Mazda Motor Corp. said Monday it will produce its Premacy wagon in China starting in June in collaboration with Chinese carmaker First Auto Works Hainan.
Production of the vehicle, exclusively for the Chinese market, is expected to reach around 20,000 units in 2004, Mazda President Mark Fields told a news conference.
"The new business in China will meet the Chinese policy of developing their automotive industry and improving their means of transportation as well as providing Mazda with an excellent growth opportunity," Fields said.