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Article: All-new Mazda 3 model launched.(Business)
- Article from:
- Manila Bulletin
- Article date:
- August 12, 2004
CopyrightCOPYRIGHT 2004 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mazda Philippines yesterday launched its flagship vehicle, Mazda 3, in a move to position the company as a strong contender in the domestic compact car market and as an exporter of this model to ASEAN countries.
David Macasadia, company managing director, said these goals are part of the $50 million additional investments committed by its parent firm last year.
Macasadia said the company hopes to sell 1,200 units for Mazda 3 for the remainder of the year. For next year, the company hopes to sell 3,600 units for their three vehicle models (Mazda 6, Tribute and Protege) from 1,600 sales target this year.
"We are ambitious and confident that we are ...