Singapore group eyes Aussie dealerships after Mazda purchase GoAutoNews Premium

Mazda Motor Corporation typically called simply Mazda, is usually a Japanese multinational automaker headquartered in Fuchu, Aki District, Hiroshima Prefecture, Japan.In 2015, Mazda produced 1.5 million vehicles for global sales, nearly all which (nearly a million) were made in the company's Japanese plants, together with the remainder due to a variety of other plants worldwide. In 2015, Mazda was the fifteenth biggest automaker by production worldwide.Mazda began as being the Toyo Cork Kogyo Co., Ltd, founded in Hiroshima, Japan, 30 January 1920. Toyo Cork Kogyo renamed itself to Toyo Kogyo Co., Ltd. in 1927. In the late 1920s the corporation had to be saved from bankruptcy by Hiroshima Saving Bank and also other business leaders in Hiroshima.In 1931 Toyo Kogyo moved from manufacturing machine tools to vehicles while using introduction in the Mazda-Go autorickshaw. Toyo Kogyo produced weapons for that Japanese military through the entire Second World War, particularly the series 30 through 35 Type 99 rifle. The company formally adopted the Mazda name 26 years ago, though every automobile sold right away bore that name. The Mazda R360 has been around since 1960, then the Mazda Carol in 1962.Mazda Cosmo SportBeginning inside 1960s, Mazda was inspired because of the NSU Ro 80 and chose to put a serious engineering effort into development in the Wankel rotary engine in order of differentiating itself off their Japanese auto companies. The company formed a company relationship with German company NSU and began while using limited-production Cosmo Sport of 1967, and continuing to the current day with all the Pro Mazda Championship, Mazda is just about the sole manufacturer of Wankel-type engines with the automotive market, usually by way of attrition (NSU and Citroën both quit on the design throughout the 1970s, and prototype Corvette efforts by General Motors never made it to production.This effort to take attention to itself apparently helped, as Mazda rapidly started to export its vehicles. Both piston-powered and rotary-powered models made their way worldwide. The rotary models quickly came into common use for their blend of good power and light-weight weight in comparison to piston-engined competitors that required heavier V6 or V8 engines to create the same power. The R100 plus the RX series (RX-2, RX-3, and RX-4) led you can actually export efforts.During 1968, Mazda started formal operations in Canada (MazdaCanada) although Mazdas were observed in Canada around 1959. In 1970, Mazda formally entered the American market (Mazda North American Operations) and was very successful there, going as far as to create the Mazda Rotary Pickup (based about the conventional piston-powered B-Series model) solely for North American buyers. To this day, Mazda remains to be the only automaker to obtain produced a Wankel-powered truck. Additionally, it's also the only marque to get ever offered a rotary-powered bus (the Mazda Parkway, offered only in Japan) or station wagon (inside RX-3 and RX-4 lines for many markets). After nine a lot of development, Mazda finally launched its new model inside U.S. in 1970.Mazda's rotary success continued till the onset from the 1973 oil crisis. As American buyers (and also those in other nations) quickly looked to vehicles with better fuel efficiency, the relatively thirsty rotary-powered models started fall out of favor. Combined with being the least-efficient automaker in Japan (when it comes to productivity), inability to accommodate excess inventory and over-reliance about the U.S. market, this company suffered a huge reduction in 1975. An already heavily indebted Toyo Kogyo was within the verge of bankruptcy and was just saved throughout the intervention of Sumitomo keiretsu group, namely Sumitomo Bank, along with the companies subcontractors and distributors. However, the business had not totally turned its back on piston engines, the way it continued to generate a selection of four-cylinder models during the entire 1970s. The smaller Familia line particularly became essential to Mazda's worldwide sales after 1973, as did the somewhat larger Capella series.Mazda RX-7 (first generation)Mazda refocused its efforts making it the rotary engine a choice with the sporting motorist as opposed to a mainstream powerplant. Starting while using lightweight RX-7 in 1978 and continuing while using modern RX-8, Mazda has continued its dedication to the unique powerplant. This switch in focus also resulted inside the development of another lightweight racecar, the piston-powered Mazda MX-5 Miata (sold as being the Eunos and then Mazda Roadster in Japan), inspired because of the concept 'jinba ittai'. Introduced in 1989 to worldwide acclaim, the Roadster may be widely credited with reviving the concept in the small racecar after its decline from the late 1970s.