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Mazda reports highest profits in its 94-year history

We may only be a third of the way through 2014, but for Japanese companies, March 31 marked the end of fiscal 2014, and it was a banner financial year for Mazda's global operations. The Japanese independent saw its highest global operating profits in its nearly 100-year history. Its global operating profits were up a huge 238 percent. Yes, a 238 percent increase over 2012 to 1.36 billion euros ($1.88 billion), eclipsing the brand's previous best year, 2008, by 12 percent. Net earnings, revenue and global sales volume also saw increases over the last fiscal year.
What's most impressive, though, is where Mazda saw improvement. The notoriously rough European market was rather kind to the Zoom-Zoom brand, where sales increased 25 percent to 163,000 units. That figure was bolstered by a 35-percent sales increase in Great Britain and a 20-percent jump in Germany, Europe's two largest markets. Japanese sales, meanwhile, were up a respectable 13 percent, to 244,000 units. In China, Mazda saw a 12 percent bump.
Notice we aren't talking about North American sales? That's because Mazda only saw a moderate, five-percent gain in the New World, with sales climbing to 391,000 units in the US, Canada and Mexico. This is particularly disappointing considering Mazda has launched three critically acclaimed products (CX-5, Mazda6 and most recently, Mazda3) for the North American market over the past two fiscal years. Still, it isn't a particular reason to be concerned, as IHS industry analyst Stephanie Brinley notes. "Five percent isn't terrible," Brinley told Autoblog, saying that Mazda should see a bump in 2014 as the Mazda3 picks up steam.

Electric Miata smokes Tesla Model S at the track

Yes, folks, you read that headline right. A souped up battery-electric version of a Mazda Miata took down a Tesla Model S on a quarter-mile drag strip. And it wasn't even close. Road Test TV was kind enough to post a video of a forest-green Miata (and its very stoked driver) doing a quarter-mile run in a rather brisk 9.27 seconds, beating the Model S sedan by a whopping 3.5 seconds in the process. And the Mazda crossed the finish line moving at 142 miles per hour, or 40 miles per hour faster than the Tesla was going when it finished the race. It's a good thing for the Tesla owner that they weren't racing for pink slips. Granted, the comparison is probably an unfair one because the Tesla was a stock, production vehicle (the P85 Performance model, but still), whereas who knows how the Miata was juiced up and how much cash it took to do the job. It's sort of like putting, say, an automotive writer against Usain Bolt because we ate the same breakfast and share 99 percent of our DNA. Still, the video does lend a certain credence to the idea that a battery-electric, super-light, rear-wheel-drive Miata would be a lot of fun, or at least a heck of lot more fun than any other Mazda out there. We're just sayin'. Check out the 100-second video below, and remember not to blink. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Next-gen Mazda3 teased in new video, should debut next month

Despite being one of the oldest vehicles in its class, the third-gen Mazda3 is still a favorite here at Autoblog. It's handsome, comfortable and one of the best-driving compacts around. While we had hoped to see a new Mazdaspeed3 hot hatch before this model expired, it seems that's not the case. Today, Mazda released a short teaser video showing a very brief glimpse of what appears to be a new hatchback. A caption says there's more to come next month. That leads us to believe we'll see the next Mazda3 in late November at or around the 2018 Los Angeles Auto Show. We don't know much about the new model, though it does look like the hatchback will carry over. That's no surprise given the Chevy Cruze, Honda Civic, Toyota Corolla, and Hyundai Elantra all offer five-door variants. You can include the hatch-only Volkswagen Golf on that list, too. The sedan is a given considering how popular the body style is in America. Expect the design to draw a lot from the Mazda Kai concept we saw last fall. It's harder to say what Mazda might stuff under the new 3's hood. Skyactiv-X would be great, but the compression-ignition gasoline engine likely won't be ready in time for the Mazda3's debut. That's a shame, as the engine shows a lot of promise and would be a good and unique feature for Mazda. Until the EV infrastructure improves and the associated costs go down, more efficient internal-combustion engines will still have a place in the market. Check out further info on the Skyactiv-X technology here, and stay tuned later next month for more news from Mazda. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Mazda Hatchback Sedan