Mazda Motor Corporation sold a record tally of vehicles in the 2017-18 fiscal year ended 31 March 2018.

Sales rose 5% year on year to 1,631,000 units, a third consecutive record and the fifth year of growth.

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China's 11% increase to 322,000 units led the markets and there was a 4% hike in Japan to 210,000 units. North America and Europe each saw growth of around 1% to 435,000 and 242,000 units respectively. The CX crossovers accounted for 46% of sales with Europe CX-5 volume up 17%.

All that boosted sales revenue 8% to JPY3.47 trillion (EUR26.7bn). Operating profit was up 16% to JPY146bn (EUR1.12bn) and net income rose 19% to JPY112bn (EUR862m).

For the current fiscal year ending March 2019, the automaker is targeting global unit sales of 1,662,000 units – another record. The company pegs revenue at JPY3.55 trillion with an operating profit of JPY105bn and net income of JPY80bn. It plans an annual dividend of JPY35 per share, in line with the previous year.

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