TOKYO -- Mazda Motor is expected to book about 60 billion yen ($555 million) in group operating profit for the year ending March, representing a 20% to 30% drop amid sluggish sales in its top markets like the U.S. and China.
Falling utilization at Mexico plant and strong yen add to automaker's woes

A Mazda dealership in France. Despite increased sales in Europe, the automaker is expected to fall short of its global sales target this fiscal year. © Reuters
TOKYO -- Mazda Motor is expected to book about 60 billion yen ($555 million) in group operating profit for the year ending March, representing a 20% to 30% drop amid sluggish sales in its top markets like the U.S. and China.