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March 3, 2010

JAPAN: Mazda begins to hire temps as production rises

Mazda Motor is to hire 150 workers by the end of April as it begins to increase production at its plant in Hiroshima, local reports said.

Mazda Motor is to hire 150 workers by the end of April as it begins to increase production at its plant in Hiroshima, local reports said.

Kyodo News reported that the workers will be recruited without the mediation of a job placement agency for the first time in 10 years. Their six-month contracts can be extended to a maximum of three years, it added.

Early in February Mazda reported an operating profit of JPY11.1bn for the October-December quarter, against a JPY24.2bn loss a year earlier. Sales rose nearly 9% to JPY557.5bn. The Japanese company also lifted its full-year operating forecast to a profit of JPY5bn from a loss of JPY12bn following stronger-than-expected sales in China which has emerged as its single-biggest market since November, with its sales there rising nearly 70% from a year earlier to 57,000 units in the October-December quarter.

Mazda said sales were also strong in markets such as Australia and Israel, and that it got a boost from a softer-than-expected yen against the Australian and Canadian dollars.

Later in February, Mazda said it also planned to increase production capacity in China. Mazda is expecting to boost its China sales 22% this year as economic growth spurs demand. It has a joint venture in the country with Ford and Chongqing Changan Automobile which operates two plants.

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