1984 Rx7 Gslse Rotary 13b on 2040-cars

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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.

2014 Mazda3

The Cure For The Common Corolla
I hate the Toyota Corolla. I'm not talking about the new 2014 model; I can't yet judge a car I haven't driven. I'm referring to the current, old-as-dirt sedan. As an appliance, I get why people buy it, but it represents everything that I, as a car enthusiast, dislike. I don't like looking at it, I don't like sitting in it, and I really don't like driving it. There is absolutely no amount of emotion dialed into any part of the Corolla experience and every other vehicle in the segment is a far better choice. But still, somehow, Toyota sells 'em like hotcakes.
Thankfully, there are a lot of people who agree with me. And for folks like us, companies like Mazda exist. This small Japanese automaker places emotion and driver involvement as its top priorities when creating new products, and mostly - especially in recent years - the end results have been great. The new CX-5 crossover is a doll, to say nothing of the rakish and lovely new Mazda6 that launched earlier this year. And let's not forget the Miata...

2019 Mazda 3 recalled because the wheels could fall off while driving

Here’s a recall we had to read twice before believing. Mazda is bringing in 25,003 Mazda 3s that just rolled off the assembly line, because the wheels may fall off while driving. All the Mazda 3s are 2019 model year cars, so itÂ’s only the totally new generation Mazda 3 under the gun here. Thankfully, Mazda says there are no cases of this occurring to owners, and therefore no injuries or deaths related to the issue. As for the cause of the wheel detachment? Mazda put out a statement explaining the issue at hand.  “A manufacturing process error may result in a gap between the wheel hub bolt and hub flange during assembly. This gap causes loosening of the lug nuts though they were initially tightened to the correct specification at the plant. A rattling noise occurs prior to a wheel detachment from the vehicle,” Mazda says. ItÂ’s heartening to see Mazda did in fact tighten the lugs at the factory, but still extremely troubling to see that they can loosen all on their own. Our advice? Walk on out to your shiny, new Mazda 3 and torque those lugs to spec. If you donÂ’t have a torque wrench, then just use the wrench that came with the car to make sure theyÂ’re not loose. Those that have a new Mazda 3 should be on the lookout for a recall notice in the mail. YouÂ’ll then be able to take the car to the dealer for Mazda to fix the problem. Until then, just keep an eye on your lugs. A wheel flying off while driving at speed is always a recipe for disaster, and we sure do enjoy driving the new Mazda 3 at speed.