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Mazda Motor Corp (7261.T)

7261.T on Tokyo Stock Exchange

27 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Mazda Motor's qtrly group operating profit likely dropped 6 pct to around 50 bln yen - Nikkei
Friday, 22 Jul 2016 01:40pm EDT 

Nikkei: Mazda Motor's group operating profit likely dropped 6 pct to around 50 billion yen ($471 million) in the three months ended June - Nikkei .Mazda Motor Corp will probably also maintain its full-year projection of operating profit declining 25 pct to 170 billion yen - Nikkei.  Full Article

Mazda recalls around 430,000 vehicles in Japan including Demio
Thursday, 30 Jun 2016 01:42am EDT 

Mazda Motor Corp <7261.T>:recalls around 430,000 vehicles in Japan including Demio, issues 2 other recalls for Bongo, RX-8, other models - transport ministry.  Full Article

R&I affirms Mazda Motor's rating at "BBB+" and says stable outlook
Monday, 27 Jun 2016 02:18am EDT 

Mazda Motor Corp <7261.T>: Says Rating and Investment Information, Inc. (R&I) affirmed the company's issuer rating at "BBB+" .Says rating outlook stable.  Full Article

Mazda Motor aims to boost global suv output and sales in fiscal 2018 to 800,000 units - Nikkei
Monday, 20 Jun 2016 02:22pm EDT 

Nikkei: Mazda Motor aims to boost global suv output and sales in fiscal 2018 to 800,000 units, or 50% more than in fiscal 2015 - Nikkei . Mazda Motor intends to broaden its suv lineup and tool more of its factories for mixed model production - Nikkei . 800,000 suvs Mazda plans to make in fiscal 2018 will account for 50% of its total planned global production of 1.65 million cars that year - Nikkei . Mazda plans a full model change for the CX-5 next february, and will debut a new suv model with three rows of seats in fiscal 2017 - Nikkei .During latter half of 2016, some production of mazda's Cx-3 subcompact crossover suv will be shifted from main plant in Hiroshima to a plant in Hofu - Nikkei.  Full Article

Mazda North American Operations reports May U.S. sales of 28,328 vehicles, down 4.3 pct
Wednesday, 1 Jun 2016 10:10am EDT 

Mazda North American Operations:Mazda North American Operations reported May 2016 U.S. sales of 28,328 vehicles, representing a decrease of 4.3 percent versus last year.  Full Article

Mazda Motor expects extraordinary loss for FY 2016
Wednesday, 27 Apr 2016 02:00am EDT 

Mazda Motor Corp:Expects an extraordinary loss of 40,708 mln yen for FY ended March 2016.Says the loss is recorded for quality related cost.  Full Article

Mazda Motor Corp - Suzuki recalls 1.6 mln cars in Japan over air conditioning part - Reuters
Wednesday, 2 Mar 2016 10:11am EST 

Mazda Motor Corp:Suzuki Motor recalls around 1.6 million vehicles in Japan - Transport Ministry - RTRS.Suzuki recalling a total of 1.3 million Suzuki brand vehicles in Japan, other produced for Nissan, Mazda.Suzuki Motor recalling Palette, Wagon-R, other models for issues over air conditioning compressor part.  Full Article

Mazda Motor Corp recalling 317,050 CX-5 vehicles for potential fuel leak - Reuters
Friday, 19 Feb 2016 05:08am EST 

Mazda Motor Corp:Mazda Motor Corp said on Friday it is recalling 317,050 CX-5 utility vehicles that may leak fuel if they are involved in a crash - RTRS.Almost all of those models were sold in North America. There have been no injuries, fires or deaths related to this issue in the vehicles to be recalled, which are from model years 2014 to 2016, Mazda said.Mazda owners are asked to bring in their CX-5 to dealers, who will fix the issue for no charge, the company said. The recall is expected to begin on March 1.Early this month, Mazda issued a stop-sales order for CX-5 models on dealer lots for the same issue.About 266,000 of the recalled vehicles are in the U.S. market, along with about 48,400 in Canada, 2,100 in Puerto Rico and some in Guam and Saipan, Mazda said.The affected vehicles have a fuel filler pipe that may rupture if the CX-5 is in a crash, which may result in a fuel leak, increasing the chance of fire. The issue was discovered in testing, U.S. safety regulators and Mazda said.  Full Article

Mazda Motor Corp recalls 1.9 mln vehicles in Japan, overseas over Takata airbags - Reuters
Thursday, 18 Feb 2016 10:59am EST 

Mazda Motor Corp:Mazda Motor Corp on Friday said it had recalled a total of around 1.9 million vehicles in Japan and abroad over airbags manufactured by Takata Corp, expanding a global recall of potentially faulty airbag inflators - RTRS.The Japanese automaker said it has recalled around 200,000 vehicles in Japan, including the Bongo van, Titan commercial truck and the Atenza sedan produced between 2006 and 2014.Mazda is also recalling an additional 176,000 vehicles produced in Japan for export, and 1.5 million vehicles produced overseas.  Full Article

Mazda Motor Corp - Continental AG says 5 mln vehicles worldwide may have faulty air bags - Reuters
Thursday, 4 Feb 2016 04:54pm EST 

Mazda Motor Corp:Continental Automotive Systems said on Thursday it supplied potentially defective air bag control units to 5 mln vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers built over a five-year period worldwide, widening an air bag safety crisis - RTRS.Continental Automotive, a unit of Continental AG, told the U.S. National Highway Traffic Safety Administration that electronic systems built from 2006 through 2010 and used in 5 mln vehicles may fail and air bags may not deploy in a crash or may inadvertently deploy without warning. - RTRS.Continental spokeswoman Mary Arraf said the recall involved between 1.5 mln and 2 mln vehicles in the United States.Honda Motor Co said it is recalling 341,000 Accord models from 2008-2010 to replace control units linked to failures in Continental systems. At least two injuries are attributed to the defect. - RTRS.Fiat Chrysler said it is recalling 112,000 U.S. vehicles for the same issue, including the 2009 Dodge Journey, 2008-2009 Dodge Grand Caravan and Chrysler Town and Country and 2009 Volkswagen Routan that it had assembled for the German automaker. - RTRS.Mazda was aware of Continental's recall and investigating and VW did not know how many Chrysler-built Routan minivans are involved, according to company spokespeople - RTRS.  Full Article

BRIEF-Mazda Motor's qtrly group operating profit likely dropped 6 pct to around 50 bln yen - Nikkei

* Mazda Motor's group operating profit likely dropped 6 pct to around 50 billion yen ($471 million) in the three months ended June - Nikkei