1998 Mazda 626 Lx on 2040-cars

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Mazda's first profit in five years in sight due to weak yen

Automotive News reports Mazda is set to turn a profit for the first time in five years. The automaker is more dependent on exports from Japan than other automakers based in that country, and as a result, it has long suffered at the hands of a strong yen. But the currency has declined in value by some 16 percent over the past six months and Mazda's shares have tripled in value to their highest level since 2008. Contrast this situation to a year ago when Mazda printed 1.22 billion new shares to raise cash. The move was equivalent to 70 percent of the company's then-outstanding stock, and values tumbled to record lows as a result.
Now that the yen has fallen to a value of around 96 per dollar, Mazda operations in the US are more profitable and the company now projects it will earn around $279 million for the next fiscal year. Automotive News says a one yen change against the dollar can have a 9.1 percent impact on Mazda operating profit compared to 4.7 percent at Subaru parent Fuji Heavy Industries or 3.1 percent at Toyota. Those automakers better insulate themselves from currency fluctuations with overseas manufacturing facilities.

Mazda Hazumi Concept shows up ahead of Geneva

Last week, Mazda officially teased its Geneva-bound Hazumi concept, showing little more than an aggressive headlamp design. But now, thanks to the magic of the Internet, another rendering of the Hazumi has appeared on the web, and, well, it's totes adorbs.
In Mazda's original release from last week, we were told that the name "Hazumi" means "spring up" or "bound" in Japanese, and is "particularly well-suited to a small car that appears to be bursting with energy." And now that we're getting a nearly full glimpse of the thing, we absolutely have to agree. The company's Kodo design language offers aggressive style in a cute little shape, and the usual raft of concept car-spec treatments (no mirrors, huge wheels, etc.) make it look even more comical and delightful.
Indeed, the Hazumi is understood to preview the next Mazda2 subcompact, and if this concept car points the way forward for Mazda's tiniest hatch, consider us totally geeked. Mazda is also set to debut its new 1.5-liter Skyactiv-D diesel engine at the Geneva Motor Show next week, and while the company hasn't confirmed if that powerplant will make its way into the next Mazda2, it sure makes sense, at least overseas. Stay tuned.

2014 Mazda6 i Sport

In an automotive landscape dominated by platform sharing, technology exchange and any number of other cross-fertilization/cost-saving/amortization exercises, it's actually pretty rare that we get to drive a new car that is as "all-new" as this, the 2014 Mazda6. With brand-spanking new Skyactiv architecture throughout - engine, transmission, body and chassis all included - this 6 represents a new era of flexible production and cutting edge running gear for the happily lithe car company.
Our own Jonathon Ramsey did a cracking job of running the Mazda6 through its First Drive paces a few months ago, and sufficiently impressed upon us just how good looking a car this is for the midsize sedan segment. Suffice it to say, now, then, that this is easily the most interesting (and quite possibly the most beautiful) midsize sedan in the segment today. However, as Mr. Ramsey reviewed a fully contented example of the 6 - one equipped with the six-speed automatic transmission - we took advantage of Mazda's North American launch event of the car to suss out the base Mazda6 i Sport, complete with its six-speed Skyactiv manual gearbox. This may not shock you, but the stripper's pretty good, too.
Driving Notes