Mazda Quarterly Loss on Tsunami-Hit Production

A Japanese Mazda MX5 model is displayed during the press days of the Paris Motor Show on September 30, 2010. The show will open to public on October 2, 2010. Carmakers from across the globe gather today at the Paris Motor Show to premiere dozens of new models and showcase a whole range of electric cars ready to hit the road.

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TOKYO,  — Mazda is reporting a 25.5 billion yen ($327 million) loss for the fiscal first quarter after its vehicle production was sorely hurt by the earthquake and tsunami in Japan.
Mazda Motor Corp. is among the automakers not only in Japan but around the world whose production was disrupted after key parts failed to arrive from suppliers damaged by the March 11 disaster in northeastern Japan.
Mazda's red ink for the April-June quarter, released Friday, was worse than the 2.1 billion yen loss racked up the same period the previous year.