Mazda set to increase global annual sales to 1.7 million vehicles by 2016

Article by Christian Andrei, on December 7, 2010

At a news conference at the Foreign Correspondents' Club in Tokyo, Mazda Motor Corp. CEO Takashi Yamanouchi says that the company aims to nearly double its annual sales to around 2 million vehicles in about five years, with sales additions from fast-growing markets like India and Brazil.

Japan's fifth-largest auto maker had zeroed in on a plan to increase global sales to 1.7 million vehicles by the business year ending in March 2016, up 43 percent from around 1.19 million vehicles in 2009.

However, Yamanouchi said Mazda expected to sell another 300,000 vehicles or so in Russia, India, Brazil and other growing markets.

Mazda has projected global vehicle sales of 1.32 million units in the year until next March. Yamanouchi's comment implies that Mazda plans to enter the Brazilian and Indian markets, where it currently sells no cars.

Mazda is now owned 3.5 percent by Ford Motor Co. after the U.S. automaker sold most of its stake in it in November 2010.

The Japanese manufacturer aims to survive fierce competition with a new series of fuel-efficient engines and transmissions to be rolled out on 80 percent of its vehicles by the 2015-2016 business year. [via autonews - sub. required]

Topics: mazda, sales

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016