Mazda Motor Corp. President Mark Fields said Thursday that the company plans to launch 36 new models over the next couple of years, following expectations that it has returned to profitability in the just-ended fiscal year.
"We will soon begin rolling out a wave of new products," Fields said, "16 in Japan alone over the next couple of years, 11 in North America and 9 in Europe."
Japan's fifth-largest automaker said last week the favorable impact of a weaker yen and cost-cutting efforts have led it to boost its earnings estimates for the year that ended March 31.