While the domestic market continues to be an important target market, vehicle sales in North America, and most notably the United States, remain Mazda's largest source of revenue. In the 2023 fiscal year, Mazda sold about 407,000 vehicles in North America.
Mazda's vehicle sales
Mazda's global vehicle sales for the fiscal year ended March 31, 2023, were down by some 11.3 percent year-on-year. According to the company, there is one main reason for the weak sales figures: a reduced output brought on the by the automotive semiconductor supply shortage, which impacted sales in all countries except Japan. Mazda was founded as Toyo Cork Kogyo Co. by Jujiro Matsuda in 1920 and officially renamed Mazda Motor Corporation in 1984. Mazda conducts business in North and South America, the Middle East and Africa, as well as Asia and Europe.
Mazda's global vehicle sales in FY 2023, by region
(in 1,000 units)
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Mazda. (May 13, 2023). Mazda's global vehicle sales in FY 2023, by region (in 1,000 units) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/
Mazda. "Mazda's global vehicle sales in FY 2023, by region (in 1,000 units)." Chart. May 13, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/
Mazda. (2023). Mazda's global vehicle sales in FY 2023, by region (in 1,000 units). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/
Mazda. "Mazda's Global Vehicle Sales in Fy 2023, by Region (in 1,000 Units)." Statista, Statista Inc., 13 May 2023, https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/
Mazda, Mazda's global vehicle sales in FY 2023, by region (in 1,000 units) Statista, https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/ (last visited September 19, 2024)
Mazda's global vehicle sales in FY 2023, by region (in 1,000 units) [Graph], Mazda, May 13, 2023. [Online]. Available: https://www.statista.com/statistics/267255/global-vehicle-sales-of-mazda-by-region-since-2006/