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2015 Mazda2 revealed ahead of Paris debut [w/videos]

Small cars may be big business, but the world's automakers don't seem to be in any particular rush to keep them fresh. The new Smart Fortwo unveiled yesterday replaces a model that's already been around for seven years, and based on a structure dating back to the late '90s. The new Opel Corsa revealed just last week replaces a model that had been around for eight years. And the Mazda2 has been on the market in its current form for seven years now, but not for much longer because Mazda has finally revealed its successor.
Set to be unveiled at the Paris Motor Show this October, the new Mazda2 follows the stylistic lead of the Hazumi concept remarkably close, from the sharply creased front end right down to the wheel design - bringing the supermini hatchback in line with the KODO design language that characterizes its bigger siblings: the Mazda3, Mazda6 and CX-5.
Although details released thus far are rather limited, and power will vary from one market to another, engine options center around a 1.5-liter four in both gasoline and diesel versions, joining the manual and automatic transmissions and the chassis itself under Mazda's Skyactiv technology umbrella. We wouldn't expect the diesel version to make it across the Pacific (or across the border from the plant that will build it alongside a new Toyota hatch in Mexico), but rumors have surfaced of a potential rotary hybrid. The new 2 will also include the company's MZD connectivity suite and i-Activsense safety technology.

Mazda3 officially unveiled

Mazda has officially pulled the sheets off of its 2014 Mazda3. The all-new compact boasts a wheelbase that's a full 2.4 inches longer than the outgoing model, yet the hatchback is a nearly two inches shorter from stem to stern. The machine is also lower and wider than before, which should give occupants plenty of space indoors. The driver gets treated to a new human-machine interface that features a new Active Driving Display for information like vehicle speed and navigation instructions conveniently in the line of sight. Likewise, the vehicle's infotainment system has received a complete rebuild.
Outside, the new Mazda3 makes full use of the company's KODO design language, and to our eyes, the result is one of the most attractive entries in the segment. Jump under the hood, and buyers can expect to find a Skyactiv-G 2.0-liter gasoline engine with 155 horsepower and 150 pound-feet of torque, though no fuel economy estimates are available. For those looking for a bit more thrust, Mazda also offers a 2.5-liter Skyactiv-G gasoline mill with 184 hp and 185 lb-ft of torque. So far there's no word on the diesel engine available to our friends in Europe.
Both engines can be mated to either a six-speed manual or a six-speed automatic and feature the automaker's i-ELOOP brake energy regeneration systems. The recaptured energy is stored in a capacitor and used to power the vehicle's various electrical systems.

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.