MZDAY News and Press, Mazda Motor Corp. ADR From 01/04/23

Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...

Summary While some of Mazda's revenues come from selling into Japanese markets from Japanese facilities and stocks, lots of production and storage of key parts happens in Shanghai. This production meant Mazda saw severely reduced production and sales in the rest of the world and i...

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

Mazda's ( OTCPK:MZDAY ) North American car sales rose 29.7% to 25,319 vehicles in Oct. 2022, the automaker reported Tuesday. It comprised of cars sales of 3,191 vehicles (-16.5% Y/Y) and trucks sales of 22,128 (+41% Y/Y). The Japanese automaker posted an increase of 34...

Summary Mazda Motor Corporation has seen a significant decline in net sales as compared to the same period last year. The company does not appear to be attractively valued on an earnings basis. I rate Mazda as a hold at this point in time. Investment Thesis: I rate M...

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Mazda ( OTCPK:MZDAY ) on Monday reported Sept. sales in North America of 23.8K vehicles, down 1.1% Y/Y. YTD sales totaled 215.4K vehicles, down 21.2% Y/Y. With 25 selling days in Sept. vs. a year ago, MZDAY posted a 1.1% decrease on a daily selling rate ...

Summary The reimagined 2022 Detroit Auto Show, also known as the North American International Auto Show, finished its media and industry days with limited automakers and brands participating after a three-year hiatus in the city. Ford, General Motors and Stellantis each took up re...

Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...