Mazda keeps producing some of the coolest, affordable cars on the market and in the last nine months sales have almost doubled in the US. But that's still not enough to offset a weak dollar and high material costs. Mazda says those factors coupled with the need for some reorganization have actually led to a loss over the past year ending March 31, 2004. I don't know what's going on but there's no question that the company is at least producing cutting edge products. Eventually the cars will speak for themselves and generate even better sales. Mazda is hoping that happens soon.
Mazda new models not enough to stop profit loss
Jul 14th 2004 at 9:58AM
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