Japanese automaker Mazda posted a profit this quarter due to strong demand for the new crossover CX-50 and CX-90 models. informs Automotive News Europe.
In the first quarter of this fiscal year, which ended June 30, Mazda’s operating profit rose to 30 billion yen (20.4 billion rubles), offsetting a loss of 19.5 billion yen (13.3 billion rubles) a year earlier.
Global sales for the reporting period increased by 32% to 309,000 vehicles, driven by sales growth of 61% in North America and 46% in Europe, where 44,000 vehicles were sold.
According to Mazda CFO Jeffrey Guyton, the new crossover lineup, including the CX-90 and CX-60, generates profits per production unit, which is twice the series average. Sales were particularly strong in the US, where the CX-90 and CX-50 became the basis of the updated lineup.
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