TOKYO: Mazda Motor Corp. sank to a loss for the fiscal year ended March, sharing the fate of other Japanese automakers battered by the global slump and strong yen.
Hiroshima-based Mazda, Japan's fifth biggest automaker, reported Tuesday a 52.1 billion yen ($535 million) loss for the fiscal year ended March 31, as sales plunged 27 percent to 2.536 trillion yen.
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