Japan: Mazda cuts FY2012 forecasts, predicts losses

Mazda has reported details of its financial performance in the quarter ended 30 September 2011, showing improvements from the dismal Q1 FY2012 performance, but ongoing weakness reflecting market conditions and the impact of the appreciating yen. The company has revised its group forecasts downwards for FY2012 from those presented in mid-June Subscribe to Automotive World … Continued

• By Webmaster
• November 2, 2011