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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.

Mazda Miata could get retractable hardtop in New York

The upcoming New York Auto Show just got a little more exciting because Mazda could debut the latest MX-5 Miata with a power retractable hardtop there. The best evidence comes from Autocar, which has an image of Mazda's invitation. The message promises a "world premiere" in the Big Apple and further teases, "Help us blow the lid off the New York Auto Show." The last Miata PRHT made up 52 percent of the roadster's sales mix in the US, so creating another one is an easy decision for the company. According to Autocar, expect the new roof mechanism to be lighter and more compact than the previous design. It would still add some weight compared to the cloth top, but customers would get the added insulation and security from the hardtop. With the NC PRHT as a guide, don't expect many changes for the new other than the roof. The 2.0-liter four-cylinder with 155 horsepower and 148 pound-feet of torque with either the six-speed manual or automatic should still make for an exciting drive. The hardtop just makes life a little more comfortable if you have to deal with rain or snow for part of the year. We can't wait to see it. Related Video:

Mazda6 diesel engine delayed over low performance, still coming

Oh Mazda... we had many hopes for the promised diesel four-cylinder in the Mazda6, but those have remained largely unfulfilled, as the oil-burning powerplant has failed to appear on dealer lots following its 2012 LA Auto Show announcement. Despite engineering issues that forced the company to announce that the program was delayed back in September 2013, Mazda remains adamant that the 2.2-liter Skyactiv-D is still coming to our shores. "We're still very much committed to diesel," Mazda's North American CEO, Jim O'Sullivan, told Automotive News. "We are still working on getting the performance aspects up to where we want them, and we do have a plan – an engineering road map – to get it done." According to AN, Mazda's initial plan with the 2.2-liter diesel was to build an engine so clean it could get by without an aftertreatment system, which generally accounts for the price premium of diesel engines versus their gas counterparts. The new system has come with performance issues, though, necessitating the delays. "If [we were] a commodity brand and didn't care about that, it would be on the market right now," O'Sullivan told AN. "But I know the people were expecting something from us, expecting certain drive characteristics and performance, and I didn't want to disappoint them." While O'Sullivan's defense of the diesel Mazda is admirable, the exec stops short of giving us an indication of when the new engine will finally arrive.