Face to face: with James Miller, president of Mazda

摘要

Mazda has downgraded its forecasts for the Japanese vehicle market in 1998/99 from just over 6.4m to 6m units, but a further fall to 5.6m has not been ruled out. Through to June 1998 Mazda's market share was up 0.4% on a calendar basis and plansfor 1998/99 call for sales of 340,000 units-up 5.6%. Domestic production is forecast to decline 2.1%, while overseas output rises by 12.8% to 150,000 units. By March 1999, breakeven is targeted at 700,000 units and net debt is to be reduced to less than80%, with a target of reducing this to 50%. ￥284bn (