Within Three Years
Aug 15 14
Mazda Motor Corporation launches a diesel-electric hybrid model within three years. The report stated that the automaker will become the first Japanese car-maker to sell a diesel hybrid passenger car in Japan and Europe by fiscal 2016. It has not revealed which model the automaker's first diesel hybrid engine will be offered in, but claims that the diesel hybrid car can travel 40 kilometres per litre. The vehicle is equipped with a 2.0-litre, four-cylinder SKYACTIV petrol engine, coupled with an electric motor, continuously variable automatic transmission and power control system sourced from Toyota.
Mazda Motor Corporation Announces Consolidated Earnings and Production Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the First Half of Fiscal and Full Year Ending March 31, 2015; Provides Dividend Guidance for the Full Year Ending March 31, 2015
Aug 1 14
Mazda Motor Corporation announced consolidated earnings and production results for the first quarter ended June 30, 2014. The company reported that its net profit in the first quarter (April-June) of fiscal year 2014/15 surged nearly nine fold year on year to a record JPY 48.9 billion (USD 475 million), propelled mainly by strong sales overseas amid a weak yen, compared to JPY 5.45 billion a year ago. Operating profit also jumped, by 54.4% year on year to JPY 56.4 billion, mainly owing to improvements in volume and product mix as well as ongoing cost improvements through innovation, compared to JPY 36.5 billion a year ago. Sales climbed 14.6% year on year to JPY 705.6 billion as gains in North America, Europe, and China offset weaker sales in Japan, compared to JPY 615.851 billion a year ago. Ordinary income was JPY 54,574 million against JPY 8,396 million a year go. Net income per share was JPY 16.36 against JPY 1.83 per share a year ago. Net cash provided by operating activities for the first three months of the fiscal year ending March 31, 2015 was JPY 38.1 billion, reflecting income before income taxes of JPY 52.8 billion and others. (For the first three months of the previous fiscal year, net cash used in operating activities was JPY 7.1 billion.) Income before income taxes was JPY 52,807 million against JPY 8,154 million a year ago. Acquisition of tangible fixed assets was JPY 34,456 million against JPY 22,661 million a year ago. Acquisition of intangible fixed assets was JPY 2,459 million against JPY 1,428 million a year ago.
The company delivered about 319,000 vehicles worldwide during the quarter, up 6.2% year on year. In Japan, retail volumes declined 21.5% year on year to around 40,000 units, mainly owing to negative effects of the consumption tax hike in April. In North America, retail volumes rose 16.1% year on year to around 110,000 units. In Europe, volumes jumped 23.4% year on year to around 56,000 units, driven again by strong Mazda3 and CX-5 sales in Germany, Russia, and the United Kingdom. In China, volumes grew 17.5% year on year to around 44,000 units on strong sales of the locally manufactured CX-5. In other markets, retail volumes declined 4% year on year to around 69,000 units, mainly owing to a decline in
demand in Thailand, where political uncertainty continues.
The company has kept its earnings guidance for the full year of 2014/15 intact, continuing to expect JPY 160 billion in net profit (up 17.9% year on year), JPY 210 billion in operating profit (up 15.3% year on year), JPY 2.9 trillion in sales (up 7.7% year on year) and net income per share of JPY 267.64. Capital expenditures to be JPY 150,000 million. Income before income taxes to be JPY 200,000 million.
For the first half of fiscal 2015, the company net sales of JPY 1,390 billion, operating income of JPY 100 billion, ordinary income of JPY 98 billion and net income of JPY 75 billion or JPY 125.45 per diluted share compared to previously expected net sales of JPY 1,420 billion, operating income of JPY 100 billion, ordinary income of JPY 98 billion and net income of JPY 75 billion.
For the full year ending March 31, 2015, the company expects dividend of JPY 10.00 per share compared to JPY 1.00 per share paid in the same period a year ago.