2006 Mazda Mx-5 Miata Sport Convertible 2-door 2.0l Sport on 2040-cars

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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.

Mazda's rotary-engine range extender could serve as an emergency generator

GENEVA — Mazda has some pretty exciting powertrain technology in the works, particularly its Skyactiv-X spark-controlled compression-ignition engine, but also the upcoming range-extended electric vehicle with a rotary engine. It offers the possibility of electric transportation with a distinctly Mazda way of getting electricity from gas when charging isn't an option. But we learned that Mazda has some other ideas for the rotary range-extender beyond transportation, and even beyond gasoline. In talking with Ichiro Hirose, Maza's managing executive officer for powertrain and vehicle development, product planning and cost innovation, we learned that the company is exploring the powertrain's potential as an emergency generator. Naturally if an engine is suitable for creating electricity in a car, it would be suitable to provide electricity to buildings or tools. Besides a rotary engine used as a standalone generator, Hirose said the company is investigating the potential for complete cars to be used as emergency generators, since they're already mobile. Gasoline wouldn't have to be the only potential fuel, either. Hirose said Mazda is looking at possibly running the engine on liquified petroleum gas, or LPG. We asked if hydrogen was also being considered, since Mazda has a history of hydrogen-powered rotary prototypes, even some that could run on hydrogen or gasoline, but Hirose said that's not being looked at right now. Related Video:

NHTSA urges owners of recalled Takata airbag vehicles to take immediate action

The National Highway Traffic Safety Administration and the Department of Transportation are taking the unusual step of issuing a followup press release urging owners of certain recalled vehicles "to act immediately" to fix their cars and trucks. The problem in question concerns the repair campaigns for rupturing Takata airbag inflators issued in June and covers a long list of models from Toyota, Lexus, Honda, Acura, Mazda, BMW, Nissan, Infiniti, Buick, Cadillac, Chevrolet, GMC, Oldsmobile and Pontiac.
While NHSTA doesn't specifically say why the recall is vital in the new release, Toyota's own explanation in its newly announced renotification campaign earlier today sheds some new light on the topic. According to the Japanese automaker, in testing, Takata found a possible link between the rupturing airbag inflators and high humidity. NHTSA is advocating that all owners pursue repairs immediately if they haven't already done so already. This is especially crucial for those drivers especially in Florida, Puerto Rico, Guam, Saipan, American Samoa, Virgin Islands and Hawaii because of the humid conditions there.
We don't need to tell you how dangerous an inadvertent airbag deployment could be - even in a stationary vehicle - but adding to the Takata issue is fears that the deployment could lead to shrapnel being sprayed into the cabin.