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Mazda books first yearly profit in half-decade, NA still a drag

Automotive News reports Mazda has posted its first annual profit in five years. The company made $364.3 million in the last fiscal year, following a $1.14 billion loss the year prior. Operating profit also jumped up by $91.3 million to $572.8 million, thanks in part to a revenue increase of 8 percent to $23.42 billion.
But the news isn't all rays of sunshine. North America continues to be a problem for Mazda where the automaker posted yet another loss. The manufacturer lost $519.1 million last year, up from $427.8 million the year prior. While the launch of the CX-5 helped see US sales increase by 2 percent to 273,000 vehicles, the region as a whole bought up 372,000 units. Mazda had predicted closer to 380,000 units.
Even so, Mazda says it should have North America back in the black by next year, with the company forecasting a sales increase of 11 percent to 415,000 units in the region. That's thanks in part to a boost from the redesigned Mazda6 sedan.

Mazda Hazumi Concept previews next Mazda2 in Geneva [w/videos]

The official photos of Mazda's Hazumi concept leaked out yesterday, but we have finally gotten to see it in real life at the Geneva Motor Show. Our view is that its Kodo lines looks as good on the diminutive car's sheet metal as they did in photos.
The Hazumi was designed to appear to be bursting with energy, and it seems to deliver. While Mazda refuses to actually say that this is the concept for the next Mazda2, it makes it clear that the little hatchback is "foreshadowing Mazda's next-generation subcompact car." We can all read between the lines.
Hazumi also introduces the new Skyactiv-D 1.5-liter diesel engine but details about it are scant at the moment. The specs for the engine are still unannounced, but the company promises that it is both very efficient and has lots of torque for its size. Mazda is also promising that its Mazda Connect infotainment system will be available in the car too. Scroll down for the brief press release a brace of videos that celebrate the tiny concept's arrival.

Mazda recalls 109k Tribute models for rust issue

The Mazda Tribute is being hit with a similar recall as its platform-mate the Ford Escape underwent a few weeks ago. Mazda is recalling 109,000 Tributes from model years 2001 to 2004. On the trucks, the subframe can rust from road salt, potentially causing the lower control arm to detach. If this happens, a loss of steering control could occur.
Mazda is adding a reinforcement crossbrace for added strength on the affected models. The recall covers Tributes currently registered in or originally sold in 20 northern states and Washington, DC, where road salt is used.
The reinforcement braces aren't available yet to do the repair. Mazda will send a letter in May to owners of affected vehicles that will inform them of the problem, and a second letter telling them when the parts will be ready. Scroll down to read the full recall press release.