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Mazda books first yearly profit in half-decade, NA still a drag

Automotive News reports Mazda has posted its first annual profit in five years. The company made $364.3 million in the last fiscal year, following a $1.14 billion loss the year prior. Operating profit also jumped up by $91.3 million to $572.8 million, thanks in part to a revenue increase of 8 percent to $23.42 billion.
But the news isn't all rays of sunshine. North America continues to be a problem for Mazda where the automaker posted yet another loss. The manufacturer lost $519.1 million last year, up from $427.8 million the year prior. While the launch of the CX-5 helped see US sales increase by 2 percent to 273,000 vehicles, the region as a whole bought up 372,000 units. Mazda had predicted closer to 380,000 units.
Even so, Mazda says it should have North America back in the black by next year, with the company forecasting a sales increase of 11 percent to 415,000 units in the region. That's thanks in part to a boost from the redesigned Mazda6 sedan.

Will Mazda sell diesel hybrids in Japan in 2016?

Could the "Zoom Zoom" automaker start making hybrids that go "glug glug glug"? Mazda, known for its fuel-efficient Skyactiv engine line, will be the first Japanese automaker to make a diesel-hybrid vehicle for Japan and Europe. According to the Yomiuri Shimbun, Mazda may start making its oil-burning hybrids as soon as 2016, and the powertrain may reach fuel efficiency levels of as much as 95 miles per gallon (one the more lenient Japanese driving cycle). That'd make such a vehicle line about 30 percent more fuel-efficient than standard diesels and about eight percent more fuel efficient that the Toyota Prius C compact hybrid (known as the Aqua in Japan). Mazda has been dismissive of hybrid and electric powertrains, instead focusing on Skyactiv technology to maximize fuel efficiency from conventional gas-powered engines. Diesel powertrains account for about half of the light-duty vehicles sold in Europe each year, while Japan's diesel sales of 76,000 vehicles last year were about three times as many as were sold there in 2012. In January, Mazda said that it would delay the introduction of its Skyactiv-D diesel engine from what was to be a spring 2014 debut. The reason was to fine-tune the engine's performance/fuel economy balance. Mazda representatives didn't immediately respond to a request for comment from AutoblogGreen about the diesel hybrids.

Toyota, Mazda drop Takata as Mitsubishi, Subaru weigh options

It's not a very good time to be Takata right now. Fresh on the heels of longtime partner Honda ditching them, Toyota and Mazda have both come out and said they will not use the company's airbag inflators if they continue to rely on ammonium nitrate. Bloomberg reports that Subaru and Mitsubishi are also contemplating a divorce. "The inflator using ammonium nitrate produced by Takata will not be adopted by Toyota," President Akio Toyoda said during a briefing today. "What's most important above anything else is the safety and peace of mind of customers." Mazda echoed that position, simply saying it "will not use Takata airbag inflators which contain ammonium nitrate in our new cars." When you lose three huge OEM accounts in as many days, it's certainly going to have a deleterious effect on your fortunes. In Takata's case, that's meant a staggering 39-percent drop in their share price over the last three days. Yesterday alone, the company saw a 6.2-percent fall, Bloomberg reports. As the business publication reports, though, Takata isn't going down without a fight. The company is "considering some plans to survive," including a fundraising plan that will see it potentially offer up additional shares for sale. Still, at least one analyst doesn't see whatever company survives staying involved in the airbag inflator business. "I really don't see how they're going to be able to survive as an inflator manufacturer," Valient Market Research founder Scott Upham told Bloomberg. "When your major clients publicly come out and say that they're not going to use your products anymore, it makes this very difficult to sustain your business." News Source: Automotive News - sub. req.Image Credit: Carlos Osorio / AP Honda Mazda Mitsubishi Subaru Toyota Safety supplier