2012 Mazda Miata Mx-5 Touring Automatic on 2040-cars

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Mazda planning 'aggressive' dealer shakeup

Mazda has set an ambitious goal of selling 400,000 units by the end of the 2015 Japanese fiscal year in March 2016, and to do that, it's going to need to take some aggressive action. That means that underperforming members of its 637-showroom strong dealer network are about to get the axe.
The purge won't just be limited to dealers that aren't performing, though. Mazda will seek to consolidate poorly located dealers and build new showrooms in better locations. It still isn't clear how many dealers are being targeted or at what point Mazda would end its cull.
This consolidation of dealers is all part of a one-two punch for the Japanese brand, that will also see increased marketing efforts in 35 key areas. Of those markets, Mazda is placing a special emphasis on New York and LA, although there's not much mention of what other regions are being looked at.

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 MX-5 GT gets green light

The Mazda MX-5 Miata is as popular around the Autoblog offices as Kate Upton posters are around fraternity houses. Few staffers have much criticism for Mazda's ubiquitous roadster, and fewer still aren't overjoyed when one arrives in their driveway. So you can imagine how a report from Auto Express about a more potent MX-5 model is going over in our offices today.
The new model, which was shown in concept form as the Mazda MX-5 GT at the Goodwood Festival of Speed, has a slight catch, though. First, we have absolutely no idea if Mazda will bring the MX-5 GT to the US. Secondly, and perhaps more problematically, this isn't a production car - it's a kit from the team at Jota Sport.
Now, to be fair, the kit doesn't sound like a bad thing. It bumps the UK-spec 2.0-liter, 157-horsepower engine up to 203 hp thanks to a sports exhaust and a revamped ECU (46 horsepower from an ECU and exhaust in a naturally aspirated car?). To make the little Miata even more agile, Jota has also fiddled with the suspension. AE doesn't mention things like the grippy tires or Recaro seats that were found on the concept, though.