Mazda IPO Green Shoots For Japan's Auto Industry?

The auto industry was amongst the hardest hit sectors during the economic downturn, as a slump in consumer spending put the breaks on car sales worldwide. However, in Japan, the nation's fourth largest auto-maker Mazda, has set a precedent by returning to operating profit in Q209, and is looking to further capitalise on this rebound by going to market to raise up to JPY95.9bn (US$1.1bn).

To read the full article, please choose one of the following options: