Mazda's dandy Yankee-doodling
Article Abstract:
Mazda Motor Corp. (MMC), owned by Ford Motor Co., announced a profit for fiscal year ending March 31, 1999. With nine Americans on its board, MMC made a net profit of $321.1 million, its first profit since 1992-93. Dividends were also restored. MMC cut costs, redundancies, and dealer outlets. Ford brought Mark Fields to MMC in August 1998 as senior adviser. Fields' management operations include sales, service, parts, and global marketing.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Car sales race to a blind corner in Canberra
Article Abstract:
The automobile industry continues to use discounts, rebates, and the addition of equipment to sell its automobiles at near record volumes, despite the industry's lobbying the government for cuts in wholesale taxes to avoid a buyers' strike. 1999 volume sales to end of September are down only 2.9% from the same period in 1998. The "light car" segment, however, has fallen, with some manufacturer's sales down by as much as 25.8%.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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