Mazda Strengthens Sales in Russia.Tokyo, Japan, Feb 9, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Mazda Motor Corporation has announced it received approval at the end of 2005 to establish a local distribution company in Moscow. The new national sales company (NSC NSC abbr. National Security Council Noun 1. NSC - a committee in the executive branch of government that advises the president on foreign and military and national security; supervises the Central Intelligence Agency ) will commence business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets in April 2006. Mazda expanded the scope of what had been its representative office in Moscow by injecting 100 percent of the capital into the new distribution company. Mazda's new NSC has the goal of further strengthening sales in the rapidly expanding automotive business in Russia The new company is called "Mazda Motor Rus, OOO (1) (Optical in Optical processing Optical out) Refers to network devices that maintain the photonic transmission signal without converting back to electrical signals. Contrast with OEO. See optical switch. (2) (OOo) See OpenOffice.org. ." ("OOO" is the Russian Russian associated in some way with Russia. Russian blue a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes. equivalent of limited liability company defined under its legal code.) Mazda's representative office in Russia was set up in December 2004, and its head, Joerg Schreiber, has been appointed managing director of the new national sales company. Mazda Motor Rus will play a unifying role in several areas of the Mazda business in Russia, such as importation and distribution of Mazda-brand vehicles, parts and accessories; improving technical skills and service instruction for employees; and marketing efforts. These measures are Mazda's response to the rapid growth of the automotive business in Russia. With 20 employees as of December 2005, preparations for the start of business operations are proceeding smoothly to meet the projected start of operations in April 2006. "Mazda is moving into high gear to raise our profile and develop our business infrastructure in Russia, " said Daniel T. Morris, who is responsible for Mazda's global Marketing, Sales and Customer Service Division as a senior managing executive officer. "Our new national sales company is another step forward, established to provide unified and consistent support from Mazda to our dealers and, most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , our customers. By locating in the capital city, which is also a hub of the auto industry in Russia, we can move swiftly and efficiently to achieve maximum results in this growing market." Mazda began full business operations in Russia in 2003, with strong sales growth attributable to the favorable reception Noun 1. favorable reception - acceptance as satisfactory; "he bought it on approval" favourable reception, approval acceptance - the state of being acceptable and accepted; "torn jeans received no acceptance at the country club" of the Mazda3 and Mazda6. In 2004, Mazda sold 8,465 vehicles in Russia, a 360 percent increase compared to the previous year's result. Sales mushroomed in 2005 to 21,120 units, up nearly 150 percent on 2004's results, which made Mazda the fastest growing brand in Russia for two consecutive years. Further growth is expected this year, with 28,000 unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. projected in 2006, a rise of 30 percent compared to 2005. Company Overview
Name: Mazda Motor Rus, OOO
Date established: December 2005
Management team /
Board of Directors: Joerg Schreiber, Managing Director
Employees: 20 people
(including two members dispatched from Mazda Motors
Europe)
Number of dealers: 17
Business lineup: Passenger cars - Mazda3, Mazda5, Mazda6, RX-8
Commercial vehicle - B-Series Truck
About Mazda Motor Corporation Mazda Motor Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines rotary engine, internal-combustion engine whose cycle is similar to that of a piston engine, but which produces rotary motion directly without any conversion from reciprocating motion. . Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe for over 30 years. Overseas sales account for more than half of total turnover. Mazda has two main production sites in Japan and 19 overseas facilities. Overseas sites include joint ventures based in the United States, and in Thailand with Ford Motor Company, Mazda's largest shareholder. Source: Mazda Motor Corporation Contact: Mazda Motor Corporation Mr K. Yoshitake yoshitake.k@tky.mazda.co.jp +81-82-282-1111 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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