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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 will introduce a groundbreaking new diesel engine in 2020

Mazda is preparing to introduce its first series-produced electric car, but it's not sending the diesel engine to the automotive graveyard. The company remains committed to turbodiesel technology, and it will take its efficiency to the next level when it introduces a new range of engines in 2020. "We are sticking to diesel engines. In 2020, we have a new approach to diesel engines. We will show you how clean and very efficient diesel engines can be," pledged Christian Schultze, the head of research and development for Mazda's European division, in an interview with British magazine Autocar. He declined to provide specific details about the breakthrough that made a cleaner, more efficient diesel engine possible. Asked about how the engine compared to SkyActiv-X, the carmaker's newest and most innovative gasoline-powered engine, he pointed out "there are not so many differences between [gasoline] and diesel." His announcement falls in line with Mazda's belief that it's crucially important to consider real-world emissions over the life cycle of a car, not just local emissions. The company has realistically stated the internal combustion engine -- whether it burns gasoline or diesel -- will "continue to be the base power for 85 percent of all cars up until 2035." It might join forces with a 48-volt electrical system, or it might be part of a plug-in hybrid drivetrain, but it will still be around in 15 years. To that end, it's important to keep improving the technology, and not to prematurely pen its obituary.  "We hope governments wake up and see that electrification is one way but there are others, too," Schultze concluded, adding that SkyActiv-X is a step in the right direction. Mazda will release more details about its next turbodiesel engine in the coming months, but it's too early to tell whether it will available in the United States, where demand for oil-burning cars has hit rock bottom. As of 2019, the only diesel-powered Mazda sold in America is an upmarket variant of the CX-5 (pictured). Auto News Mazda Diesel Vehicles

Mazda RX-Vision Concept revives the rotary

Mazda continues fighting to keep the rotary alive, and with the RX-Vision concept at the 2015 Tokyo Motor Show, the company unveils its dream for the engine's revival in a curvaceous sports coupe. Before any fans burst with excitement at the prospect, Mazda only "hopes" to have this gorgeous shape available in showrooms someday, for now. The RX-Vision starts with the classic elements of a front-engine, rear-wheel drive sports coupe by combining a long, low hood, short rear deck, and a passenger compartment way at the back. From there, Mazda's stylists add the swooping touches of the brand's Kodo design language. The result looks thoroughly modern and still subtly evokes generations of the RX-7 in the sculpted fenders and flowing roofline. Under that shapely hood hides Mazda's next-generation rotary, which the company has dubbed the Skyactiv-R. Unfortunately, details about it are quite scarce at the moment, including the displacement or even the number of rotors the engine uses. Still, Mazda is abundantly clear that development of the mill is very much moving forward. Mazda's designers opt for a retro flair inside with the deeply dished steering wheel and gauges in three pods. The rest is simple and elegant with a minimalist, metal gearshift rising from the center console and leather straps for door pulls. Finishing things off is a clean mix of red and black upholstery with a little carbon fiber for contrast. Expect live shots from Tokyo soon to show how the RX-Vision looks under the lights. Related Video: Mazda Reveals Mazda RX-VISION Concept -- Powered by next-generation rotary engine SKYACTIV-R, represents Mazda's vision of the future -- HIROSHIMA, Japan—Mazda Motor Corporation unveiled the rotary-powered Mazda RX-VISION sports car concept at the Tokyo Motor Show*1 today. The rotary engine is a symbol of the company's "never-stop-challenging" spirit. RX-VISION represents a vision of the future that Mazda hopes to one day make into reality; a front-engine, rear-wheel drive sports car with exquisite, KODO design-based proportions only Mazda could envision, and powered by the next-generation SKYACTIV-R rotary engine. Rotary engines feature a unique construction, generating power through the rotational motion of a triangular rotor. Overcoming numerous technical difficulties, Mazda succeeded in commercializing the rotary engine, fitting it in the Cosmo Sport (known as Mazda 110S overseas) in 1967.