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Wednesday, August 14, 2013

Mazda to open in Cambodia to meet surging demand for new cars



Mazda to open in Cambodia to meet surging demand for new cars


The Cambodia Herald-14-08-2013: Japan's Mazda Motor Corp plans to establish a presence in Cambodia to ship the CX-5 sports utility vehicle and four other models from Thailand and Japan, the Nihon Keizai Shimbun reported Tuesday.

The report said the move was part of the carmaker's goal of boosting annual sales in Association of Southeast Asian Nations member states by 50 percent to 150,000 units by fiscal 2015.

"As Mazda's official sales agent, Phnom Penh firm HGB Auto Co will open the Japanese carmaker's first Cambodian dealership in the capital as soon as later this year," said the report from Hiroshima, where Mazda is based.

The Japanese newspaper said the Mazda 3 subcompact and the BT-50 pickup truck would be exported from a Thai joint factory with US carmaker Ford Motor Co. The CX-5 and CX-9 SUVs and the Mazda 6 will be shipped from Japan.

"Pre-orders are already being taken," the Nikkei said, noting that new-car sales are "surging in Cambodia, where road networks are growing." Last year's sales were estimated at 1,550 vehicles, double the 2005 level, according to the International Organization of Motor Vehicle Manufacturers.

After the Cambodian debut, the report said Mazda would  have a presence in all ten ASEAN member countries except Myanmar.


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