It’s hard to reconcile the Mazda car
company that Ford Motor acquired a 35% share of in 1996, when Mazda was sort of
bumping along the bottom, to the confident, globally successful company it is today.
Ford sold down its holding by 20% in 2008,
which meant it surrendered its effective control of the company. Ford retains
13.4%, which means it gets dividends from what is now one of Japan’s most profitable car companies.
In Australia Mazda vies for number one, but seems content to be a consistent Number Two or
Three in the sales race. The magic word at Mazda Australia is ‘margin’; it does not appear to want to chase mass volume.
Its April sales show it’s keeping pace
with the 2016 results Year-to-Date; but a wider dissection of the 2017 sales data
shows that in effect each of its models has plateaued, until the launch of the
much-revamped CX5 SUV this month. That event proved the old car industry adage that to stay among the
leaders, companies need a constant flow of new, attractive products.
Consumers are fickle, and with car
affordability at record levels, they will pick and choose, confident that
whatever they buy today, it will be safe, reliable, and competent.
For me, the main attraction of the Mazda
products is the investment in design, engineering and innovation, whilst to
some degree eschewing a lot of the very intrusive technology which most
companies lavish on their cars; and ‘soak the customers’ with option pricing.
I think Mazda scores with many buyers
because of the outstanding dynamics of its cars and SUVs.
It has evolved its
segment offerings with the current Kodo design aesthetic, and its SkyActiv
technologies, resulting in lighter, stronger cars, delivering
greater fuel efficiency and real driving pleasure.
Yes, I hear you say, other car companies
are doing the same thing, so what makes Mazda different? I think Mazda has
discovered a mojo that is delivering consistently on many fronts – engineering, design, driving dynamics and
quality.
Thinking back over the range of Mazdas I
have driven in the past year and a half and I would be happy to have any one of
them in my garage – that is if I actually ‘liked’ SUVs – but the issue is the
same – they are outstandingly good cars and Mazda well and truly deserves its strong position in the global car maket.
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