Mazda sees sales in China decline 4.2% YoY for first 10 months

Shanghai (Gasgoo)- Mazda Motor (China) Co., Ltd. announced that its retail sales in China declined 4.2% compared with the same period a year ago to 232,596 units for the first ten months. Besides, the automaker saw its Oct. sales plunge 25.3% over the previous year to 21,881 units in the country.

As to the performance of two joint ventures from January to October, FAW Mazda handed over 92,435 vehicles with a year-on-year (YoY) drop of 7.1% and Changan Mazda also faced a YoY decrease of 2.2% with 140,161 vehicles delivered in total.

By the end of October, Mazda has been suffering YoY drop in monthly sales from 6 consecutive months, according to the sales of previous months compiled by Gasgoo.

Nobuhiko Watabe, Chairman of Mazda Motor (China) Co., Ltd, said that the company's October sales were still less than that of the previous year and the stagnant PV market climate probably maintain until the end of the year.

The sales released by the China Passenger Car Association (CPCA) showed that China's PV sales in September decline 12% year on year (YoY) to around 2.0247 million units.

Changan Mazda will showcase the Mazda CX-8 7-seat 3-row SUV at the upcoming Guangzhou International Automobile Exhibition. In addition, FAW Mazda will also bring the all-new 2.5L version of the Mazda CX-4 in the show.