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2018 Mazda CX-5 teased ahead of LA reveal

While it will make its full debut at the LA Auto Show, Mazda released a teaser of the new CX-5 ahead of time. Like so many other teasers, the car is obscured by low light, but we can make out some significant details. For one, it appears that Mazda has toned down the muscular curves of the current CX-5's front fenders. In fact, many of the crisp creases of the current model have been softened on this new version. Below you can see a brighter version of the teaser alongside an image of the current model. The greenhouse also appears lower and longer than the current model, and it's highlighted by a chrome strip running from the A-pillar back to the roof. Where it terminates also seems to suggest this CX-5 could have the "floating" roof look that's so popular now. However, when comparing the teaser image with recent spy photos, it could just as easily have a more traditional rear pillar and roof design. Those same spy photos also reveal that the new CX-5 will get a more aggressive, concave grille with a mesh insert. This image is all Mazda has revealed of the new crossover so far, so we'll have to wait until the reveal on November 16 for all the details. Related Video:

Masamichi Kogai new Mazda president and CEO

There's some executive rearranging going on in the top suite at Mazda Motor Corporation in Japan, with current CEO Takashi Yamanouchi telling reporters there "I'd like to hand over the work to younger people" now that the company has returned to profitability. Yamanouchi became CEO on November 19, 2008 of an independent Mazda that had to fight for its future in the immediate aftermath of the global financial crisis. What followed was four years of losses before finally getting back to black last year.
Masamichi Kogai (pictured) will be appointed the new president and CEO on June 25, pending approval at the company's annual general shareholders' meeting. Kogai assisted Seita Kanai with the production-efficiency initiative that Mazda called Mono Tsukuri Innovation, which worked to give export-dependent Mazda the best chance at profitability in spite of a rising yen. Kogai, lately in charge of production and purchasing, has been with the company since 1977 and worked in areas from R&D to logistics.
Kanai, who headed the Mono Tsukuri effort and was among the leadership on Skyactiv, will be promoted from executive vice president to vice chairman. Akira Marumoto will become executive VP of Mazda and assistant to new president Kogai. Yamanouchi will remain Chairman of the Board. There's a short press release below to make it official.

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.