| TOKYO (XFN-ASIA)
- Mazda Motor Corp plans to increase by ffiscal 2008 domestic production
by about 15 pct from the fiscal 2006 level and introduce a hydrogen-electric
hybrid vehicle by that year, the Nikkei business daily reported without
citing sources.
Mazda will give details of plans
to increase production capacity and focus resources on green vehicles in
its medium-term business plan to start in the year to March 2008, which
will be announced tomorrow.
The Nikkei said Mazda plans to run
its two domestic plants at full capacity. At its Yamaguchi Prefecture factory,
it is set to upgrade painting equipment, which has been an obstacle to
increasing output. Domestic production, which is estimated at 990,000 units
for fiscal 2006, is to rise to 1.05 mln in fiscal 2007 and reach 1.15 mln
in the following financial year.
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