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FINANCIAL NEWS
Mazda plans to sell 4,000 cars in the Egyptian market
22 Mar 2016
(MENAFN) Japanese Mazda intends to sell 4,000 cars by the end of this current year, and looks to attain 2.5 percent of the imported private cars market.
Furthermore, the firm sold 2,100 cars last year, a rise of 12 percent compared to sales in 2014.
Accordingly, the Japanese automaker has been present in the Egyptian market for more than six years, while 2015 saw a boom in terms of the firm’s sales.
Mazda is working on launching a new type of SUV model in the next period, which will be proclaimed in 2017, but it also suffered from the lack in dollar liquidity.
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