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Search resuls for: "Masahiro Moro"


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☆ Mazda CEO Masahiro Moro on EV-hybrid strategy: Freedom of choice is important
  + stars: | 2024-04-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMazda CEO Masahiro Moro on EV-hybrid strategy: Freedom of choice is importantMasahiro Moro, Mazda Motor Corporation chairman and CEO, joins 'Squawk Box' to discuss the impact of the Baltimore port closure in the wake of the bridge collapse, the challenges facing the auto industry at large, the company's global sales, EV adoption outlook, supply chain challenges, and more.
Persons: Masahiro Moro Organizations: Mazda, Mazda Motor Corporation Locations: Baltimore
☆ Teslas are the only EVs taking off in America: Mazda CEO
  + stars: | 2023-11-27 | by ( Tom Carter | ) www.businessinsider.com   time to read: +3 min
Masahiro Moro told Fortune that EVs other than Tesla are "not taking off" in the US. EVs face a reckoning amid slowing demand with auto companies cutting spending and reducing targets. AdvertisementMazda's CEO has said that Tesla is the only company seeing real success in a fragile EV landscape, with other electric cars "not taking off." Other EVs are not taking off, inventory is piling up," he said. It recently killed off its only EV sold in the US, the Mazda MX-30, after reportedly selling just 66 of them this year .
Persons: Masahiro Moro, Fortune, Elon Musk's, —, Tesla, Elon, Ford, Moro Organizations: Service, US, Ford, General Motors, Mazda, EV, Atlas Public
☆ Mazda says needs China strategy overhaul to catch up with market
  + stars: | 2023-07-14 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, July 14 (Reuters) - Japan's Mazda Motor (7261.T) needs to overhaul its strategy in China, the world's biggest auto market, where it faces increasingly tough competition from domestic players, the automaker's chief executive said on Friday. CEO Masahiro Moro said business conditions for Mazda in China, where it has a joint venture with Chongqing Changan Automobile (000625.SZ) and China FAW, would become increasingly tough over the coming year to 18 months. Its sales in China peaked in 2016 at just over 316,000 vehicles, separate industry data showed. Mazda is not alone in finding the Chinese market increasingly tough. Looking beyond China, Moro said if Mazda were to begin EV production in North America, it would happen after 2027, which marks the end of the middle phase of its business plan for this decade.
Persons: Masahiro Moro, Moro, Daniel Leussink, Jason Neely, Kim Coghill, Barbara Lewis Organizations: Mazda, Chongqing Changan Automobile, China FAW, Mitsubishi Motors, Guangzhou Automobile Group, Toyota Motor, Thomson Locations: TOKYO, China, Chongqing, North America, Huntsville , Alabama
☆ 3 major companies trying to move supply chains out of China, and how they're faring in their attempts to move away from the factory of the world
  + stars: | 2023-06-27 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +6 min
Ted Cannis, a senior executive at Ford, told the Financial Times in December that there is a "large-scale rethinking of logistics operations" across the auto supply chain. "The supply chain is going to be the focus of this decade," Cannis said. Among the companies Apple is relying on to make the Vision Pro is Taiwan's Foxconn — which is the main supplier shifting its supply chain away from China. The move was made after China's COVID-19 lockdowns rocked supply chain and production timelines, but prices are the real driving reason behind the move. "Right now, robustness of our supply chain also needs to be considered to ensure the stable procurement of parts."
Persons: —, Donald Trump, lockdowns, COVID, Ashutosh Sharma, Forrester, Ted Cannis, Cannis, China's, Wellsenn, Cowell, Liu Young, TSMC, Morris Chang, Chips, Dylan Patel, SemiAnalysis, Tim Cook, Fang DongxuFeature, Mazda, China's COVID, Masahiro Moro, ", Moro Organizations: Mazda, Service, Privacy, East, Ford, Financial Times, Apple, Vision, Apple's, Cowell e Holdings, Future Publishing, Reuters Locations: China, India, Zhengzhou, Henan, Vietnam, Mexico, Taiwan, Arizona, Nanjing, Fang DongxuFeature China, Japan Japanese, Japan
☆ Mazda to appoint former North America head Moro as next CEO
  + stars: | 2023-03-17 | by ( Daniel Leussink | ) www.reuters.com   time to read: +2 min
[1/2] Masahiro Moro, President and CEO of Mazda North America, speaks at the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017. Moro, 62, currently a director and senior managing executive officer, had previously served as the head of the automaker's North America operations. Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, Mazda added. Mazda also nominated Jeff Guyton, 56, senior managing executive officer and its current North America head, as chief financial officer and assistant to the president pending the June approval of the shareholders and board. ($1 = 132.9600 yen)Reporting by Daniel Leussink; Editing by Kim Coghill and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
☆ Mazda to nominate former North America head as next CEO
  + stars: | 2023-03-17 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, March 17 (Reuters) - Mazda Motor Corp (7261.T) will appoint Masahiro Moro, director and senior managing executive officer, as its new president and CEO, the Japanese automaker said on Friday. The 62-year-old, a 40-year company veteran who previously served as the head of the automaker's North America operations, will officially take over pending the approval of the shareholders and board in June. Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, the company said. Marumoto would continue to serve as an adviser, the Nikkei newspaper reported separately on Friday. Mazda said incumbent representative director and chairman of the board Kiyotaka Shobuda would remain in his post.
☆ Mazda to nominate former North America head as the next CEO
  + stars: | 2023-03-17 | by ( ) www.cnbc.com   time to read: +1 min
Mazda will appoint Masahiro Moro, director and senior managing executive officer, as its new president and CEO, the Japanese automaker said on Friday. The 62-year-old, a 40-year company veteran who previously served as the head of the automaker's North America operations, will officially take over pending the approval of the shareholders and board in June. Current President and CEO Akira Marumoto, who took up his role in 2018, will step down from his posts at that time, the company said. Marumoto would continue to serve as an adviser, the Nikkei newspaper reported separately on Friday. Mazda said incumbent representative director and chairman of the board Kiyotaka Shobuda would remain in his post.
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