The Mazda Motor Corporation today announced its financial and sales report for the first three quarters of the fiscal year, reporting global sales of 966,000 vehicles during the period 1 April to 31 December 2024, up 4% year-on-year.
In Europe, sales during the first three quarters of the year slightly decreased -4% year-on-year to 130,000 vehicles. Mazda’s North America registered a record-high sales volume of 464,000 units, up 22% year-on-year, thanks to the contribution of the CX-50, as well as large products such as the CX-70 and CX-90. In Mazda’s home market, Japan, sales were 102,000 units for the first half of the fiscal year, a 15% year-on-year decrease. China, Mazda’s biggest market in Asia, registered sales of 58,000 units, down 20%.
For the nine-month period, Mazda reported record highs, with net sales of ¥3.689,4 billion (€22.4 billion*), up 3% from the prior year, and an operating income of ¥148.3 billion (€899 million*). Net income was ¥90.6 billion (€549 million*).
Mazda forecasts a global sales volume of 1.33 million units for the full fiscal year ending in March 2025. The forecast for Mazda in Europe* is 183,000 units, making Europe the second-largest region for Mazda globally. Full year profit forecast remains unchanged from the one announced in November: Mazda forecasts net sales of ¥5,000 billion (€30.5 billion*), an operating income of ¥200 billion (€1.2 billion) and a net income of ¥140 billion (€853 million*) for this fiscal year.
The recent introduction in Japan and Europe of the new CX-80 and 2025 Mazda3 and CX-30 models, the EZ-6 in China, and the CX-50 hybrid in North America will enable Mazda to anticipate a significant volume growth in the last quarter to achieve the full-year sales forecast. While monitoring the business environment and future trends in automobile demand, Mazda will continue to focus on electrification technologies based on the multi-solution approach.
Recently, Mazda unveiled the all-new Mazda6e, the latest fully electric model to join Mazda’s lineup, which is set to be launched in Europe this summer. The company also announced plans to construct a new plant in Japan for cylindrical lithium-ion batteries, which will power Mazda’s first battery EV designed on a dedicated EV platform.
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*Euro figures for the first half of the fiscal year were calculated at €1 = ¥165 and for the full fiscal year at €1 = ¥164
