UPDATE 2-Mazda's business plan aims for 27% profit growth

Newswire

(Adds details, analyst comment, byline) By Chang-Ran Kim, Asia auto correspondent TOKYO, March 22 (Reuters) - Mazda Motor Corp. unveiled a new business plan on Thursday aimed at boosting its operating profit by more than 27 percent in four years through further product-led growth and accelerated cost cuts. The Hiroshima-based carmaker one-third-owned by Ford Motor Co. easily surpassed its profit target under the current business plan ending this month as it won drivers over with the ...

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