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4-Traders Homepage  >  Equities  >  Tokyo  >  Mazda Motor Corp    7261   JP3868400007

MAZDA MOTOR CORP (7261)
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Ford says studying indigenous brands for China market

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06/04/2012 | 07:34am CET
To match FEATURE FORD-CHINA/

TAIPEI (Reuters) - Ford Motor (>> Ford Motor Company) is in talks with its partners to introduce indigenous brands in China, while it focuses on building up its own brand in the world's biggest auto market, its China chief said on Monday.

TAIPEI (Reuters) - Ford Motor (>> Ford Motor Company) is in talks with its partners to introduce indigenous brands in China, while it focuses on building up its own brand in the world's biggest auto market, its China chief said on Monday.

Some foreign auto makers have launched so-called indigenous, or China-only, brands with their local partners, in part to comply with Chinese government regulations that allow global carmakers like Ford to manufacture cars in China.

"We always are in discussions with our joint venture partners. All I can tell you is we are studying indigenous brands, but our total focus in terms of brand enhancement is really on the Ford brand," said David Schoch, chairman and CEO of Ford's China operations.

Ford makes its Fiesta, Focus, Mondeo and other sedans in China in a three-way tie-up with Changan Automobile and Japan's Mazda Motor Corp (>> Mazda Motor Corp.). It also holds 30 percent of Jiangling Motors Corp <000550.SZ>, which makes Ford's Transit vans.

(Reporting By Lee Chyen Yee; Editing by Alex Richardson)

Stocks treated in this article : Mazda Motor Corp., Ford Motor Company
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ChangeLast1st jan.
FORD MOTOR COMPANY 0.28% 10.63 Delayed Quote.-15.13%
MAZDA MOTOR CORP -1.84% 1471 End-of-day quote.-3.86%
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Financials ( JPY)
Sales 2018 3 441 B
EBIT 2018 -
Net income 2018 112 B
Finance 2018 64 082 M
Yield 2018 2,46%
P/E ratio 2018 8,04
P/E ratio 2019 7,73
EV / Sales 2018 0,25x
EV / Sales 2019 0,23x
Capitalization 929 B
Chart MAZDA MOTOR CORP
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Mazda Motor Corp Technical Analysis Chart | 7261 | JP3868400007 | 4-Traders
Technical analysis trends MAZDA MOTOR CORP
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Mean consensus HOLD
Number of Analysts 20
Average target price 1 700  JPY
Spread / Average Target 16%
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Managers
NameTitle
Masamichi Kogai President, CEO & Representative Director
Seita Kanai Chairman
Tetsuya Fujimoto Managing Executive Officer & Head-Finance
Mitsuo Hitomi Head-Technology Research Center
Akira Marumoto Representative Director & Executive Vice President
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