Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.
I have a positive opinion of the organizational changes that Mazda Motor plans to make in April 2024. Mazda Motor's North American sales metrics in 2024 year-to-date are pretty strong, which bodes well for the company's overall growth prospects. I upgrade my rating for Mazda Motor to a Buy, following an evaluation of its latest sales numbers for North America and its proposed organizational cha...
Columbus, OH, March 04, 2024 (GLOBE NEWSWIRE) -- Tim Wild, Director at the Tim Lamb Group, the largest auto dealership sales, and acquisitions firm in North America, has brokered the sale of Foothills Lincoln Mazda owned by Rick Rielly and Ray Kish to Eve Knudtsen President and Owner of Knudtsen Chevrolet. The deal, facilitated by Wild closed on February 15, 2024.
Mazda's financial development has been modest, driven by design philosophy, quality innovation, and technology, but its lack of scale and brand value limits market share gains against the leading players. Mazda's shift toward EVs has been slow and now will likely rely on Toyota for support to accomplish this successfully. Mazda's share price has underperformed due to mild financial performance,...
Japan's Mazda Motor needs to overhaul its strategy in China where it is fighting to keep up with "severe" competition from domestic players, the automaker's chief executive said on Friday, as the country's electric vehicle market grows.
The strong jobs data in the US spells somewhat of a doom for the Yen, at least for now, as rates are going to have to continue to come up. While this could eventually be an issue for the leverage-driven automotive space, Mazda will likely benefit in a fundamental way. Pent-up demand continues, and the only really weak area is China. The depreciated Yen keeps vertically integrated production in ...
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