/ Mazda, News, Subaru / Mazda and Subaru profit from strong U.S. sales

Mazda and Subaru profit from strong U.S. sales

Linked In Share
Mazda and Subaru profit from strong U.S. sales

Mazda Motor Corp and Subaru parent company Fuji Heavy Industries Ltd. said they are on the way to making full-year profits after strong sales in the United States, despite the downturn in Japan.

The U.S. is the biggest market for both carmakers and this June, the overall market registered the highest rate in the last 8 years, with 17 million vehicles sold.
The strong demand coming from the U.S. for the two companies offset the not so good situation in Japan. Both automakers had a sales drop at double-digit rates in first 3 months of the year, and a sales tax hike in April added to that. Fuji Heavy delayed its launch of the new Levorg station wagon in Japan by about a month, while Subaru dealt with its limited production capacity. For the following months, it will add 20,000 vehicles of annual capacity in Japan and 30,000 in Indiana, U.S., planning by 2016 to raise Indiana’s plant capacity by 50%, up to a total of 300,000 vehicles.

Mazda Executive Officer, Tetsuya Fujimoto said “We can cover for the domestic drop with sales overseas. This is a time when our patience is being tested.” Mazda’s profit for April-June was up to 54.4%, having a $549.1 million operating profit. Fujimoto added that the Japanese carmaker has had a bigger profit per vehicle due to the launch of its fuel-efficient ones in the “Skyactiv” series, which cut costs.
Fuji Heavy said that it booked its highest ever first-quarter operating profit of $764.5 million due to the popularity of its all-wheel drive Subaru that has an advanced crash prevention system.
Mazda’s sales in U.S. jumped 18% in April-June, selling 78,373 vehicles, with the help of its remodeled Mazda3 compact, while Subaru’s U.S. sales grew 12% to 125,620 vehicles, with its Forester compact SUV leading the sales.

By Gabriela Florea

by Cristian Gnaticov (my Google+) - Friday, August 1st, 2014 - filed under Mazda, News, Subaru. Image credit: .
Linked In Share
Related Articles
2014 Mazda profit sales Subaru united states us


Discuss: Mazda and Subaru profit from strong U.S. sales

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2015 nose rules benefit Mercedes, Ferrari
2015 nose rules benefit Mercedes, FerrariSep.30 (GMM/Inautonews.com) Two teams already have a "big head start" when it comes to the 2015 regulations, according to Force ...
Nissan GT-R hits tree in New Zealand
Nissan GT-R hits tree in New ZealandThe driver of a Nissan GT-R has completely ruined his ride after losing control of the wheel and smashing into a tree in New ...
ARK Performance Hyundai Genesis previewed for SEMA
ARK Performance Hyundai Genesis previewed for SEMAThe 2014th edition of the SEMA Motor Show is just around the corner and ARK Performance is providing us with a preview of its ...
[VIDEO] See Jay Leno protect his McLaren P1 from paint chips
[VIDEO] See Jay Leno protect his McLaren P1 from paint chipsFamous petrol head Jay Leno has given some serious attention to its newest ride, the McLaren P1, which will now be protected from ...
2016 Chevrolet Camaro spied once more
2016 Chevrolet Camaro spied once moreThe future generation of the Chevrolet Camaro has been caught on camera once more, while it was being tested out near the famous ...
Lexus GS F caught on the open road
Lexus GS F caught on the open roadOur spy photographers have managed to capture the upcoming Lexus GS F on camera, as it was being tested out on public ...
Opel Corsa OPC spied
Opel Corsa OPC spiedThe German based automaker Opel is currently testing out a new top of the line version of the current Corsa, which will be ...
Vilner transforms BMW M6 into unrecognizable vehicle
Vilner transforms BMW M6 into unrecognizable vehicleA BMW M6 Convertible has been drastically transformed by Bulgarian aftermarket specialists from Vilner into an unrecognizable ...
Recall roundup: Toyota Tacoma for rear suspension problems
Recall roundup: Toyota Tacoma for rear suspension problemsToyota has issued a recall for the Tacoma pickup trucks because of a problem with the rear suspension system which may even lead ...
Australia – Mercedes-AMG Performance Studio C63 AMG Edition 507 unveiled
Australia – Mercedes-AMG Performance Studio C63 AMG Edition 507 unveiledThe Mercedes-AMG Performance Studio has recently pulled the wraps off the one-off C63 AMG Edition 507, a vehicle created ...
Recall roundup: Opel Adam and Corsa for urgent steering problems
Recall roundup: Opel Adam and Corsa for urgent steering problemsOpel / Vauxhall has issued a global recall for the 2014 Corsa and Adam models because of a problem with the steering. Bad news ...
Do you know who’s the automotive king of America?
Do you know who’s the automotive king of America?Another year, another Forbes 400 is out. And sniffing through the comprehensive list of larger than life bank accounts, we found ...
Cadillac CTS-V rendered
Cadillac CTS-V renderedCadillac’s upcoming performance sedan, the CTS-V, has been recently rendered and we can now see how it may look like when it ...
US: Los Angeles motorists lose $2,500 annually according to study
US: Los Angeles motorists lose $2,500 annually according to studyA report compiled by TRIP, a Washington transportation research group, sees Los Angeles’ drivers spending no less than $2,458 ...
U.S. – First BMW M3 delivered gets tuned by MORR Wheels
U.S. – First BMW M3 delivered gets tuned by MORR WheelsThe first 2015 BMW M3 delivered to the United States has been recently upgraded by the aftermarket specialists at MORR ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

nissan gt-r crash new zealand 1
ARK Performance Hyundai Genesis 1
Spy-Shots of Cars
Spy-Shots of Cars
Spy-Shots of Cars
bmw m6 convertible vilner tuning stormtrooper 1
Mercedes-AMG Performance Studio C63 AMG Edition 507 1
2015 bmw m3 tuning morr wheels 1
Ferrari F40 goes camping 1
Facelifted Kia Venga 1
2015 ford mondeo uk 1
euro-spec 2015 kia sorento 1

More automotive from inautonews
The driver of a Nissan GT-R has completely ruined his ride after losing control of the wheel and smashing into a tree in New Zealand. The Nissan GT-R was a revolution in the sports car segment, providing supercar performance for a lesser price tag and now, with the new generation being just around ...
read more
Inautonews Editors Section
Test Drive: Honda Civic Tourer 1.8 Executive MT
Test Drive: Honda Civic Tourer 1.8 Executive MT The new generation of the Honda Civic, has added, for the first time ever, an estate version, which is aimed towards families who aren’t exactly ...
Test Drive: Mercedes-Benz SLK 250 AT
Test Drive: Mercedes-Benz SLK 250 AT The new generation of the Mercedes-Benz SLK has been introduced back in 2010 and production began one year later. The roadster has seen the public ...
Test Drive: Mercedes-Benz ML 250 BlueTEC 4MATIC
Test Drive: Mercedes-Benz ML 250 BlueTEC 4MATICThe off-road adventure for Mercedes started in America back in 1997 with the introduction of the original M-Class generation. The model was notable ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Toyota Tacoma for rear suspension problemsToyota has issued a recall for the Tacoma pickup trucks because of a problem with the rear ... Recall roundup: Opel Adam and Corsa for urgent steering problemsOpel / Vauxhall has issued a global recall for the 2014 Corsa and Adam models because of a problem ...
Safety Section