Japan: Mazda reports Q3 losses; slices forecasts

Mazda has reported significant losses during the quarter ended 31 December 2011 (Q3 FY2012) and has sliced its previous forecasts for the full year, despite predicting a return to profitability at all levels during Q4. The reduced forecasts primarily reflect increased fiscal uncertainty in Europe and a decrease in retail Subscribe to Automotive World to … Continued

• By Webmaster
• February 2, 2012