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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.

2018 Mazda6 Wagon: Beautiful but forbidden

Mazda has finally revealed the updated Mazda6 wagon it announced a few weeks ago. It's just as beautiful as we expected. The exterior features most of the same updates as the sedan version. They include a grille with more depth and dimension, a cleaner lower fascia, and headlights that are more integrated with the grille. Inside, the dashboard has been revised to look less cluttered, and the high-end leather and suede trimmings of the Signature trim are available. View 12 Photos Of course, the 2018 Mazda6 wagon still won't be available in America. And that's particularly disappointing, especially for this author, because the car looks so great. But we do understand the reasons why. Nobody buys wagons, at least without plastic body cladding on them. Plus, Mazda already offers the CX-5 here in the United States, and it serves effectively the same purpose, but in a much more popular crossover package. Seriously, the CX-5 is Mazda's best-seller over the last two months, selling more than twice as many as the next best-seller, the Mazda3. But there's still a silver lining to our lack of a wagon. You see, a close examination reveals that while the European Mazda6 sedan and wagon get most of the same updates as those in the American market, they won't get the 250-horsepower, 310 pound-feet of torque-producing turbocharged 2.5-liter gasoline engine we're getting. And given a choice, we would probably prefer more power than a wagon variant. The most potent engine over in Europe will remain the diesel 2.2-liter engine making 181 horsepower and 328 pound-feet of torque. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Related Gallery 2018 Mazda6 wagon View 30 Photos Image Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Geneva Motor Show Mazda Wagon 2018 Geneva Motor Show mazda6 wagon

Mazda builds 4-millionth Mazda3

To say that the Mazda3 is a vital product for Mazda would be one heck of an understatement. In fact, the model line accounts for about 30 percent of the manufacturer's sales. Fortunately for Mazda, they're selling well.
These days, the Japanese automaker is building the Mazda3 (known domestically as the Axela) in Japan, China, Thailand and, as of last month, in Mexico. The company's expanded global production capacity has helped Mazda reach four million units of the Mazda3 sold around the world since the first model was introduced over ten and a half years ago.
Over the course of that decade since its introduction in June 2003, Mazda has gone through three generations of Mazda3, the newest model benefiting from the company's Skyactiv technology and even encompassing a hybrid model in the Japanese Domestic Market.