Business / Corporate | FOCUS Aug 5, 2017
Global shift to EVs fuels Toyota-Mazda tie-up
Fear of falling behind as electric vehicles become more popular was apparently the impetus behind Toyota Motor Corp.’s capital tie-up with Mazda Motor Corp.
Business May 19, 2017
Toyota, Subaru, Mazda, BMW agree to pay $553 million to settle suit over Takata air bags
Toyota, Subaru, Mazda and BMW have reached a proposed settlement that would compensate the owners of 15.8 million vehicles for money they lost due to the massive recall of Takata air bags. In documents filed Thursday with a federal court in Miami, the automakers agreed ...
Business Mar 30, 2017
February domestic vehicle output marks strongest increase in three years
The nation's carmakers in February logged their largest domestic output in nearly three years, it was learned Wednesday. According to data from the automakers, the combined domestic output by eight major makers rose 12.5 percent from a year earlier to 810,994 vehicles in the reporting ...
Business Nov 17, 2016
Mazda eyes launch of electric vehicle in U.S. market in 2019
Mazda Motor Corp. plans to launch an electric vehicle in the United States in 2019 as part of its efforts to meet stricter emission standards there, President Masamichi Kogai said. Kogai also revealed in a recent interview that his Hiroshima-based company is considering jointly developing ...
National / Crime & Legal Sep 24, 2016
Mazda employee kills and robs coworker at company dorm, returns to work
A 20-year-old Mazda Motor Corp. worker was arrested Saturday for allegedly killing a colleague at a company dormitory in Hiroshima and robbing him of cash, police said. Suguru Kamikawa is suspected of beating Kyohei Sugano, 19, to death with a fire extinguisher in an emergency ...
Business Aug 16, 2016
Japan automakers risk losing hold in massive Iranian market
by Yoichi Kosukegawa
Workers are busy fitting doors, hoods and other parts onto bodies as they assemble Mazda cars at a Bahman Group plant in an industrial zone in the western suburbs of Tehran. The Bahman Group has been assembling the Mazda 3, known as the Axela in ...
Business / Corporate Jul 6, 2016
Mazda recalls cars in China after regulator action on Takata air bags
Mazda Motor Corp.'s Chinese joint venture will recall 74,310 of its Mazda2 sedans in China to replace Takata Corp. air bags after an investigation by the country's safety regulator. China's General Administration of Quality Supervision, Inspection and Quarantine said Mazda will contact affected vehicle owners ...
Business / Corporate Apr 27, 2016
Mazda's net profit falls 15% in FY 2015 on air bag recall costs
Mazda Motor Corp. said Wednesday its group net profit for the business year ended March 31 fell 15.4 percent from the previous year to ¥134.42 billion ($1.2 billion), with costs of a global recall linked to air bags made by Takata Corp. weighing on ...
Business / Corporate Mar 25, 2016
Mazda MX-5 wins 2016 World Car of the Year award
Mazda Motor Corp.’s MX-5 roadster, better known as the Miata overseas, won the 2016 World Car of the Year and World Car Design of the Year awards at the New York International Auto Show on Thursday, the World Car Steering Committee said. The sporty two-seat, ...
Business / Corporate Mar 2, 2016
Japanese automakers set sales records in U.S.
An energetic market for sports utility vehicles and pickups drove record sales in the U.S. for Toyota Motor Corp. and Nissan Motor Co. in February, while Honda Motor Co. notched up double-digit percentage growth in passenger car sales, data showed Tuesday. Drawn by low gas ...
Business / Corporate Feb 19, 2016
Mazda, MMC expand Takata-linked recalls by 2 million vehicles
Mazda Motor Corp. and Mitsubishi Motors Corp. added more than 2 million vehicles to worldwide recalls linked to Takata Corp. air bags in response to the latest confirmed death caused by rupturing safety devices. Mazda is calling back 1.89 million vehicles globally, a spokesman said. ...
Business / Corporate Nov 14, 2015
Mazda, Ford end capital tie-up after 36 years
Mazda Motor Corp. and Ford Motor Co. have dissolved their 36-year capital alliance but will continue to cooperate in production of some vehicles, sources close to the matter said Saturday. Ford sold the remainder of its stake, 2.1 percent, in the Japanese carmaker between April ...