Seeing the future

[djmtsu]

Still not concerned.

[reddozen]

Originally Posted by djmtsu

Still not concerned.

Same... Mazda posted record sales in January. We're talking 24,000 cars at a 68% increase over last January, putting them 12 most cars sold out of 37 brands. More cars than Mercedes-Benz, BMW, Acura, Scion, and several other big names.

I'd say they're a pretty strong company. Their only financial troubles are because they export 90% of their cars from Japan, and the exchange rate of the Yen is stupidly high. They're looking for partners to be able to produce more cars locally thus cutting exchange and importing costs.

They're not going out of business with sales stats like that.

[Pete_89T2]

Originally Posted by djmtsu

Still not concerned.

Neither am I. In the long term, the investment decisions Mazda is making will reduce their exposure to the risks of currency valuation swings. Just wish they would build a new plant in the US instead of Mexico.