TOKYO -- As Mazda Motor has failed to reap the hoped-for profits from a flurry of investment in expanding and tweaking its vehicle lineup, it is betting on a new line of high-end, high-priced SUVs to fatten its slim margins.
Automobiles
Mazda seeks to escape cycle of low returns with luxury SUVs
Thin margins weigh on shares despite strong U.S. sales
Mazda's new CX-90 luxury SUV can cost as much as $60,000, a range previously missing from its lineup. (Photo courtesy of Mazda)
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