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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.

Mazda Hazumi concept presages next Mazda2

Looks like Mazda's big Geneva Motor Show debut is actually something quite small. Teased here, the Hazumi concept "points the way to the future" for the brand's subcompact offering, the Mazda2. Details are slim as of this writing, but from what we can see in the image above, the Hazumi will use the same Kodo design language found on the Mazda3, Mazda6 and CX-5. We're big fans of this styling direction, so we fully expect the concept to be quite an attractive little number.
Hazumi means "bound" or "spring up" in Japanese, with Mazda saying this nomenclature is "particularly well-suited to a small car that appears to be bursting with energy." In other words, say goodbye to the friendly faced Mazda2 we've enjoyed since it launched in the United States in 2010. Instead, prepare for something decidedly more assertive, hopefully improving upon the already-great driving dynamics of the current subcompact. If we're honest, we can't wait.
Mazda will also use the Geneva show to debut its new small-displacement, 1.5-liter Skyactiv-D diesel engine. The automaker hasn't confirmed that this new fuel-efficient powerplant will be part of the Hazumi concept package, but considering the two are debuting alongside each other, it would seem to make sense. As for whether or not this engine could come stateside when the next Mazda2 launches, we're not holding our breath for that, especially considering the company's current woes with US-spec diesel engines.

Junkyard Gem: 1992 Mazda MX-3

Back in the early 1990s, American car shoppers could choose from an extravaganza of sporty-looking front-wheel-drive coupes. The Geo Storm GSi may have offered the most performance per dollar, but the early Mazda MX-3 made a lot of sense as a reasonably fun commuter car. The MX-3, based on the 323/Protege chassis (and thus a close cousin to the Ford Escort of the same era) could be purchased in the United States for the 1992 through 1996 model years, and junkyard examples have become very hard to find. Here's a '92 in a Colorado Springs yard. MX-3 buyers could get a 1.8-liter V6 with 130 horsepower in 1992, but this is the SOHC 1.6-liter four with just 88 horses. Dual-overhead-cam versions of this engine went into the Miata and most members of the 323/Escort family. With an automatic transmission, you had a sedate, sensible commuter appliance that looked fairly sharp in the business-park lot. With the DOHC 1.6-liter engine (available for the last few years of MX-3 sales here), these cars were quick. In the early days of the 24 Hours of Lemons, a team with a pair of MX-3s dominated the Southern races for several years. They didn't have much power, but reliability and predictable handling wins endurance races. Not very close to the magical 200,000-mile mark. Another in my series of Junkyard Car With Pikes Peak photographs. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Such an adventurous car. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The small-displacement V6 was a big selling point in Japan. Related Video: