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Tag Archives: Mazda Motor Corporation
Mazda Releases Certification Results in Japanese Fraud Cases
Mazda Motor Corporation (MMC) in Hiroshima today said it investigated all of its 2403 tests (*1) for applications for Type Designation as requested by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT Notification No. 2018). “The investigation results confirmed irregularities in a total of five tests in two test categories, which was reported to the Ministry on 30 May. The irregularities identified this time encompass 150,878 units produced and 149,313 units sold. (*2),” Mazda said. Continue reading
Noto Aftershocks – Toyota Japanese Plants to Run on Monday
“In regard to Toyota Motor Corporation’s plant operation schedule for January 8 onward, after much consideration, we have made the decision to operate our vehicle plants in Japan. Many of our local suppliers and their affiliates were affected by the earthquake. Therefore, we will utilize parts in stock outside the affected areas, Toyota said. Continue reading
Mazda Posts Net Income of $7.2 Billion for First Half of Japanese Fiscal Year
“Through the introduction of our Large product CX-90, following the introduction of the CX-60, and ongoing strong performance of mainstay products such as the CX-5, global sales volume increased 20% from the prior year. Other contributing factors were an improvement in market mix with a 40% year-on-year increase in sales in North America, mainly in the high-profit US market,” said Masahiro Moro, President and CEO Mazda Motor Corporation. Continue reading
Posted in auto news, economy, financial results, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Masahiro Moro, Mazda Motor Corporation, Mazda results first half of the Japanese fiscal year April – September 2023
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Mazda Adding Renewable Solar Power to Japanese Plants
Japan’s Ministry of Economy, Trade and Industry (MITI) provides subsidies to cover a portion of the expense of installing solar power generation facilities in cases where consumers of electric power coordinated with an electric power producer to establish such facilities. “These subsidies are intended to promote such collaborations and encourage wider adoption of independent initiatives to establish renewable energy sources, contributing to a reliable, long-term, supply-demand balance in energy use during the period up until 2030, thereby supporting the achievement of ambitious targets for the reduction of greenhouse gas emissions.” Continue reading
Posted in energy, environment, fuel economy or emissions, global warming, manufacturing, milestones, mobility company, transportation
Tagged auto industry commentary, autoinformed.com, Choshu Industry, Hironaka Taketo, Ken Zino, Mazda Motor Corporation, Power Purchase Agreement, The Chugoku Electric Power, Toyo Seat
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Mazda “Sustainable Zoom-Zoom 2030.” We’re Not Kidding
Marketing babble alert> “Sustainable Zoom-Zoom 2030” is built from Mazda’s revised Medium-Term Management Plan and its desire to achieve carbon neutrality by 2050, both of which were announced in the past year. Continue reading
Mazda Increases Forecast for Fiscal Year Ending March 31
In a victory of sorts over COVID19, Mazda Motor Corporation today revised upwards its consolidated financial forecast for the Fiscal Year Ending 31 March 2021. Nevertheless Mazda is still losing money and is in a perilous, company-threatening position with huge soaring debt and ongoing breathtaking operating losses. Continue reading
Mazda and Panasonic Link on Cylindrical Lithium-Ion Batteries
Panasonic Energy Company and Mazda Motor Corporation today announced that they will prepare for the supply of next-generation cylindrical automotive lithium-ion batteries, in anticipation of their installation in Mazda’s battery electric vehicles with scheduled production from 2027 onward. In a release they said this follows their formerly concluded agreement and reflects their aim of establishing a medium- to long-term partnership.
Japan’s Ministry of Economy, Trade and Industry also approved today their joint project for the expansion of battery production and technology development as part of its plan for establishing a stable supply of batteries. The Japanese government has positioned storage batteries as a strategic asset for achieving carbon neutrality by 2050, and is working to expand the domestic battery supply chains and improve industrial competitiveness. Continue reading →