Mazda has reported higher global sales and a return to stronger profitability in the first quarter of its 2027 financial year, with growth driven by Europe and North America.
The Japanese manufacturer sold 304,000 vehicles worldwide during the three months to June 30, up 1% on the same period last year.
European sales increased 12% to 43,000 vehicles, supported by strong demand for the new CX-5 and Mazda6e. Mazda says the launch of the all-new CX-6e later this year will further strengthen its electrified SUV range in the region.
North American sales rose 5% to 154,000 vehicles, while sales in China, Mazda’s largest Asian market, were unchanged at 18,000 units. Sales in Japan increased 3% to 33,000 vehicles.
Financially, Mazda reported net sales of ¥1.29 trillion (NZ$14.14b) for the quarter, while operating income reached ¥32.8 billion (NZ$361m).
The result marked a year-on-year improvement in operating income of ¥79 billion (NZ$869m).
Net income for the quarter was ¥29.6 billion (NZ$326m).
Mazda has maintained its full-year outlook despite continuing to monitor global market conditions.
The company expects global sales of 1.324 million vehicles for the year ending March 2027, with growth primarily coming from Europe and North America.
It forecasts annual net sales of ¥5.55 trillion (NZ$61.05b), operating income of ¥150 billion (NZ$1.65b) and net income of ¥90 billion (NZ$990m).
Mazda says it will continue to monitor economic conditions, vehicle demand and other factors affecting the business while progressing its electrification strategy.
