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Mazda3 to showcase CNG, Hybrid versions in Tokyo
Tue, 22 Oct 2013Mazda has made huge gains in its competitive set with the introduction of its Skyactiv technologies, and the Japanese automaker appears to have no plans on slowing down. While we're still waiting for the Mazda6 Skyactiv-D diesel to go on sale in the US, Mazda announced that it will debut new Skyactiv-Hybrid and Skyactiv-CNG versions of the Mazda3 (standard US-spec model shown above) at next month's Tokyo Motor Show.
Matching up with what we heard earlier in the summer, the Mazda3 Skyactiv-Hybrid is intended for Japan only, but there are no details about this system regarding fuel economy, electric components or specs. Likewise, there are no details for the Mazda3 Skyactiv-CNG Concept, which is a bi-fuel version of the car running on both gasoline and compressed natural gas. As this car's name suggests, the CNG model is a concept vehicle, and there is no indication that Mazda plans offering such a model here in the US.
In addition to these two vehicles, Mazda will also have an Atenza (Mazda6) on display showing off some vehicle-to-vehicle (V2V) safety systems, called the ASV-5 (Advanced Safety Vehicle). Scroll down for Mazda's official press release.
Mazda6 Skyactiv-D Racecar ready to bring diesel to Grand-Am
Tue, 15 Jan 2013It may not be quite as radical as some of the company's past rotary racers, but the new Mazda6 Skyactiv-D racecar does have a notable powertrain underhood: the automaker's brand-new clean diesel four-cylinder engine.
Three of these new diesel-powered Mazda6 racers will take to the track in the Grand-Am GX class of the upcoming 2013 Rolex 24 at Daytona on January 26, with five drivers on each team. The car you see above, number 70, is sponsored by Mazda's longtime motorsports partner, SpeedSource.
Check out our full gallery of high-res images live from the 2013 Detroit Auto Show above and feel free to read through the related press release from Mazda below.
Mazda's first profit in five years in sight due to weak yen
Fri, 05 Apr 2013Automotive 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.