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Toyota, Mazda drop Takata as Mitsubishi, Subaru weigh options

It's not a very good time to be Takata right now. Fresh on the heels of longtime partner Honda ditching them, Toyota and Mazda have both come out and said they will not use the company's airbag inflators if they continue to rely on ammonium nitrate. Bloomberg reports that Subaru and Mitsubishi are also contemplating a divorce. "The inflator using ammonium nitrate produced by Takata will not be adopted by Toyota," President Akio Toyoda said during a briefing today. "What's most important above anything else is the safety and peace of mind of customers." Mazda echoed that position, simply saying it "will not use Takata airbag inflators which contain ammonium nitrate in our new cars." When you lose three huge OEM accounts in as many days, it's certainly going to have a deleterious effect on your fortunes. In Takata's case, that's meant a staggering 39-percent drop in their share price over the last three days. Yesterday alone, the company saw a 6.2-percent fall, Bloomberg reports. As the business publication reports, though, Takata isn't going down without a fight. The company is "considering some plans to survive," including a fundraising plan that will see it potentially offer up additional shares for sale. Still, at least one analyst doesn't see whatever company survives staying involved in the airbag inflator business. "I really don't see how they're going to be able to survive as an inflator manufacturer," Valient Market Research founder Scott Upham told Bloomberg. "When your major clients publicly come out and say that they're not going to use your products anymore, it makes this very difficult to sustain your business." News Source: Automotive News - sub. req.Image Credit: Carlos Osorio / AP Honda Mazda Mitsubishi Subaru Toyota Safety supplier

Mazda 767B crashes during Goodwood, suffers heavy damage [UPDATE]

Update: Autoblog has learned that the Mazda 767B wrecked at Goodwood was being driven by Seniji Hoshino. He was not seriously harmed and was able to walk away from the crash. Hoshino's car was chassis 001 and scored a win in the GTP class of the 1989 24 Hours of Le Mans. A Mazda 767B Group C racer suffered a crash the Goodwood Festival of Speed that tore off the rear wing and did some fairly serious looking front end damage. According to Jalopnik, the racer was taking a timed run during the event's famous hillclimb when it went into the hay bales. The driver is reportedly okay, though. We've reached out to Mazda and Goodwood sources to identify the pilot in question, with no luck so far. Look for an updated post later in the day if we get any answers on that front. Images of the sad wreck seem to be populating on Twitter feeds as we write this. The racing Mazda clearly suffered a big hit today; painful to look at even after the fact. But we're not sure if the damage is beyond the abilities of skilled factory workmen to fix. Our collective fingers are crossed. Mazda has a major presence at Goodwood this year, including the event's art installation. Among all of its vehicles, there are two privately owned 767Bs. These racers have a four-rotor engine, said to be good for more than 600 horsepower in racing trim, and are predecessors to the famous 787B that scored an overall win in the 1991 24 Hours of Le Mans. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Did Mazda designer Derek Jenkins leave to head up a 'Stealth Project?'

Not long after Derek Jenkins officially gave the 2016 MX-5 Miata to the buying world, he's left the Mazda building. Jalopnik reported that the head of design for Mazda North America changed the current job description on his LinkedIn profile to "Stealth Project." Mazda backed up the discovery with this reply to Jalop's inquiry: Derek left Mazda last Friday. He left on great terms in order to work on a new endeavor. We wish him the best of luck. He will be missed, but we are sure that he will do great things in the next chapter of his career. That "last Friday" would be July 17. Emphasizing the "stealth" bit in his new position, as far as we can tell, Jenkins still hasn't publicly answered any question about what he's doing. Every automaker has secrets, but traditional automakers usually make a hubbub about hiring big-name designers, especially one with Jenkins' resume. For his new employer to go all Ghost Recon with all information, well that's the kind of mystery this summer needs. The obvious culprit would be a certain fruit-named company in a certain Cupertino, CA office park. If that ends up being the case, Jenkins would be the second chief designer at Mazda NA to go electric: he replaced Franz von Holzhausen in the position after von Holzhausen went to Tesla. Various other Apple Project Titan hires have made the news, though. For all we know, Jenkins' project might not be automotive. So let's just go ahead and cue the speculation. We're looking forward to whatever he's got coming, and to whoever gets nominated to keep the full head of Zoom-Zoom going at Mazda NA.