Mazda sees new SUVs boosting U.S. sales a third by mid-decade -U.S. chief

- Advertisement -


DETROIT, Nov 15 (Businesshala) – Mazda Motor Corp. expects the Japanese automaker to increase US new vehicle sales by a third by mid-decade by the rollout of three new sport-utility vehicles starting with the CX-50 next year. will gain help in. The company’s North American chief executive said on Monday.

- Advertisement -

The company expects US sales to end “on the order of 330,000” this year, up from about 280,000 last year, when supplies were affected by semiconductor shortages, Jeff Guyton told Mazda’s mid-size CX in an interview. Said after unveiling the -50. Mazda’s US sales jumped 30% to nearly 293,000 as of October this year.

- Advertisement -

With two large SUVs joining the CX-50 by 2023, the sales of the Guyton are set to grow further.

“We see significant growth coming from the CX-50, and the CX-70 and CX-90,” he said. “Maybe they won’t all mature in 2022, but by the middle of the decade, I expect we’ll have the equivalent of 450,000 in America”

- Advertisement -

Mazda is scheduled to launch the CX-50 in January at a plant built with Toyota Motor Corp. in Huntsville, Alabama. Toyota, which has a 5% stake in Mazda, already manufactures the Corolla Cross crossover vehicle at its $2.3 billion plant. Which would have an annual capacity of 300,000 vehicles divided equally between the two automakers.

Guyton said the launch remained on track despite an “ongoing feast” of supply-chain constraints such as chip shortages, high raw material costs and port congestion.

“I don’t see that going to affect our launch cadence right now. We don’t see it,” he said. “We have a steady build up of production in January and then through the spring.”

Guyton said the Alabama plant was built to be able to produce electric vehicles in the future, but said no plans have been announced beyond a hybrid version of the CX-50.

Mazda has said it plans to launch 13 electrified vehicles by 2025, including five hybrid models, five plug-in hybrids and three pure electric vehicles. Guyton said Mazda had not made any announcements surrounding any battery joint ventures. (Reporting by Ben Kellman in Detroit; Editing by Dan Grebler)

,

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox