Mazda targets oper profit over Y200 bln in 2010/11

Newswire

TOKYO, March 22 (Reuters) - Mazda Motor Corp. said on Thursday it would target an operating profit of more than 200 billion yen ($1.70 billion) and global sales of over 1.6 million vehicles by the end of a new four-year business plan ending in March 2011. The Hiroshima-based carmaker, which is held one-third by Ford Motor Co. , also said it would expand production capacity in Japan to 996,000 units a year in the business year to March 31, 2008, up from 898,000 currently.

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