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Mazda posts second-quarter loss, but gets a rebound in North America sales

TOKYO — Mazda on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic. The loss, calculated by Reuters from the company's half-year result, compares with an 18.9 billion profit in the same quarter last year and a 45.3 billion yen loss in the first three months of the business year, which was its worst in quarter in 11 years. Mazda posted a smaller loss in the second quarter after it benefited from a rebound in sales in North America, its biggest market. Vehicle sales there rose 1% from a year earlier.  Sales in the United States have slipped approximately 1% so far in 2020 as compared to 2019, despite strong sales of the CX-9, CX-5 and new CX-30 crossovers.  Japan's No.5 automaker kept its full-year forecast for an operating loss of 40 billion yen. That is better than the average full-year estimate for a 53.3 billion yen operating loss from 17 analysts polled by Refinitiv. For the full business year the maker of the CX-5 SUV crossover and Mazda3 sedan kept its full-year prediction for global vehicle sales to fall 8.5% to 1.3 million units, the lowest in seven years.

Mazda Mexico debuts Mazda3 Turbo before official U.S. reveal

We should have been keeping an eye on our neighbors to the south, who did us the favor of showing off the turbocharged 2021 Mazda3 last week. The automaker teased the reveal for the U.S. market to happen on July 8. It's reasonable to expect slight changes between our two countries, but the Mexico introduction makes a good base to know what we're getting. The prime specs: 2.5-liter Skyactiv-G turbocharged four-cylinder with 227 horsepower and 310 pound-feet of torque. As suspected, this is the same engine found in the Mazda6, CX-5, and CX-9. As such, we expect those output figures are based on using 87 octane gasoline; in the other three Mazda offerings, 93 octane gas unlocks 250 hp and 320 lb-ft. So at worst, the Mazda3 turbo makes 41 hp and 124 lb-ft more than the naturally-aspirated engine in the current hatch and sedan. At best, the improvement runs to 64 hp and 124 lb-ft. Comparing the turbo Mazda3 to the segment-standard Volkswagen Golf GTI, the incoming 2021 German will make 241 hp and 273 lb-ft. Only a test drive will reveal how the battle of sportiness vs luxury turns out for the Mazda. The numbers make a case for the former, but there's enough of the latter to sway us into believing this will primarily be a quicker Mazda3, with nary a hardcore edge. The only transmission mentioned is a six-speed automatic with paddle shifters that sends power to both axles via mandatory all-wheel drive. In Mexico there are only two Mazda3 trims, which start at 329,990 pesos ($17,050 U.S.) and 429,900 pesos ($19,294 U.S.). The turbo will introduce two new trims there that start at 489,900 pesos ($21,987 U.S.) and 529,900 pesos ($23,782 U.S.), MSRP increases of about 29%. For the supplemental dosh, the Mazda3 turbo in Mexico comes with a leather interior, sunroof, 12-speaker Bose audio, Android Auto and Apple CarPlay, LED headlights, blind-spot monitoring and auto-tint side mirrors, reversing sensors, and black 18-inch aluminum wheels.  Other than those black wheels and some badging, though, there's nothing to differentiate the forced-induction model from the naturally aspirated one. When a Jalopnik source tipped that site to some 2021MY Mazdas based on dealer codes, there was a "MAZDA3 HB PP TURBO." That "PP" likely stands for Premium Package, which is the highest trim offered on our Mazda3 right now, already comes with 18-inch black wheels, and starts at $28,445 after destination.

Mazda has no plans for an RX-9, despite ongoing rotary development

We know Mazda is capable of making wonderful cars in any form or bodystyle. It also likes to tease enthusiasts with promising concepts like the stunning RX-Vision. In news that's sure to raise the ire of enthusiasts around the world, it seems the automaker has no plans to follow through with a production version of that beautiful, Soul Red coupe. In fact, it doesn't look like Mazda is interested in building any sports car that would slot above the Miata. In an interview with Automotive News, Mazda CEO Masamichi Kogai responded with a simple "No" when asked if Mazda has plans for a larger sports car entry. Kogai was asked if Mazda has any plans for a production rotary. He said that the 1.5- and 2.0-liter engines in the Miata are more exhilarating. That's a debatable and subjective argument that thousands of rotary owners both past and present would likely disagree with. It's more likely that despite ongoing development of the Wankel, Mazda is still struggling to meet emissions standards. Despite the advantages of a rotary (high power-to-weight ratio, compact size, rev-happy nature), it's not very fuel efficient and struggles with emissions testing. Also, despite the prestige and attention a halo sports coupe could potentially bring, Mazda is a small, independent automaker that needs to focus on mass appeal. Creating an all-new design with a unique engine isn't cheap. Badging a non-rotary car as an RX would be sacrilege, so don't expect an RX anything anytime in the near future. Current RX owners should take a moment to lament. Their car probably needs another quart of oil anyway. Related Video: