MZDAY - Mazda sales declines 16.5% in January

Mazda (OTCPK:MZDAY -2.3%) North America reported a -16.5% Y/Y drop in unit sales to 21,079 vehicles in January 2022. It, however, shows improvement on sequential basis compared with 19,422 vehicles sold in December 2021. The daily selling rate was down 16.5% during the month. Car sales were down 17.4% Y/Y to 4,112 units, while truck sales dropped 16.3% to 16,967 units. Region-wise: Mazda Canada sales down 13.5% Y/Y to 3,493 vehicles in January; Mazda Motor de Mexico sales declined 7.8% Y/Y to 3,474 vehicles. Earlier (Jan. 26), EU commercial vehicle sales fell 8.4% in December

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Mazda sales declines 16.5% in January