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I know Mazda makes good boring SUVs, I own one. I like Mazda's design philosophy, that's why I want them to succeed. In terms of vehicles sold, Mazda's sales pe
by ak217 1y ago
I know Mazda makes good boring SUVs, I own one. I like Mazda's design philosophy, that's why I want them to succeed. In terms of vehicles sold, Mazda's sales peaked in 2017, the year before I bought my most recent one. As best I can tell, operating profit peaked in 2016.
Mazda maintained their relevance and independence by operating their own center of design, engineering, and manufacturing excellence in Hiroshima, and exporting the results to the rest of the world, since at least the 1960s. As I mentioned, that thread is now broken as far as EVs go, with the Changan JV making EVs for Mazda. China is now producing excellent EVs that surpass the capabilities of ICE cars at a fraction of the cost/price, thanks to continuous improvements in LFP battery technology. China also dominates solar, which (together with the batteries) solves the grid stress issue for large EV deployments in most regions of the world. Together these exports are likely to disrupt Japanese, US, and European ICE exports and energy markets throughout the world, no matter what tariffs the US chooses to enact.
Mazda and the rest of Japanese companies slept on it, led by Toyota's trust in the hydrogen-powered future that didn't materialize, even while Panasonic had the best batteries in the world. The time to invest in these platforms and technologies was 15 years ago - now they will have a far harder time financing this and finding technology development partners. Sure, they can survive - not thrive - on existing ICE exports for a while, but they will face a shrinking market and stronger headwinds - and are likely to lose their independence, which is what allowed them to design great cars. Don't believe me? Look into what's going on with Nissan (which squandered an even bigger lead - the world's first mass-produced EV).