Mazda says its plants are now running at pre-quake levels

Article by Christian A., on June 27, 2011

The assembly factories of Mazda Motor Corp. in Japan are now running on pre-quake production levels, the company has disclosed. In April, the company revealed that it could take until the end of the year to normalize production.

Vehicle manufacturers and suppliers in Japan were hit hard by the March 11 disaster in Japan that disrupted the supply chain in the country and paralyzed assembly plants worldwide.

Due to its location relative to the center of the March earthquake, Mazda was not as badly affected because it was based in the western city of Hiroshima.

The company's two facilities in Japan have been operating steadily since April 13, but at a limited production. The company disclosed that it forecasts a domestic production volume of 900,000 units, which is an increase from the 866,992 units in the previous fiscal year ended in March.

The company also expects international car sales of 1,305,000 million units, which is a slight increase from last year. Mazda forecasted a sales revenue of 2.19 trillion yen through March 2012 as well as an operating profit of 20 billion yen ($247 million), which is a 16 percent drop from its last fiscal year due to disruptions to the supply chain as well as the strengthening of the value of yen. Mazda foresees a net profit of 1 billion yen, swinging from last years' loss of 60 billion yen.

Topics: mazda

If you liked the article, share on:

Comments

Recommended

A lot of news has been going around about the 2018 Dodge Challenger SRT Demon lately, and people are arguing whether the 840 horsepower vehicle by Fiat Chrysler should be...
by - April 26, 2017
Ford Motor Company revealed that the Mustang is the world’s best-selling sports car for 2016. This is in addition to being the best-selling sports car in the U.S. for five...
by - April 26, 2017
Bad news for BMW, their new flagship sedan, the 2017 BMW M760Li xDrive is already being recalled not so long after its release. Why so soon, you ask? Well, an...
by - April 26, 2017
This one takes the cake for the ultimate customer service. A centenarian treats himself for hitting the 100 year mark by purchasing a £100k Lexus. Upon hearing of the purchase,...
by - April 26, 2017
Is there anything more exciting than a spoiler? Well, for those who didn't know, there are those who have already seen the Mercedes-AMG Project One (in the flesh) way before...
by - April 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries