http://bottomline.msnbc.msn.com/_new...e-out-of-mazda

 

In general, I would agree that selling SkyActive tech is one funding source.

However, the article itself is one that I see with scorn. I mean, opening with "and largely ignored by American buyers" followed by "even though sales in the key U.S. market are running ahead of the overall American automotive recovery"? Do they hear themselves? Perhaps they don't place value in how Mazda is running away with the Austrailian market? The dollar vs yen issue makes the US harder to deal with, but they have a good product that IS grabbing market share that Mazda never had.

And "Mazda hopes to offset that by building a new plant in Mexico to handle smaller models, such as the Mazda3, that are especially sensitive to exchange rates. Peterson says the company simply doesn’t have the money to open that plant right now, however." Did they miss the multibillion dollar share sale that just happened that was hugely successful?

Agreed that Mazda isn't doing so well. Agreed that they need funding sources and selling SkyActive could be part of that.

I don't think much of the reporter/editor though.

 

I was about to click on that link, but I was reading RIWWP's comments, look at the link again and saw the domain "msn.com" ...

and I just stop.

Most of the "so called editors" on MSN.com have no idea what they're talking about. so why bother ?

 

lol i hear ya, ... but at least i didn't quote something from foxnews.com hehe.

 

A very "American-centric" article. Even though in 2011 Mazda sold 1.2 million cars... they think it is going under...

 

"CX-5 crossover which recently began rolling into U.S. showrooms. With highway fuel economy of up to 32 mpg, the new model"

wrong. sport/manual/fwd is 26/35

 

i tried to actually send them a correction request but it wont accept a gmail address as a valid email address when submitting.

 

LOL wtf?

try @mail.google.com

 

Wow. That article really paints a bleak picture.

Well, here's some sunshine:
* http://www.123jump.com/market-update...Soars-6/48003/

* http://www.ft.com/intl/cms/s/0/1f53f...#axzz1pCvBsnxI

For those w/o Financial Times access:
Japanese carmakers boosted by Mazda
By Song Jung-a in Seoul

Asian stocks climbed on Thursday, led by Tokyo’s Nikkei Average as the weaker yen continued to boost Japanese exporters.

The FTSE Asia Pacific index was up just 0.2 per cent to 246.75, but Japan’s Nikkei 225 Average climbed 0.7 per cent to 10,123.28, boosted by carmakers and other export-led stocks.

Mazda Motors led the auto groups higher after it announced it had received orders for more than 8,000 of its new CX-5 sport utility vehicle in the first month of sales. Mazda jumped 6.1 per cent to Y140 and was the second most actively traded stock on the Tokyo exchange.

Its rivals were also boosted, as the yen dropped to an 11-month low against the dollar. Honda Motor gained 3.5 per cent to Y3,295, Toyota Motor added 2.9 per cent to Y3,585, and Hino Motors rose 2.8 per cent to Y593.

etc....