1995 Mazda B30 Pick Up Truck - $2500 (jefferson City, Tn) on 2040-cars

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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.

Mazda Miata 25th anniversary display is roadster heaven on Earth

As part of the celebration of the 25th anniversary of the MX-5 Miata, Mazda has put together a rather large display at its New York Auto Show booth, showing off significant models from the diminutive roadsters history.
The display represents a healthy split of volume models, with cars 14, 15 and 17 sitting alongside cars 500,000 and 700,000. There are also more than a few concept cars in the offering, such as the Super20 Concept we drove a few years back, as well as older offerings, like the Club Racer concept from the 1989 Chicago Auto Show, the M-Speedster from the 1995 Chicago show and the M Coupe from the 1996 New York Auto Show.
We've put together a gallery of images of the historical Miata display, which you can view above. Take a look and then let us know which of Mazda's awesome roadsters is your favorite.

Mazda begins building Mazda3 in Mexico for US

With fluctuations in international currencies and rising shipping costs to take into account, foreign automakers can't get away with building cars overseas and selling them in North America as easily as they used to. Particularly with inexpensive mainstream models. And given the benefits of cheaper labor and free trade under NAFTA, many have opted to assemble their cars for the North American market in Mexico. That's why the likes of Toyota, Mercedes and BMW have all opened plants in Mexico. And now Mazda has followed suit.
Ground was initially broken for Mazda de Mexico Vehicle Operations at Salamanca in the state of Gunajuato back in 2011, but production has just now gotten under way. The first vehicle to roll off the line? A Mazda3 sedan destined for the United States. Soon, the plant will begin production of the next Mazda2 as well, selling it alongside its larger counterpart across the Americas and in Europe as production expands to 230,000 units annually. For more information, see the official press release below.