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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 de Mexico celebrates 100,000th car built

Automakers and their factories celebrate production milestones all the time. Some are interesting enough to report on and some aren't, but what makes this one stand out is that the plant opened less than a year ago. Just 11 months since production began, Mazda de Mexico Vehicle Operation has put together its 100,000th vehicle – in this case a Mazda2 hatchback headed for Europe. MMVO is one of three plants assembling the company's smallest model, also known as the Demio in Japan, where it is also produced, with additional assembly taking place in Thailand under a joint venture with Ford. The Mexican location also handles assembly of the Mazda3 for the Americas and for Europe. Mazda has announced that it is expanding production at MMVO by 150 percent of this year's capacity to 250,000 units per year by March 2016 as it takes on contract manufacturing for Toyota as well.

Mazda6 Coupe coming along with more Mazdaspeed models?

The predecessor to the Mazda6, the Mazda 626, was sold in a multitude of body styles across the globe. It could, of course, be had as a sedan, but a two-door coupe, known stateside as the MX-6, was also available on the same platform. Now, a new report from Motor Trend claims that a two-door version of the modern Mazda6 could be on the way.
This would be remarkable for a number of reasons, as automakers have been abandoning this type of non-luxury coupe for decades. A class that counted entries from Toyota, Nissan, Chevrolet, Dodge and Chrysler is now occupied solely by Honda with its Accord Coupe.
Ignoring that, though, MT claims we'll see a two-door Mazda6 in the second half of 2016. When that new variant arrives, it will be with an even more dramatic version of the sedan's Kodo design language. Mazda could rely even more heavily on styling inspiration of the Shinari Concept, which already informs the design of the current 6 sedan, when the two-door model arrives.