In an interview at the Geneva auto show last week, Mazda Europe President Jeffrey Guyton said that for the fiscal year ending this month, the company expects sales to decline to about 180,000 units in its 41 European markets from 212,000 units in the fiscal year ended in March 2011.
Mazda's Europe region comprises the EU, plus Switzerland, Norway, Turkey and Russia.
The new forecast, which implies a decline of about 15 percent, reflects European sales weakening in the final quarter of 2011 and in the first quarter. At the Frankfurt auto show in September, Guyton said Mazda was expecting flat sales at about 210,000 units for the fiscal year ending this month.
For the fiscal year beginning in April, Guyton expects Mazda sales to rebound, but he declined to give a specific figure.
New product boost
Mazda will launch sales of the CX-5 compact crossover in Europe by late April with a price range expected between 20,000 euros and 35,000 euros, Guyton said. Mazda expects to sell about 40,000 CX-5s in Europe in a full year, or a quarter of the vehicle's 160,000-unit global output.
Mazda will unveil in September at the Paris auto show the new Mazda6 mid-sized sedan, a model previewed by the Takeri concept, which had its European debut at the Geneva show.
The new Mazda6 will go on sale in Europe in early 2013 and will have the company's Skyactiv technologies that debut on the CX-5. Skyactiv is the term for Mazda's new lightweight vehicle bodies and chassis systems and high-efficiency powertrains including gasoline and diesel engines.
In the fiscal year ended in March 2011, Mazda Europe reported its operating profit rose 125 percent to 7.9 billion yen (72.8 million euros). In the nine months from April to December 2011, operating profit rose 46.8 percent to 6.9 billion yen (63.6 million euros) from the same period in the previous fiscal year.