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Range Rover Sport SVR, Mazda CX-3, this week's news | Autoblog Video Podcast #533

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts. We'll talk about the latest news and discuss a couple of the cars we've had in the office, the Land Rover Range Rover Sport SVR and the Mazda CX-3. We also have a look behind the scenes of a video we shot in Iceland. And of course, we'll help choose a new vehicle for a listener in our "Spend My Money" segment. Autoblog Podcast #533 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown This week's news Land Rover Range Rover Sport SVR Mazda CX-3 Iceland behind-the-scenes look Spend my money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Podcasts Land Rover Mazda Crossover SUV mazda cx-3

Mitsuoka Rock Star is a Miata in a Chevy Corvette Sting Ray disguise

Mitsuoka is a famous (infamous?) Japanese custom car builder known for its absurd, and occasionally out-of-this-world vehicles. Its most iconic vehicle was the mid-engine Orochi, but its bread and butter are normal Japanese cars given front and rear styling from the past, usually sometime between the 1930s and 1950s. One of the more recent examples is the Mitsuoka Himiko, a Mazda Miata given a classic European roadster look. But the company has ventured a little further ahead in history with its latest model, the Mitsuoka Rock Star, which quite clearly is meant to be a C2 Chevy Corvette Sting Ray. The effect is actually pretty convincing, and as far as Mitusokas go, it looks smartly proportioned and a good fit for the base car. That base car is the current Mazda Miata, known as Roadster in Japan. It probably helps that the base Miata was designed with exaggerated fenders and creases from the get-go, so the even more exaggerated lines of the Corvette fit surprisingly well. Outside of the body, the car is pretty much identical to a regular Miata. It uses the same naturally aspirated 1.5-liter four-cylinder as all overseas examples. That means it makes just 129 horsepower and 111 pound-feet of torque, so this doesn't even come close to the fire-breathing power of real C2 Corvettes. Of course, that could be rectified with an LS V8 swap from Flyin' Miata. The engine is coupled to either a six-speed manual transmission or an automatic. The manual can also be had with a limited-slip differential. There are a number of available upgrades including custom colors for the body and the windshield surround. You can also add a custom leather interior with body-color coordinated panels. Mitsuoka will even provide retro-style wheels with white-letter BF Goodrich tires for the complete look. If you live in Japan and find this vehicle appealing, you'd better be ready to shell out plenty of cash. At current exchange rates, the base Rock Star starts at $41,636. The price goes up from there with options. In contrast, a base Mazda Miata here in the U.S. starts at $26,625, a little more than half that of the Mitsuoka. And of course, the U.S.-spec Miata is substantially more powerful. If you want the Mitsuoka, you'll also have to get in touch with the company quickly. There will only be 50 examples, and you have to apply for one. Related Video: News Source: MitsuokaImage Credit: Mitsuoka Mazda Convertible Performance mitsuoka

Mazda's first-quarter profit slumps on weak sales in U.S. and China

TOKYO — Mazda reported a 79% drop in quarterly operating profit, falling significantly short of estimates, as it continues to struggle with declining U.S. and Chinese sales, while a strengthening yen also cut into its bottom line. Operating profit at JapanÂ’s No.5 automaker was 7.0 billion yen ($64 million) in the first quarter ended June, versus around 33 billion yen a year ago and less than half of an average forecast for 18.5 billion yen from analysts polled by Refinitiv. Mazda, however, reiterated its forecast for a 33% rise in operating profit to 110 billion yen in the year ending March. ThursdayÂ’s profit announcement marks MazdaÂ’s poorest first-quarter operating performance since the June 2012 quarter. The automaker has been struggling with falling demand for its cars over the past year or so, while it is also recovering from flood-related damage to its factories in Japan that led to a quarterly loss in the July quarter of 2018. The Nikkei business daily on Wednesday had reported that operating profit at the company would fall around 70% for the quarter due to lower sales in the United States. Mazda posted global sales of 353,000 units for the quarter, down 12% from a year ago. Its sales in the United States, its biggest market, fell 15% to 68,000 units, while in China, Mazda sold 54,000 vehicles, down 21% on the year. A trade war between the top two economies and slowing growth in China, the worldÂ’s biggest auto market, have prompted a broad-based sales downturn in the global auto sector. Automakers are grappling with easing demand for cars just as they must invest heavily in new technologies including electric cars, autonomous driving technologies and ride-sharing services to survive a major industry shift away from car ownership. Many of MazdaÂ’s rivals at home and abroad have been reporting disappointing quarterly results, with Nissan and Ford also announcing job cuts and possible plant closures earlier this month. The United States is a key source of revenue for Mazda, but it imports all its vehicles sold there, exposing it to a threatened hike in U.S. tariffs on imported cars from Japan. To limit its vulnerability to possible tariffs and currency fluctuations, Mazda is investing in a new plant in the U.S. state of Alabama, a joint project with Toyota.