Fwd 4dr S Touring Mazda Cx-7 Low Miles Suv Automatic Gasoline 2.3l Disi 16-valve on 2040-cars

Auto blog

Subaru, Mazda profits dip; both blame exchange rates

While some larger automakers took a beating on Q4 earnings, some of Japan's smaller operations managed to keep their heads just above water despite currency issues and slumping sales industry-wide. Subaru, which capped off its 11th consecutive year of U.S. sales increases, reported a 42-percent drop in operating profit in the final quarter of 2019; Mazda, which operates on an even smaller scale, saw a 76-percent drop.  Per Automotive News, both companies faced challenges apart from navigating currency exchanges.  Subaru Subaru's 2019 was marred by warranty costs stemming from repairs on high-volume models, including the Impreza and Crosstrek. Despite the drop in profit, company revenues only slid 2.3 percent. The company also says that it has managed to curtail incentive spending, largely thanks to replacement models that needed less help moving out of showrooms.  America remained a bright spot, with 2019 sales volumes increasing by nearly 3 percent over 2018. Subaru is hoping that figure will increase to 4.0 percent in 2020. Subaru's wholesale deliveries also increased in western Europe, but dropped precipitously (28 percent) in the company's home market.  Mazda The smaller Mazda faced similar challenges, but its 2019 lacked some of Subaru's more dramatic bright spots. Worldwide shipments of new vehicles dropped by 8 percent, aiding a revenue decline of 5 percent. Mazda's vehicles remained profitable on a per-unit basis, but only just.  Mazda has been undergoing aggressive cost-cutting measures, but even those were no match for reduced volumes and unattractive currency exchange rates.  Despite these challenges, both companies are keeping their earnings outlooks unchanged. The fourth quarter of 2019 represented the third quarter in both companies' fiscal years, which will end in March.  Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2020 Subaru WRX STI S209 | POV Drive

Mazda CX-5, Mazda6 and Mazda3 could stall due to software glitch

Mazda is recalling 262,220 vehicles due to a software error that could cause the engine to unexpectedly stall out. The recall affects 2018-2019 CX-5 crossovers, 2018-2019 Mazda6 sedans and 2019 Mazda3 models.  According to NHTSA recall No. 19V497000, which was filed June 27, a programming issue in the powertrain control module (PCM) on select Mazda vehicles could cause the engine to shut down. More specifically, "the software controlling the hydraulic valve clearance adjuster may operate improperly when transitioning from cylinder deactivation to full cylinder activation modes." This could potentially cause the intake valve rocker arm to come out of position and hit something else in the engine. If this occurs, the engine could misfire, the engine could lose power, and the Malfunction Indicator Light would be triggered. The recall affects 143,004 2018 CX-5s, 81,236 2019 CX-5s, 18,295 2018 Mazda6s, 2,551 2019 Mazda6s, and 17,134 Mazda3s. Some cars from those model years received the improved software at the factory and won't be affected by the recall. Although the first report of a related issue was chronicled in January 31, 2018, no injuries tied to the problems have been reported. Mazda is expected to start its recall on or before August 26, 2019, and will reprogram the PCM with improved hydraulic valve adjustment control programming for free. Contact Mazda at 1-800-222-5500, reference No. 3719F, for more information.

Mazda Miata could get retractable hardtop in New York

The upcoming New York Auto Show just got a little more exciting because Mazda could debut the latest MX-5 Miata with a power retractable hardtop there. The best evidence comes from Autocar, which has an image of Mazda's invitation. The message promises a "world premiere" in the Big Apple and further teases, "Help us blow the lid off the New York Auto Show." The last Miata PRHT made up 52 percent of the roadster's sales mix in the US, so creating another one is an easy decision for the company. According to Autocar, expect the new roof mechanism to be lighter and more compact than the previous design. It would still add some weight compared to the cloth top, but customers would get the added insulation and security from the hardtop. With the NC PRHT as a guide, don't expect many changes for the new other than the roof. The 2.0-liter four-cylinder with 155 horsepower and 148 pound-feet of torque with either the six-speed manual or automatic should still make for an exciting drive. The hardtop just makes life a little more comfortable if you have to deal with rain or snow for part of the year. We can't wait to see it. Related Video: