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Mazda and Lexus crowned with KBB 5-Year Cost To Own awards

We report on a lot of awards, some of which are given out based on more solid criteria than others. This one, the Kelley Blue Book 5-Year Cost to Own awards, seems like one that new car shoppers should pay attention to.
The cost of a car goes far beyond what you pay for the actual metal, leather and rubber at the point of purchase. Fuel, insurance, maintenance and repair costs, and the cost of fees from the state and financing will all weigh on your wallet while you own the car. That's not even taking into account the biggest cost: depreciation, or the amount of money you lose based on what your car is worth years from now versus the day you bought it.
KBB tracks these sorts of things, and they've compiled a list of winners for 2013 models. On the brand level, Mazda and Lexus earn the 5-Year Cost to Own award for having the lowest overall projected five-year totals (though, curiously, we note that Mazda and Lexus each had only one segment winner). There are lots of winners for all the various segments, so we'll just pick out a few surprising ones to share and you can view the rest here.

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.

2018 Mazda6 refresh takes the car further upmarket

The 2018 Mazda6 is, on the surface, a very mild refresh. The front grille has been given more depth, and the fascia is generally cleaned up a bit, putting the design inline with the new CX-5 and future Mazda products. The interior has been given the same treatment: cleaned up and modernized. But throughout the car, some important updates under the skin make the 6 a more compelling product, and one that continues the company's push upmarket. The biggest change has already been partly revealed, and that's the addition of Mazda's turbocharged 2.5-liter four-cylinder. It's the same engine found in the CX-9, and Mazda has now revealed it will make the same 250 horsepower and 310 pound-feet of torque with premium fuel. The engine will also happily accept 87-octane, in which case the engine will make 227 horsepower. Though the addition of this engine is welcome, we're a bit disappointed to learn that it will only be available with a six-speed automatic transmission. If we're lucky, we might see Mazda add a manual option, since when Mazda launched the current Mazda3, the larger 2.5-liter engine was initially only available with an automatic. But try not to get your hopes up too high, either. The good news is that Mazda will continue to offer a manual transmission as well as an automatic with the base, naturally aspirated 2.5-liter four-cylinder. This engine will now feature cylinder deactivation, as will the 2018 Mazda CX-5. This system will shut off the cylinders on each end at cruising speed to improve fuel economy. Official fuel economy ratings for both engines have yet to be released. Aside from the powertrain, Mazda says it has made a few other mechanical improvements. The suspension has been retuned, and the steering rack rigidly mounted to the chassis to improve handling. Thicker sheet metal for the rear wheel wells, thicker trailing arms, and a bevy of braces have also been added in order to reduce noise for a more refined driving experience. The interior has also been updated for more refinement, particularly on the new Signature trim model. The sleeker interior design on all Mazda6s is joined by redesigned seats Mazda says are more comfortable. Those seats are now available with optional ventilation. A windshield-projected heads-up display, adaptive cruise control that can bring the car to a stop and resume accelerating, as well as an instrument panel with a configurable 7-inch screen are other options.