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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.

World Car of the Year finalists announced

To say the 2014 Geneva Motor Show was packed full of news is an understatement as big as the show's home at the Palexpo convention center. Despite everything that we were able to cover during this year's show, there's still more coming out of Switzerland, including the announcement of the finalists for the 2014 World Car of the Year Awards.
We reported on the original list of finalists over three weeks ago, and now, that initial list has been pared down to three finalists for each of the five awards. The finalists were announced at a press conference by frequent Autoblog contributor and co-chair of the awards, Matt Davis (above).
The finalists for the overall title of 2014 World Car of the Year are the Audi A3, the BMW 4 Series and the Mazda3. The World Luxury Car of the Year will be either the Bentley Flying Spur, the Mercedes-Benz S-Class or the Land Rover Range Rover Sport, while the Performance Car of the Year will be awarded to the Chevrolet Corvette Stingray, the Ferrari 458 Speciale or the Porsche 911 GT3 (which, um, yeah...).

Mazda5 may not be long for this world

The concept behind building a smaller but still useful minivan like the Mazda5 always seemed like such a good idea. However, since the little people hauler's introduction, there has been the rise of the compact crossover in the US, which fulfills a similar niche for many buyers. The future is not looking good for the utilitarian Mazda. Autocar from the UK reports that company officials confirm the Mazda5 is being discontinued there, with no replacement planned. Autoblog reached out to Mazda North America, but the company would not verify future product changes in this region. Though, the model's cancellation would hardly be a surprise to follow in North America, as well. The minivan market is a tough place these days, and dealers tend to prefer more expensive models for their high margins. Even FCA US is abandoning the inexpensive portion of the segment for the next-gen Chrysler Town & Country. The Mazda5 isn't exactly a sales standout, either. Mazda sold 11,613 of them in all of 2014, which was a 16.4 percent drop from 13,884 in 2013. To compare to larger, more expensive minivans, Honda moved 122,738 units of the Odyssey last year, and Toyota did 124,502 examples of the Sienna. Related Video: Featured Gallery 2012 Mazda5 View 31 Photos News Source: AutocarImage Credit: Mazda Mazda Minivan/Van mazda5