Mazda Sees Continued Global Sales Recovery

Projects 2020 global sales of 1.3m vehicles

Hiroshima-based Mazda Motor Corporation announced late last week its first quarter financial and sales results, reporting global sales of 244,000 vehicles during the period 1 April to 30 June, 2020.

In most regions, the COVID-19 pandemic continued to have a substantial impact on sales results. In Europe, first quarter sales were down 58 percent year-on-year to 28,000 units, on a market share of 1.1 percent. Mazda’s largest region, North America, saw a 19% decline to 81,000 units and in Japan, Mazda’s domestic market, sales were down 34 percent to 26,000 vehicles. In China, demand continued to recover during the April-to-June period, with sales of 61,000 units, up 13 percent on a year-on-year basis.

With sales operations being resumed worldwide and global production returning to pre-pandemic levels from August 2020, Mazda forecasts global sales for the full fiscal year to be 1.3 million units.

Mazda will continue to monitor the economic situation as well as the trends of automobile demand in each market where their vehicles are shipped. Despite the impact of the COVID-19 pandemic on the global business, Mazda remains committed to invest in future technologies, including electrification.