Tokyo: Mazda Motor will assemble its Mazda2 subcompact car in Vietnam from October as the company aims to expand in emerging markets.
The Hiroshima-based automaker plans to produce about 2,000 units of the vehicle a year at a plant owned by Vina Mazda Automobile Manufacturing, its local distributor, according to a statement posted on its website on Tuesday.
Mazda began selling its Japan-made Mazda2, Mazda3, Mazda6, and its Thailand-made Mazda BT-50 model, in Vietnam from March this year.
With the new cars that will be locally made and imported vehicles, Mazda aims to sell about 1,200 units in Vietnam this fiscal year, Yukari Hara, a company spokeswoman, said at a briefing in Tokyo on Tuesday.
Expansion
"In the future, we aim to expand this to 10,000 units a year," she said, without giving a time frame. The company also aims to expand its dealerships to 11 stores by the end of the this year from the current eight outlets.
