Japan-based Mazda Motor Corp is expected to further strengthen
its sales operation in China, the world's second-largest auto
market, by establishing a new subsidiary in Beijing.
Mazda said the Beijing branch, established on November 1, will
play a role in coordinating the sales and marketing of Mazda models
in China.
The auto maker has set a target of selling 300,000 units in
China by 2010.
The car maker formed a new sales company in April this year to
handle the Mazda 3 sedan and upcoming Mazda 2 compact cars
manufactured by Chang'an Ford Mazda Automobile Co Ltd. The sales
company is scheduled to open in January. Mazda also partnered with
First Automotive Works Group to make the higher-end Mazda 6
sedan.
(Shanghai Daily November 6, 2007)
