Mazda, owner of the Compañía Colombiana Automotriz assembly plant in Bogotá, Colombia, is to increase output by 40%, responding to steadily growing demand for its cars in the Andean countries.
The Japanese automaker, part-owned by Ford, will invest append $US3.5m expanding the plant and hopes to boost export volume by 35% in the next year.
The Bogotá plant assembles car models including the Allegro (a previous generation 323), 3, 5 and 6 plus B-series pickup trucks sourced from Thailand. It also builds Ford Ranger trucks (also Thai-sourced) and the previous-generation Mitsibishi Montero (Pajero/Shogun) SUV under contract.
Fabio Sánchez, the facility’s new president, said the three Andean countries (Colombia, Venezuela and Ecuador) “will share a market of around 520,000 units in 2006” and that “Mazda has grown exports 26% in the first half of the year”.
Mazda is currently in fourth place on the Colombian best sellers list after GM’s Chevrolet, Renault and Hyundai.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataJuan Vargas