Mazda Motor Corp. announced its new midterm business plan Thursday, aiming to raise its operating profit to 200 billion yen in its 2010 business year, up 26.5 percent from its projection for fiscal 2006.
Under the four-year business plan, through the end of March 2011, Mazda aims to sell 1.6 million vehicles globally and see an operating-profit margin of 6 percent in fiscal 2010.
Mazda said the growth in car sales will come from boosting sales in China, Europe and North America.
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