Mazda Motor Corporation began life as the Toyo Cork Kogyo Co, and formally adopted the Mazda name in 1984. After encountering financial problems, Mazda embarked on a relationship with the Ford Motor Company, which took a seven per cent stake in 1979, rising to 33.3 per cent by 1996. However, under the leadership of Ford CEO Alan Mulally, Ford divested its stake in Mazda, and cut production and development ties.
A recovery for Japan's carmakers in the world's largest vehicle market hit a snag yesterday when Toyota, Honda, Nissan and Mazda recalled 32,572 vehicles in China. But that is just a fraction of at least 3 million vehicles that the four companies are recalling worldwide due to defective airbags made by Takata - the world's second-largest supplier of airbags and seat belts.Friday, 12 April, 2013, 5:31am 1 comment
Bird flu worries are continuing to reverberate through the mainland's stock markets, with carmakers' shares now rising on expectations that more people will use private cars rather than risk exposure to H7N9 by using public transport.10 Apr 2013 - 5:52am
Three major Japanese carmakers started the year on a good note on the mainland as their sales last month showed growth for the first time in four months.5 Feb 2013 - 4:09am
US auto sales posted their fastest clip since January 2008 amid an improving economic outlook and demand for replacement vehicles following the devastating Hurricane Sandy.
Total industry sales in November were up 15 per cent from a year earlier and came in at an adjusted, annualized rate of 15.5 million vehicles, according to Autodata.4 Dec 2012 - 12:03pm
Chinese carmakers rose sharply in the Hong Kong market on Friday, on speculation that rising hostility to Japanese car brands in China will boost domestic sales.5 Oct 2012 - 2:50pm
Strike action in South Korea has left automaker Hyundai Motor running out of cars to sell in the crucial US market at a time when rivals such as Toyota Motor are clawing back lost market share.5 Sep 2012 - 10:38am
Ford Motor and Mazda Motor Corp and their local Chinese partner Chongqing Changan Automotive Co have received approval from China’s central government to split their three-way, manufacturing and sales joint venture into two, Ford’s chief executive said on Monday.27 Aug 2012 - 2:13pm
The season of Christmas shopping and running the family around for festive get-togethers may be an opportune time to launch a multi-purpose vehicle. Although the timing was coincidental, when the wrapping came off the 2011 Mazda 5 MPV in Hong Kong this month, the Japanese carmaker's compelling gift was a sportier and more stylish reincarnation of the compact people carrier.18 Dec 2010 - 12:00am
Normally, a car will sell best when it's new, but the Mazda3 contravenes this code. The recently-superseded model enjoyed a sales peak right at the end of its production cycle (last year's global sales were up 37 per cent compared with when it was first introduced, in 2004).30 May 2009 - 12:00am
This year's summer storms gave Hong Kong its wettest June on record, wreaking havoc on the roads. It was much the same five years ago when the Post tested the then all-new Mazda 6 around Hong Kong Island during a typhoon, and the 2.5-litre wagon proved it was no shrinking violet in the wet.2 Aug 2008 - 12:00am