Munich ? EUR Mazda Motor Corp (MZA.MU) Follow Compare 6.66 +0.08 (+1.28%) As of 5:26 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Mazda exec. says these 2 catalysts will fuel US sales in 2025 Mazda North American Operations CEO Tom Donnelly sits down with Market Domination Overtime Hosts Julie Hyman and Josh Lipton to talk about how the Japan-based automaker plans to grow its presence in the US market. Mazda is expected to reach 400,000 deliveries in the US in 2024 and expects that number to grow in 2025. Donnelly tells Yahoo Finance the 2025 US sales target is “north of 450 [thousand] at this point.” The executive notes, “Obviously, we need to keep an eye on what's happening in the overall industry” as part of the company’s market-based approach. He says there are two catalysts that “are going to continue to spur our growth.” The first is the company will introduce the CX 50 hybrid, assembled in the US. The second growth catalyst is “a new brand campaign, ‘Move and Be Moved.’” Donnelly says, “It really addresses the opportunity that we saw in terms of the building blocks that we've put in place over the last couple of years. So we feel like we've got the product piece pretty well dialed in together with our retail partners. We've invested heavily in the experience that we provide our customers, and we're getting very good accolades for that from both our dealers and our consumers.” To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 5 days ago MZDAF +6.63% MZDAY Mazda is an 'intentional follower' on EVs: Mazda exec. Mazda North American Operations CEO Tom Donnelly joins Market Domination Overtime Hosts Julie Hyman and Josh Lipton to discuss the automaker’s electric vehicle (EV) strategy. Donnelly explains that Mazda's strategy is offering a combination of battery and internal combustion engine (ICE) vehicles. “It's the right strategy for us as a brand, [of] our size. And we think it's proving to be the right strategy for the marketplace right now.” He outlines the company’s “three phases of this multi-solution strategy.” Donnelly explains that the first phase, which follows through the end of 2024, “was the introduction of plug-in hybrids.” The second phase spans from 2025 to 2027 when the company “will introduce more plug-in hybrid variations,” as well as the “first Mazda-produced battery electric vehicle.” The final phase goes through 2030, with Mazda offering a “multiple battery electric vehicle.” “The market is illustrating with the growth in hybrid, a bit of, let's say, tempered growth in battery electric vehicles, that they're looking for multiple powertrain options at this point. So we think we've got the right lineup to capitalize on that right now,” Donnelly tells Yahoo Finance. He says the company’s EV strategy has always been market-based so as not to get ahead of demand. “We've been, we think, very thoughtful and intentional about how we've approached [EVs]. In fact, the word we've used over the last two years has been ‘intentional follower.’ For a brand our size, we're going to monitor the market, and then we're going to use our agility to make sure that we can shift our production and shift our products to meet the demand at that particular time. And I would say it's proving to be effective.” To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 5 days ago MZDAF +6.63% MZDAY 2024 Mazda MX-5 Miata: Timeless Fun in a Tiny Package The faux-British roadster is sleek, zippy and toy-size. Dan Neil puts his pelvis to the test as he squeezes himself into one for a joyous test drive. The Wall Street Journal ? 2 months ago MZDAF +6.63% MZDAY 70 mpg Mazda2 takes the fight to EVs Mild hybrid or series hybrid? Mazda gives you the choice with its own model powered by an MHEV system, or a made-over Yaris Hybrid supplied by Toyota. Just Auto ? 4 months ago MZDAY TM Update: Toyota Motor Halts Some Shipments Amid Safety Scandal in Japan Update: Toyota Motor Halts Some Shipments Amid Safety Scandal in Japan PREMIUM MT Newswires ? 4 months ago TM MZDAY Toyota apologizes for cheating on vehicle testing and halts production of three models Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging fraudulent testing at Japan’s top automaker involved the use of inadequate or outdated data in collision tests, and incorrect testing of airbag inflation and rear-seat damage in crashes. Associated Press Finance ? 4 months ago TM MZDAY Japan auto safety scandal widens, Toyota halts some shipments A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models. The irregularities were also found in applications from Honda, Suzuki and Yamaha Motor, the ministry said. The automakers were found to have submitted incorrect or manipulated test data when they applied for certification of the vehicles. Reuters ? 4 months ago TM YMHAY HMC Toyota shuns electric cars with new generation of combustion engines Toyota is to develop a new generation of petrol-fuelled internal combustion engines, in the carmaker’s latest bet against electric vehicles. The Telegraph ? 4 months ago TM MZDAY Toyota, Subaru, Mazda collaborate in new engine development Maintaining powertrain flexibility and sharing costs in pursuit of net zero Just Auto ? 4 months ago TM MZDAY Toyota showcases compact engines adaptable to different fuels TOKYO (Reuters) -Toyota Motor showcased next-generation engines on Tuesday that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down on its strategy of selling more than just EVs. Toyota owns about a fifth of Subaru and roughly 5% of Mazda. The three said their efforts will help decarbonise internal combustion engines by making them compatible with alternative fuel sources such as e-fuels and biofuels. Reuters ? 4 months ago TM MZDAY UPDATE 1-Japan's Mazda may temporarily reroute Baltimore auto shipments, CEO on CNBC Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview. The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and farm and construction machinery handled and a cargo ship crash into the Francis Scott Key Bridge in March has restricted shipments. However, CEO Masahiro Moro said Mazda does not currently expect a big impact from the port shutdown. Reuters ? 6 months ago MZDAY Japan's Mazda may temporarily reroute Baltimore auto shipments, CEO on CNBC The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and farm and construction machinery handled and a cargo ship crash into the Francis Scott Key Bridge in March has restricted shipments. However, CEO Masahiro Moro said Mazda does not currently expect a big impact from the port shutdown. Reuters ? 6 months ago MZDAY Japan's Mazda may move auto shipments to another port from Baltimore, CEO on CNBC Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview. The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and farm and construction machinery handled and a cargo ship crash into the Francis Scott Key Bridge in March has restricted shipments. However, Masahiro Moro said Mazda does not currently expect a big impact from the port shutdown. Reuters ? 6 months ago MZDAY Mazda and Panasonic's energy unit sign auto battery supply agreement Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings said on Friday they have signed an automotive battery supply agreement. The deal comes out of talks about a battery supply partnership for electric vehicles that Mazda and Panasonic Energy started in June last year. Panasonic Energy also makes batteries for Tesla. Reuters ? 6 months ago MZDAY Are Auto-Tires-Trucks Stocks Lagging Ford Motor (F) This Year? Here is how Ford Motor Company (F) and Mazda Motor Corporation (MZDAY) have performed compared to their sector so far this year. Zacks ? 7 months ago F MZDAY Unity Software (U) & Mazda to Revolutionize In-Car Experience Unity Software (U) partners with Mazda to develop a next-generation in-cabin car experience to deliver a seamless journey for drivers. Zacks ? 7 months ago U MZDAY BMI Is Mazda Motor (MZDAY) Outperforming Other Auto-Tires-Trucks Stocks This Year? Here is how Mazda Motor Corporation (MZDAY) and Gentherm (THRM) have performed compared to their sector so far this year. Zacks ? 7 months ago MZDAY THRM 15 Best Fuel Efficient Cars Under $30K In this article, we discuss the 15 best fuel-efficient cars under $30K. To skip the detailed analysis of the automotive industry, go directly to the 5 Best Fuel Efficient Cars Under $30K. The automotive industry is changing rapidly due to the fast pace of technology growth. Over the last few years, oil and gas prices […] Insider Monkey ? 7 months ago HMC GM NSANY Why Mazda says hybrid crossover SUVs are the 'sweet spot' for the US market Count Mazda among the automakers who were criticized for dragging their feet into EVs, but the company is likely glad it did. Yahoo Finance ? 8 months ago MZDAF +6.63% MZDAY TM Mazda is 'timing the market right' with new hybrid vehicles Mazda (MZDAY) had one of its best years in almost 30 years as demand for hybrid vehicles begin to overshadow EVs. Some companies who have invested heavily in EVs have not seen the ROI as the demand for EV has slowed. Mazda North American Operations CEO Tom Donnelly joins the Yahoo Finance Live alongside Senior Reporter Pras Subramanian to discuss Mazda's performance and where its hybrid vehicles fit into the autos landscape. Donnelly comments on Mazda's strategy with the current consumer demand: "The term that I've used is, and others internally have used, is an intentional follower. We want to time the market right and ensure that we introduce products, technology, power trains that the market demands. We are clearly seeing a slowdown in BEV [battery electric vehicle] adoption, we are seeing an acceleration in hybrid demand, and that's why we think the introduction of the two plug-ins that we have this year... We think we are timing the market right. As we play forward to the 2030 horizon, we think we are going to be well-positioned." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino Yahoo Finance Video ? 8 months ago MZDAF +6.63% MZDAY Performance Overview Trailing total returns as of 10/29/2024, which may include dividends or other distributions. Benchmark is Nikkei 225 Return MZA.MU Nikkei 225 YTD -150.47% +16.25% 1-Year -152.09% +25.53% 3-Year -108.20% +34.65%
