{"id":1119,"date":"2007-08-03T05:59:00","date_gmt":"2007-08-03T05:59:00","guid":{"rendered":"http:\/\/blogs.thesocialmedia.com\/petrol-head\/2007\/08\/03\/mazda-reports-6\/"},"modified":"2012-07-17T13:57:08","modified_gmt":"2012-07-17T13:57:08","slug":"mazda-reports-6","status":"publish","type":"post","link":"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2007\/08\/03\/mazda-reports-6\/","title":{"rendered":"Mazda reports 62 percent drop in profit"},"content":{"rendered":"

\"Mazda_logo\"<\/a>
Mazda has reported a 62 percent drop in profit in the second quarter of 2007, compared to the same period in 2006. The company reported a profit that has slipped to \u00a310.3m\/\u20ac15.3m\/$20.8m, down from \u00a327.4m\/\u20ac40.7m\/$55.6m. The drop in profits is due to foreign exchange rates and research investments.<\/p>\n

The gloomy Japanese car market and an expected new Demio\/2 model combine to bring about a 7 percent drop in Japan. The next quarter will be better thanks to the new Demio and the Japanese trend towards favouring smaller cars in recent years. Although the U.S. reported a 6 percent increase, the second part of the year may be more difficult due to the next Mazda 6, set to be launched at the next Frankfurt Motor Show but not sold before the end of the year.<\/p>\n

Mazda expects to report a record profit and plans to sell 4 percent more cars globally for this fiscal year ending in March 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mazda has reported a 62 percent drop in profit in the second quarter of 2007, compared to the same period in 2006. The company reported a profit that has slipped to \u00a310.3m\/\u20ac15.3m\/$20.8m, down from \u00a327.4m\/\u20ac40.7m\/$55.6m. The drop in profits is due to foreign exchange rates and research investments. The gloomy Japanese car market and an […]<\/p>\n","protected":false},"author":351,"featured_media":1902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-1119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mazda"],"yoast_head":"\nMazda reports 62 percent drop in profit - Petrol Head<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2007\/08\/03\/mazda-reports-6\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Mazda reports 62 percent drop in profit - Petrol Head\" \/>\n<meta name=\"twitter:description\" content=\"Mazda has reported a 62 percent drop in profit in the second quarter of 2007, compared to the same period in 2006. The company reported a profit that has slipped to \u00a310.3m\/\u20ac15.3m\/$20.8m, down from \u00a327.4m\/\u20ac40.7m\/$55.6m. The drop in profits is due to foreign exchange rates and research investments. 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