1988 Mazda Rx7 1.3l Ro Fi 13b Twin Turbo Rear Wheel Drive Racing Beat Exhaust A+ on 2040-cars

Auto blog

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

A car writer's year in new vehicles [w/video]

Christmas is only a week away. The New Year is just around the corner. As 2014 draws to a close, I'm not the only one taking stock of the year that's we're almost shut of. Depending on who you are or what you do, the end of the year can bring to mind tax bills, school semesters or scheduling dental appointments. For me, for the last eight or nine years, at least a small part of this transitory time is occupied with recalling the cars I've driven over the preceding 12 months. Since I started writing about and reviewing cars in 2006, I've done an uneven job of tracking every vehicle I've been in, each year. Last year I made a resolution to be better about it, and the result is a spreadsheet with model names, dates, notes and some basic facts and figures. Armed with this basic data and a yen for year-end stories, I figured it would be interesting to parse the figures and quantify my year in cars in a way I'd never done before. The results are, well, they're a little bizarre, honestly. And I think they'll affect how I approach this gig in 2015. {C} My tally for the year is 68 cars, as of this writing. Before the calendar flips to 2015 it'll be as high as 73. Let me give you a tiny bit of background about how automotive journalists typically get cars to test. There are basically two pools of vehicles I drive on a regular basis: media fleet vehicles and those available on "first drive" programs. The latter group is pretty self-explanatory. Journalists are gathered in one location (sometimes local, sometimes far-flung) with a new model(s), there's usually a day of driving, then we report back to you with our impressions. Media fleet vehicles are different. These are distributed to publications and individual journalists far and wide, and the test period goes from a few days to a week or more. Whereas first drives almost always result in a piece of review content, fleet loans only sometimes do. Other times they serve to give context about brands, segments, technology and the like, to editors and writers. So, adding up the loans I've had out of the press fleet and things I've driven at events, my tally for the year is 68 cars, as of this writing. Before the calendar flips to 2015, it'll be as high as 73. At one of the buff books like Car and Driver or Motor Trend, reviewers might rotate through five cars a week, or more. I know that number sounds high, but as best I can tell, it's pretty average for the full-time professionals in this business.

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.