Hiroshima, Japan, Mar 31, 2008 - (JCN Newswire) - Mazda Motor Corporation has announced that domestic production in Japan during fiscal year 2007 has exceeded one million units. This marks Mazda's highest domestic production volume in 15 years since 1992.
Masaharu Yamaki, senior managing
Announced in March 2007, the Mazda Advancement Plan (MAP) includes business targets to be achieved in fiscal year 2010, namely: 1.6 million global retail sales, an operating profit over 200 billion yen, a return on sales (ROS) ratio of six percent, and a stable payout of dividends. In order to achieve these targets, Mazda will leverage its annual straight time production capacity in Japan, which is currently 996,000 units per year.
Mazda is enjoying strong sales thanks to the high acclaim its vehicles have received from media and customers around the world. The all-new Mazda2 (known as the all-new Mazda Demio in Japan) has won 36 awards globally since its launch in 2007, including the 2008 World Car of the Year and the RJC Car of the Year award in Japan. The all-new Mazda6 (Mazda Atenza) has already won awards from major automobile magazines in Finland and Germany. The all-new Mazda Atenza went on sale in Japan in January 2008 and received 4,500 orders in its first month of sales, three times the monthly sales target. The Mazda CX-9 was also chosen as the 2008 North American Truck of the Year. These awards provide further recognition of the manufacturing excellence for which Mazda is known around the world.
Mazda will continue to strive for a sustainable future while offering iconic vehicles in the best Zoom-Zoom tradition, i.e., cars that "look inviting to drive, are fun to drive, and make you want to drive them again."
About Mazda Motor Corporation
Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com .
Source: Mazda Motor Corporation
Contact:
Mazda Motor Corporation Corporate Communications and Liaison Division Tokyo: +81-3-3508-5056 Hiroshima: +81-82-282-5253
Japan Corporate News Network. All rights reserved.