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Mazda's China sales up 16% in Q1

Apr. 9, 2012 (China Knowledge) - Mazda Motor Corp, a Japanese automobile maker, sold 57,600 vehicles in China in the first quarter of this year, reflecting a year-on-year increase of 16%, principally boosted by strong sales of the Mazda 6, sources reported.

Last month, the automaker's China sales increased by 2% from a year earlier and reached 21,000 units.

Takashi Yamanouchi, chairman and CEO of Mazda China, said the company aims to sell about 270,000 autos in China this year, 26% more than 214,800 vehicles Mazda sold in the country in 2011.

Changan Mazda, a joint venture between Chongqing Changan Automobile Co Ltd<000625><200625> and Mazda, sold 22,526 vehicles in China in the first quarter of 2012, up 37% year on year.

Mazda expects to expand its dealerships in China to 420 units by the end of this year from 371 units the firm had as of Mar. 31, 2012.

The Mazda CX-5, a new SUV with advanced technology, will be launched this summer.

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