Mazda’s new Mexican plant capacity rises to 230,000

Mazda’s new Mexican plant capacity rises to 230,000

January 5, 2013 by · Leave a Comment 

Filed under: Budget , Plants/Manufacturing , Hatchback , Mazda , Toyota , Earnings/Financials After the turmoil of last year, 2013 is getting off to a much better start for Mazda . The company has issued a release indicating that the forthcoming plant in Salamanca, Mexico has had its production capacity raised even though it isn’t scheduled to go online until March 2014 . The original plans called for a 140,000-unit capacity, 90,000 of that allotted for the Mazda2 and Mazda3 , the remaining 50,000 for a small car Mazda would build for Toyota that would be based on the Mazda2. The new plans call for raising that by 90,000 units to a total of 230,000 units within two years, by the end of March 2016, and it looks like it will all go toward Mazda production to satisfy growing demand for Skyactiv vehciles. The Mexican plant’s opening will be the return of Mazda manufacturing to North America, after Mazda6 production was moved back to Japan last year. More good news for the company is that it projects 10 billion yen ($114 million) in net income for the financial year that will end in March. That would be a welcome turnaround from the 100-billion-yen loss in the previous financial year, part of a series of three annual losses in a four-year span. You’ll find the press release with the factory update below . Continue reading Mazda’s new Mexican plant capacity rises to 230,000 Mazda’s new Mexican plant capacity rises to 230,000 originally appeared on Autoblog on Sat, 05 Jan 2013 09:01:00 EST. Please see our terms for use of feeds .

Toyota takes title of World’s Largest Automaker… again, for now

Toyota takes title of World’s Largest Automaker… again, for now

May 12, 2012 by · Leave a Comment 

Filed under: Toyota , Earnings/Financials Now that the title of world’s largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. Bloomberg reports that Toyota snagged the #1 crown in Q1, taking it away from General Motors with 2.49 million units sold across its five brands compared to 2.28 million for GM. Volkswagen was just another tenth down at 2.19 million units sold. What all three might appreciate even more than the crown – except for VW, who is monomaniacal about the No. 1 tag – is that sales volumes and profitability are up, at least in America. Toyota’s sales rebound from the catastrophes of last year (and indeed, the last few years) is being underlined by its performance here, where the Prius Plug-In is the third-best seller against a background of the nation’s best car sales market in five years . Even with double its usual fleet sales in Q1, Toyota expects this financial year’s profits to double . The year isn’t over yet and it remains close, but for now it looks like there’ll be good news for everyone. Well, until 2016, when Volkswagen is predicted to vanquish all challengers at the top of the podium, two years ahead of its own ridiculously ambitious schedule. Toyota takes title of World’s Largest Automaker…

Tweeter button Facebook button Youtube button