Japanese auto maker Mazda is reportedly working on a new compact crossover CX-3 which could raise serious competitions to the current Indian SUV market leader Ford EcoSport.
According to Motoring.com.au, Mazda is likely to come up with CX-3 SUV soon as the global markets continue to post huge demand for SUVs. Although Mazda Australia's MD, Martin Benders hinted the production of a SUV to tap the current market trend, nothing concrete has been said about the car.
CX-3 is expected to be a SKYACTIV platform based vehicle. The vehicle would also be a challenger to Renault Duster and the upcoming Honda SUV.
The sales of SUV in the emerging markets like Brazil and India have seen consistent growth for the past couple of months and the market analysts predicted that the current growth rate in this sector is likely to continue for some more time.
"If you think about the downsizing that's happening, that segment would work here [Australia], it would certainly work in Europe as there's a stack of small SUVs there already. But I question whether it would work in the US as I don't know if they've actually downsized that far yet," Mazda Australia's MD, Martin Benders told website Motoring, adding that "We have Canada above and Mexico below which also offer alternate sales options there, so who knows. With this new platform technology, the bigger the volume the better, so yeah, they'd be looking to see where they could export it."
It was also reported that Mazda may look at the possibility of exporting its upcoming SUV to the developing markets like India and Brazil where the compact SUV EcoSport is registering amazing trade.