Tuesday, August 20, 2024

Mazda incentives soar, putting pressure on profits, upmarket move

Mazda incentives soar, putting pressure on profits, upmarket move https://ift.tt/tFsXa0K

Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago.

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