MZDAF - Mazda Goes From Doing Its Best To Doing What Is Required

NOTE: A version of this article was first published on or about June 2, 2020, on my Seeking Alpha Marketplace site.

If there was one headline from the automotive world that stood out on June 2, 2020, it was this one: Mazda (OTCPK:MZDAY) reported May 2020 U.S. unit sales, and they were down only 1% (!) from the prior year.

Here are the May month U.S. unit sales results, from the automakers that still report monthly results:

Toyota: -26%

Honda -27%

Hyundai: -14%

Kia: -24%

Subaru: -19%

Mazda: -1%

Data sources: Sales declines

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