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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.

2021 Mazda6 gets small price increase and updates, and that Carbon Edition

Mazda's blowing a soft breeze of change over the 2021 Mazda6. We already knew the Japanese automaker has included the sporty sedan in its batch of Carbon Editions, along with the 2021 Mazda CX-5 and Mazda CX-9. The trio feature an exclusive Polymetal Gray exterior hue with blacked-out trim and a black metallic finish for the wheels. while the interior shouts in red leather with black accents. We now know the Carbon Edition is based on the fourth-highest trim, the Grand Touring Reserve, adding just $275 to the price of that trim in standard guise. Pricing for the entire 2021 range and differences to 2020 after the $945 destination charge are: Mazda6 Sport $25,270 ($225) Mazda6 Touring $27,870 ($225) Mazda6 Grand Touring $30,970 ($225) Mazda6 Grand Touring Reserve $33,470 ($225) Mazda6 Carbon Edition $33,745 Mazda6 Signature $36,695 ($350) Two of the three premium paint choices go up in price as well. Snowflake White Pearl Mica will cost $395 instead of $200, Machine Gray Metallic goes from $300 to $495. Soul Red Crystal Metallic holds steady at $595. At the entry-level, the Sport adds Android Auto and Apple CarPlay to its list of standard equipment, meaning the infotainment feature is now standard across the lineup. Everything holds steady until the Mazda6 Grand Touring, which adds a "Turbo" badge at the back for distinction, and wireless Apple CarPlay inside. Mazda didn't say so, but we're guessing wireless Apple CarPlay will be available on trims above the Grand Touring as well. Under the hood, the 2.5-liter turbocharged Skyactiv-G four-cylinder gains 10 pound-feet of torque when filled with 93 octane, producing the same 250 horsepower but an improved 320 lb-ft. On 87 octane, the engine makes 227 hp and 310 lb-ft.  The 2021 Mazda6 misses out on the new infotainment system shared with the Mazda3, CX-30, and CX-5, and the diesel and all-wheel drive options still haven't decided to come out of their hiding places. The sedan is expected on dealer lots later this month or early next. Related Video:    

Mazda 787B and Vision Gran Turismo tower over Goodwood in 131-foot sculpture

Mazda is being honored at the 2015 Goodwood Festival of Speed by getting the space to create the event's annual sculpture outside Goodwood House. Given this year's theme of "Flat-out and fearless: racing on the edge," the Japanese automaker is showing off two of its racers at the very top of an intertwined spire that rises over 131 feet above the motoring event. The statue's design is the work of artist Gerry Judah, and it's made from over 132 tons of steel, including 418 beams, towering over the event. A Mazda 787B, the only Japanese car to ever score an overall victory at the 24 Hours of Le Mans, and the company's LM55 Vision Gran Turismo concept are featured at the very top. Spectators can certainly get a good view of the racers, too, because the sculpture twists to actually hang the cars above visitors. "Gerry has faithfully expressed our brand in a striking and beautiful structure that is clearly Kodo. There is a lightness and strength to the sculpture, yet it gives the cars movement and energy," said Ikuo Maeda, the General Manager of the Design Division at Mazda, in the announcement about the statue. Each year, Goodwood selects an automaker to create an artistic piece with the brand's vehicles outside of the estate's manor. Mazda shares some very prestigious company in being picked, too. Often rising high into the sky, in the past we've seen outstanding work from Audi, Alfa Romeo, Jaguar, and Porsche. Goodwood celebrates Mazda's motorsport heritage Mazda is the subject of the central feature at the 2015 Goodwood Festival of Speed Immense sculpture features Le Mans-winning Mazda 787B and LM55 virtual racer Goodwood / Leverkusen, 25 June 2015. Mazda's racing heritage is the centre of attention at this year's Goodwood Festival of Speed. The central feature of the annual motoring event is a spectacular 40-metre high sculpture in front of Goodwood House featuring two Mazda racers bursting into the sky on a twisting track of steel beams. Inspired by Mazda's KODO – Soul of Motion design, the creation of artist Gerry Judah conveys a grace and agility that disguises the complexity of the installation, which is made from 120 tonnes of steel. Each of the 418 steel beams is stacked at a different angle, curling the structure so that the cars at the top actually hang over the spectators below.