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Mazda profits rise on solid U.S. sales

Mazda profits rise on solid U.S. sales

Mazda posted a 24 percent jump in profit for the January-March quarter and chalked up its third straight year of record earnings Friday on strong U.S. demand for a new sport-utility vehicle and other popular models.
Mazda Motor Corp., 33.4 percent owned by Ford Motor Co. of the U.S., posted group profit of 31.6 billion yen (US$264 million;