1985 Mazda Rx-7 2d on 2040-cars

Auto blog

Airbag recall widens to include BMW, Chrysler, Ford and Toyota

The recall of faulty airbag inflators supplied by Takata has exploded today to grow to seven automakers. In most cases, only models in certain high-humidity regions were affected because the National Highway Traffic Safety Administration found in its investigation that moisture played a roll in determining whether there would be a problem. However, some companies opted for national campaigns. The exact number of affected models for these campaigns isn't yet known at this time.
BMW is recalling an undisclosed number of 325i, 325Xi, 330i and 330Xi models from the 2001 through 2005 model years and the 2001-2006 model year versions of the 325Ci and 330Ci for the driver side and passenger side inflators. Only vehicles currently registered in Florida, Puerto Rico, Hawaii and the US Virgin Islands are covered under this recall.
Neither Chrysler's filing with NHTSA nor its press release list the specific models affected, but a company spokesperson told Autoblog that at this time it only covers the driver and passenger side inflators for the 2006 Dodge Charger in Florida, Puerto Rico, Hawaii and the US Virgin Islands

Mazda will sell a removable MX-5 Miata hardtop only to racers

Before the advent of the power-folding hardtop NC or the newer MX-5 RF targa, you could buy a fiberglass hardtop to plop on your soft-top Miata. Expensive when new and rather rare, they command top dollar now. And moreover, Spec Miata racers have always sought them for use in that series. Now, what's old is new again, sort of. Mazda Motorsports will sell a removable hardtop for $4,420, but there's a catch. You have to purchase a MX-5 Cup Global race car to order one. A Mazda spokesperson confirmed to Autoblog that non-Cup racers won't be able to purchase a new hardtop for their ND – and furthermore, since it's oddly shaped to clear the rollcage, they might not want to. Second-hand, who knows? Even though it's pricey, it'd offer a different experience than you get from the sexy RF. Related Video: Motorsports Mazda Convertible Racing Vehicles Performance mazda mx-5

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.