Mazda Motor Corporation announced that it sold 309,000 vehicles globally in the first quarter of the current Fiscal Year, between April 1 and June 30, 2024, a volume that remains at the same level as the previous Fiscal Year.
The Japanese brand revealed that sales in Europe grew 12% in this quarter compared to the same period last year, reaching 49,000 vehicles, driven by sales of the CX-30, CX-5, and Mazda2 models. Market share increased by 0.1 points to 1.2%, with Germany and the United Kingdom maintaining their position as Mazda’s largest markets in the region, contributing 12,000 and 7,000 units, respectively.
In North America, Mazda’s sales grew by 14% with 146,000 units sold, representing the highest volume ever recorded in a first quarter.
On the other hand, China, Mazda’s largest market in Asia, recorded sales of 18,000 units, a 9% increase compared to the same period of the previous Fiscal Year, while in Mazda’s domestic market, Japan, sales reached 29,000 units.
The Japanese automaker also announced that in the first quarter of the fiscal year, Mazda recorded net sales of ¥1,205.6 billion (€7.2 billion) and an operating profit of ¥50.4 billion (€300 million), 68% higher than the same period of the previous Fiscal Year. Net income was ¥49.8 billion (€296.4 million).
The brand’s forecasts for the current Fiscal Year, which will end on March 31, 2025, and despite the current market fluctuations, indicate that global sales and consolidated sales volumes remain unchanged.
“Mazda will continue to monitor the economic environment, automotive demand trends in its various markets, and the future development of issues affecting the business,” the brand said in a statement.
