Mazda will soon withdraw from the luxury car market, Reuters reported, citing the Nihon Keizai Shimbun business daily. The report cited the paper as sayin Mazda, one-third owned by Ford, will stop production of the Millenia by the end of this year and halt sales by the end of 2004.
The report cited the paper as sayin Mazda, one-third owned by Ford, will stop production of the Millenia by the end of this year and halt sales by the end of 2004.
The report added that move would concentrate Mazda’s resources on small and midsize passenger vehicles as well as sports cars, where the company has considerable strength and noted that only 1,300 units of the Millenia were sold last year.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.
