2001 Mazda Miata Low Mies 1 Owner Clean Carfax on 2040-cars
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Mazda MX-5 Miata for Sale
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Auto blog
Mazda's first profit in five years in sight due to weak yen
Fri, 05 Apr 2013Automotive 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.
2014 Mazda6 Skyactiv-D Wagon
Thu, 21 Feb 2013This was sort of a quirky surprise drive opportunity. I've been over here in Italy for a while now, and Mazda Italia contacted me seemingly out of the blue to drive test some version of the Mazda6 with a diesel engine. Supremo. The Mazda6 is a sexy everyday beast and I have been digging their SkyActiv-D engines for a while now. Very spirited units.
My contact phones me the day of, and says he can come by with the car, and then we'll head off to some sort of special spot for dynamics testing and technical conversation. Nice deal, say I.
My guy Ernesto pulls up outside of the house and - lo and behold - it's a dang Mazda6 station wagon with the very most recent 2.2-liter SkyActiv-D motor good for 148 horsepower and healthy 280 pound-feet of torque. The wee four-banger with 14.0:1 compression ratio hauls this 3,260-pound wagon around with the best of them. A decent 0-to-60-mph time of 8.7 seconds, too.
Mazda delays US launch of Skyactiv-D engine
Thu, 09 Jan 2014Japanese automakers haven't lead the charge towards diesel power in the same way as, say, the Germans have. But Mazda is out to change that. It has been following Audi's lead on the racetrack with oil-burning racecars right here in America, and will soon translate that excitement to the road by introducing its Skyactiv-D engine in North America. It just won't happen as soon as we expected.
Mazda announced today that, while its diesel engine meets current emissions requirements, the company has decided once again to push back an introduction originally slated to kick off in the Spring. According to the brief statement below, Mazda wants to take more time to find "the right balance between fuel economy and Mazda-appropriate driving performance."
In other words, the Zoom-Zoom brand apparently thinks its diesel engine doesn't deliver the zoom-zoom American drivers would expect, so we'll have to wait just a little bit longer. Details to follow closer to launch, whenever that will ultimately take place.