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Mazda with small decrease in the quarter

Significant improvement in its financial results reported Japanese automaker Mazda 2009-2010, the financial company is still losing, but its negative effect is strongly reduced and now stands at 6.5 billion yen (49 million) to 71.5 billion yen for 2008-2009. Furthermore, the manufacturer expects to come out of profits this year and generally viewed with optimism the future. For the period from April 2009 to March 2010 Mazda has failed to take account of operating profit of 9.5 billion yen (72 million) in operating loss of 28.4 billion yen a year earlier. However, its sales for the period fell by 14.7 percent to 2.16 trillion. yen (16.5 billion). Over the past 12 months Mazda contracted costs by 100 billion yen. "The efforts have enabled us to develop a cost structure that provides us with a profit, even if Japanese plants operating at 80% capacity utilization and despite currency fluctuations, the company stressed in a press statement. During the year the Group sold 1.193 million vehicles worldwide, up 5 percent less than the previous 12 months. Sales increased by 1% in the Japanese market thanks to the launch of the new Axela (which international markets sold as "Mazda 3). China does have a jump in sales by 46 percent due to the success of Mazda 6. Decline seen in North America (-12%) and Europe (-26%).
For 2010-2011, the company expects to grow the number of cars sold by 6%. For this purpose, special attention will be given to markets in North America and China.