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Japan may aid carmakers facing U.S. tariff threat

TOKYO — Japan is considering giving carmakers fiscal support including tax breaks to offset the impact from trade frictions with the United States and a sales-tax hike planned for next year, government sources told Reuters on Wednesday. Going into a second round of trade talks with the United States on Sept. 21, Japan is hoping to avert steep tariffs on its car exports and fend off U.S. demands for a bilateral free trade agreement that could put it under pressure to open politically sensitive markets, like agriculture. "If the trade talks pile pressure on Japan's car exports, we would need to consider measures to support the auto industry," a ruling party official said on condition of anonymity because of sensitivity of the matter. The auto industry accounts for about 20 percent of Japan's overall output and around 60-70 percent of the country's trade surplus with the United States, making it vulnerable to U.S. action against Japanese exports. Japan's biggest automakers and components suppliers fear they could take a significant hit if Washington follows through on proposals to hike tariffs on autos and auto parts to 25 percent. Policymakers also worry that an increase in the sales tax from 8 percent to 10 percent planned for October 2019, could cause a slump in sales of big-ticket items such as cars and home. Prime Minister Shinzo Abe has twice postponed the tax hike after the last increase from 5 percent in 2014 dealt a blow to private consumption, which accounts for about 60 percent of the economy. To prevent a pullback in demand after the tax hike, the government may consider large fiscal spending later when it draws up its budget for next year, government sources said. "One option may be to greatly reduce or abolish the automobile purchase tax," one of the government sources said. The government is also considering cuts in the automobile tax and automobile weight tax to help car buyers, the source added. Reporting by Izumi Nakagawa and Tetsushi KajimotoRelated Video: Image Credit: Getty Government/Legal Isuzu Mazda Mitsubishi Nissan Subaru Suzuki Toyota Trump Trump tariffs trade

Bauer Catfish is a Miata-based trackstar in the making [w/videos]

We're not trying to make a joke here. The creation you see above really is called the Bauer Catfish, and while the name is about as attractive as your average bottom feeder, the car itself is built on a sexy notion. Take the mechanical bits of one 1990-2005 Mazda MX-5 Miata, add in a tube chassis for as little weight as possible, complete with some custom body work and go forth. Bauer says the finished product weighs in at just 1,550 pounds, and the company will be happy to pull the stock four-cylinder to drop in a healthy General Motors LS V8.
The pre-production prototype shown above competed in last year's 25 Hours of Thunderhill, finished the race and earned a spot on the podium in the "anything goes for sports racers" ESR class. Very cool.
If you're looking for a dedicated track car, it may not get any better than this for the money. Expect to pay around $13,900 depending on options, plus the cost of your donor Miata. That's a good sight cheaper than a used Chevy Corvette Z06 and likely to be quite a bit more fun. After you're done watching it in action in the brief videos below, check it out over at Bauer Ltd.

2021 Mazda CX-3 gets a few more features, costs same as in 2020

The Mazda CX-3 is still down there at the foot of the Mazda lineup, chugging into 2021 and its seventh year on sale. The subcompact hatchback hasn't been overhauled since its debut and in 2020 had its three trims rationalized to one trim, so it gets denied the attentions paid to the Mazda3 and the CX-30. Those with an eye on the CX-3, however, will pay the same amount in 2021 as buyers did in 2020. Mazda announced a base price of $20,640 for the sole CX-3 Sport model, for a total of $21,740 after the $1,100 destination charge. Going from a Sport FWD to the Sport AWD adds $1,400, coming out to $23,140. Mazda's littlest crossover is powered by a Skyactiv-G 2.0-liter four-cylinder producing 148 horsepower and 146 pound-feet of torque, shifting through a six-speed automatic. The nicer, newer, larger CX-30 is powered by a Skyactiv-G 2.5-liter inline-four that it shares with the Mazda3, producing 186 horsepower and 186 pound-feet of torque and mated to a six-speed auto. The front-wheel drive CX-30 starts at $23,000 after destination, $1,260 above the CX-3, the AWD CX-30 maintaining the same price gap at $24,400.    Related: Least expensive vehicles to insure in America   New for the 2021 CX-3, the i-Activsense suite has been updated with night pedestrian detection for the low-speed forward collision alert and avoidance system, and the LED headlights are self-leveling with enhanced auto on/off activation. The standard driver safety systems also include adaptive cruise control, automatic emergency braking, blind spot warning with rear cross-traffic alert, and lane departure warning. There's a seven-inch touchscreen infotainment system with Mazda Connect, Android Auto, and Apple CarPlay, and remote keyless illuminated entry thrown in, too. The Sport trim goes with a louver-styled grille, roof spoiler, and 16-inch alloys. In fact, other than the cost-extra colors Machine Gray Metallic, Snowflake White Pearl Mica, and Soul Red Crystal Metallic on the eight-strong exterior palette, and some minor cosmetic options, the basic CX-3 is the only CX-3. It will reach dealer lots next month. Related Video: