Mazda Plans to Expand Its Production Capacity in China

Mazda Motor Company has recently announced that it wants to expand its production capacity in China, in order to satisfy the increasing demand in the country, as Bloomberg reports.

We need to expand current capacity when we look into next year and the year after, Chief Financial Officer Kiyoshi Ozaki was quoted as saying by the aforementioned source. However, Ozaki did not provide exact figures for the company’s plan.

Mazda, which is 11 percent owned by Ford Motor Co, has set a China sale… (read more)