Mazda Announces Changes to Overseas Production Statistics for Production and Sales Results.Tokyo, Japan, Feb 27, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Mazda Motor Corporation has announced changes to the way it records overseas production figures in its monthly production and sales results, effective January 2007. In future, Mazda's overseas production figures will reflect the number of Mazda brand vehicles that come off the production line at overseas production facilities except for complete knock down Complete knock down (CKD), is a complete kit needed to assemble a vehicle. It is a common practice among automakers, as well as bus and rail vehicle manufacturers, to sell knocked down kits to their foreign affiliates in order to avoid high import taxes and/or receive tax vehicles CKD See count-key-data. [1] and vehicles produced by other original equipment manufacturers OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and [2]. Since November 1998, Mazda's overseas production figures have included an estimation of parts and component shipments for Mazda brand models that have been assembled at overseas production facilities. Under the new statistical reporting system, Mazda brand vehicles produced with 100 percent locally procured parts - which previously could not be counted - will also be included in the overseas production total. These changes will enable a more accurate disclosure of Mazda's production statistics. Mazda apologizes for any inconvenience these changes to our production statistics reporting system may cause and appreciates your understanding on this matter. [1] CKD vehicles are included in Mazda's domestic production figures. [2] OEM vehicles will be recorded in the respective originating OEM's figures. About Mazda Motor Corporation Mazda Motor Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines rotary engine, internal-combustion engine whose cycle is similar to that of a piston engine, but which produces rotary motion directly without any conversion from reciprocating motion. . Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe for over 30 years. Overseas sales account for more than half of total turnover. Mazda has two main production sites in Japan and 19 overseas facilities. Overseas sites include joint ventures based in the United States, and in Thailand with Ford Motor Company, Mazda's largest shareholder. Source: Mazda Motor Corporation Contact: Mazda Motor Corporation Ms. Mayumi Handa handa.ma@tky.mazda.co.jp +81-82-282-1111 Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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