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2016 Mazda CX-3 scores 29/35 mpg EPA ratings
Tue, Jun 9 2015Looking for a subcompact crossover that won't cost you too much at the pumps? Your best bet is now the new Mazda CX-3, according to fuel economy figures released by the EPA. Mazda's new baby crossover has been rated by the US government agency at 29 miles per gallon in the city, 35 on the highway, and 31 on the combined cycle. That's in front-drive spec, giving the CX-3 better fuel economy than anything else in its class (at least, that is, with an automatic transmission.) Option it with all-wheel drive and you'll take a slight penalty at 27 mpg in the city, 32 on the highway, and 29 combined. According to Mazda that still "makes it among the most fuel-efficient all-wheel-drive vehicles available in the US." Whichever drivetrain option you go for, the CX-3 packs a 2.0-liter inline-four with direct injection (Skyactiv-G in Mazda-speak) good for 146 horsepower and just as much torque, mated to a six-speed automatic transmission. The first examples will begin reaching American showrooms later this summer. Related Video: 2016 Mazda CX-3 Scores Class-Leading[1] EPA Fuel Economy Ratings - New Subcompact Mazda Crossover Has EPA-Estimated Fuel Economy of Up to 35 MPG Highway - IRVINE, Calif., June 8, 2015 /PRNewswire/ -- The all-new 2016 Mazda CX-3 subcompact crossover utility vehicle has been rated with an EPA-estimated fuel economy as high as 29 mpg city/35 mpg highway[2], which positions CX-3's fuel economy as class-leading1 among all 2015 and 2016 subcompact crossover utility vehicles. As Mazda's first foray into the quickly burgeoning subcompact crossover class of vehicles, CX-3 provides those seeking a purposeful, stylish and sporty vehicle option that bucks convention. CX-3 offers standard keyless ignition and backup camera, and is available with features that are unrivalled in its class like Mazda Radar Cruise Control, adaptive LED headlights and Mazda's signature driving experience. Front-wheel-drive models have EPA-estimated fuel economy of 29 mpg city/35 mpg highway/31 mpg combined, while models equipped with Mazda's predictive i-ACTIV AWD have EPA-estimated fuel economy of 27 mpg city/32 mpg highway/29 mpg combined. That makes it among the most-efficient all-wheel-drive vehicles available in the U.S. "SKYACTIV Technology means we don't have to compromise when it comes to performance, efficiency and fun-to-drive dynamics," said Jim O'Sullivan, president and CEO, Mazda North American Operations.
Mazda's first profit in five years in sight due to weak yen
Fri, 05 Apr 2013Automotive 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.
Mazda2 production fires up in Mexico
Fri, 24 Oct 2014Mazda has officially kicked off production of the next-generation Mazda2 at the company's new factory in Salamanca, Mexico. Alongside the auto assembly plant, operations have also commenced at the facility's engine machining factory.
"With the start of production of the all-new Mazda2, operations underway at the engine machining plant, and an increase in our annual production capacity, we now have an even stronger production framework capable of supplying global markets with Skyactiv products of the same high quality level as those made in Japan," Mazda de Mexico Vehicle Operation's President Keishi Egawa said in a statement. "At the same time, we are pleased to be able to make a contribution to Mexico's further economic growth."
MMVO joins Mazda's Hofu Plant in Japan and the Auto Alliance factory in Thailand, which commenced Mazda2 production in July and September, respectively.