Mazda mark major milestone | Industry - Car News May 2018

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15:24 Thursday 31 May 2018

Mazda marked a major milestone this month as the 50-millionth vehicle rolled off its Hofu production line in Japan’s Yamaguchi prefecture.

The company began producing vehicles in October 1931, when the first Mazda three-wheeled truck was built in Hiroshima.  Mazda entered the passenger car market in 1960 with the R360 Coupe.  It opened a second domestic plant in Hofu in 1982.

Masamichi Kogai,Mazda, CEO and President, said: “Mazda began making cars 86 years ago, and now we’ve reached 50 million units of production in Japan. Even making 1 million cars a year, it would take 50 years to reach this milestone, showing just how long Mazda’s history is”.

Mazda has an ambitious plan to sell 1,660,000 cars this financial year, as part of a strategy to grow the brand and establish a global production framework capable of manufacturing two million units annually by 2024. 

 

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