Mazda seeks ¥300 billion in loans from domestic banks amid pandemic

Business May 10, 2020

Mazda seeks ¥300 billion in loans from domestic banks amid pandemic

Mazda Motor Corp. has asked for ¥300 billion ($2.8 billion) in loans from Japan's three mega-banks and other lenders, company sources said Saturday, as the coronavirus pandemic has damaged the automaker's sales and clouded the outlook for the auto industry. The virus outbreak has dragged ...