SPS 468x60 Banner
PrevPrev Go to previous topic
NextNext Go to next topic
Last Post 14 Feb 2012 05:21 PM by  Mark Hirt
Mazda news – Autoblog website
 1 Replies
Sort:
You are not authorized to post a reply.
Author Messages
prodogdriver
Advanced Member
Advanced Member
Posts:730


--
14 Feb 2012 01:30 PM

    Although I don’t race a Mazda I always appreciated the support Mazda gives club racing. Always happy to see Mazda banners & flags at a National weekend. I have many friends driving spec Miata & SS Mazda3. So I really hope they work this out and they don’t cut support to our hobby.

    article title is: After another bad year…

    Quote:
    Mazda builds and exports more vehicles from Japan by percentage of total volume than any other automaker, which means it has been hit harder than most by the strength of the Japanese yen. Compounding matters further, between 2008 and 2010, Ford reduced its stake in Mazda from a controlling 33-percent share to less than four percent, meaning the automaker doesn't have any extra-deep pockets to help bridge the financial gap until profits improve and a North American factory located in Mexico is completed.

    The results of this perfect financial storm have been predictable: Mazda posted a net loss in 2011 of about $1.29 billion, marking the fourth consecutive year of red ink and the largest loss since 2001. That's all very bad news for any automaker, but especially so for one as small and independent as Mazda. As such, it's no surprise that Mazda CEO Takashi Yamanouchi has said that his company is "actively" seeking partners and that "every option" is being considered.

    Naturally, considering "every option" includes the potential of licensing its lightweight and efficient Skyactiv fuel-saving technology to other automakers. In any case, after already losing the rotary (for now, at least) the thought of an automotive world without the MX-5 makes us shudder. Here's hoping Mazda regains its financial footing before anything drastic happens.

    Mark Hirt
    Veteran Member
    Veteran Member
    Posts:1454


    --
    14 Feb 2012 05:21 PM
    I think they are going to sell a lot of CX-5's especially if they import the Skyactiv diesel
    You are not authorized to post a reply.


    Sunoco 88x31 Button
    SPS 88x31 Button Woodhouse Motorsports
    Vorshlag 88x31 Button G-Loc Button

    Advertise on SCCAForums.com and reach thousands of visitors per day!

    SafeRacer FREE SHIPPING over $99

    Shop for Pirelli tires at Tire Rack. blank



    Sunoco Bottom 468x60 Banner