Mazda Motor Corp. said Tuesday its vehicle sales in China rose 25.5% last year to 127,846 units, reported Dow Jones. Mazda said in a statement its sales in China last month rose 22.5% to 12,984 units.
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FAW Mazda is preparing for building a new plant, which is expected to be completed by the end of 2010 and will boost the carmaker's production capacity to 120,000 units, Beijing Morning Post said, citing Yu Hongjiang, general manager of FAW Mazda Sales Co.
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Mazda Motor (China) Co said the company posted 27% sales growth during the first ten months of the year as a result of dealership network restructuring and product lineup expansion.
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Mazda China will have to revise its mid-term sales target of 300,000 units by 2010, or delay this goal, due to the underperformance of Changan Mazda in the China market, reported Beijing Times, citing a top executive of the company. However, this will not affect the anticipation of Mazda's operations in China.
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An earlier report by Wall Street Journal said that Ford Motor Co. is considering the sale of its controlling stake in Japan's Mazda Motor Co. as the second-largest U.S. automaker tries to steady its finances amid slumping sales, while Luo Jingling, auto industry expert, told the East Morning Post that Ford’s joint venture in China will not be seriously affected as it is still profitable in the Chinese market.
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Japanese carmaker Mazda Motor Corp said it plans to launch new passenger car models successively in China. Besides the MPV and sports Roadstar, the company also plans to restart production of hot-selling models in its Nanjing small car factory which is cutting production now, autosina.com said yesterday.
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FAW Car Corp, a subsidiary of China FAW Group Corporation, said it would invest 293 million yuan (US$43.2 million) to locally produce Mazda 8 MPVs (multi-purpose vehicles), the 21st Century Business Herald reported.
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Mazda will lower its annual sales target in China to roughly 60,000 units from the previous goal of 120,000 units set earlier this year, announced Changan Ford Mazda Automobile Co in the company’s mid-year business conference with 95 domestic Mazda dealers on August 27, reported 21st Century Business Herald today.
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Shanghai, August 26 (Gasgoo.com) An insider from FAW Mazda said that the joint venture will release the Chinese name of the latest-generation Mazda6 model on September 8.
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After months of hard work, created by the open wheel unification in February, Mazda is pleased to announce the 2008 TV package for the SCCA Pro Racing Playboy Mazda MX-5 Cup. The series will have all eight races broadcast in an expanded 60-minute package by DIRECTV and DISH Network. All content will be produced by the Carolinas Production Group/Visioncast.
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Mazda North American Operations (MNAO) today confirmed that its all-new MAZDA6 sports sedan will launch later this year, with an expected on-sale date in late summer, 2008.
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Mazda Motor Corp. announced that its net profit grew 7.1% in the third quarter, as it sold more vehicles in emerging markets as well as in Europe and North America.
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