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Mazda Motor Corp. posted a net loss of 2.7 billion yen ($33.1 million) for the three months ended Dec. 31 after a stronger yen cut the competitiveness of its exports.

Mazda's loss, its first in two quarters, compared with a profit of 4.4 billion yen a year earlier, it said in a statement today. Sales rose 0.5 percent to 560 billion yen during the quarter.




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Mazda Falls Victim To Uncontrolled Yen - Loses $33 Million In 4th Quarter

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