Published 16 days ago • loading... • Updated 14 days ago

Mazda makes cost-saving effort as inflation threatens to drive up investment spending

Summary by WTVB

TOKYO (Reuters) – Japanese automaker Mazda Motor said on Tuesday it will keep investments in its electrification efforts in check by making use of partnerships and its existing manufacturing plants after inflation threatened to push up costs. The automaker said it expects to keep its investment at around 1.5 trillion yen ($10.02 billion) for the period up to 2030 through its efforts, just as much as it had said in November 2022 it would be inves…

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Mazda to pursue more cost-effective EV shift

Mazda Motor says it will take a new and more cost-effective approach to fund its electrification plans. The Japanese automaker will pursue the transition through tie-ups and other efficiency-boosting measures.

14 days ago·Tokyo, Japan

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Mazda makes cost-saving effort as inflation threatens to drive up investment spending

15 days ago

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Carscoops

Mazda Slashes $3.3B From EV Plans, Confirms Hybrid SkyActiv-Z Engine For New CX-5

Mazda has reduced its planned investment for electrification by half a trillion yen ($3.3B). The company aims for a “Multi-Solution” strategy, combining BEV, Hybrid, and ICE offerings. The new SkyActiv-Z engine will be introduced in a hybrid setup for the next-gen CX-5. Mazda has introduced its new “Lean Asset Strategy,” aimed at enhancing the flexibility of its electrification plans, improving production efficiency, and cutting R&D costs throug…

15 days ago

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Autocar UK

New 2027 Mazda CX-5 to stick with petrol power

CX-5 will get a new-look front end bringing it into line with the new Mazda6e and CX-60 New Skyactiv-Z engine in development as Mazda slashes spend on electrification The next-generation Mazda CX-5 will receive an all-new petrol engine, marking the brand’s latest commitment to offering combustion-powered cars for the foreseeable future. It said the new unit would be named the Skyactiv-Z, suggesting it will replace the 183bhp Skyactiv-X four-pot …

15 days ago

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Automotive News

Mazda shifts to ‘lean asset’ mode as new secret weapon in EV age

Mazda plans a new Lean Asset Strategy as a way to do more with less, saving the automaker billions of dollars and helping to slash the investment, manpower and lead time needed for its first in-house battery-electric vehicles.

15 days ago·United States

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Philippine Car News, Car Reviews, Automotive Features, and New Car Prices | CarGuide.PH

Mazda Set To Reduce Engine Choices By Half As Skyactiv-Z Launch Looms

Mazda outlines its “Lean Asset Strategy” which will help them realize a multi-solution approach for electrification while still remaining financially healthy.Read More »

15 days ago

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