This week, Mazda announced that it turned an annual net profit for the first time in five years. The Japanese carmaker reported pocketing a total of $364.3 (€279.6) million at the end of the 2012 fiscal year, on March 31, whereas on the same day of 2011, they had recorded a loss of $1.14 (€0.87) billion. Despite the fact that it was not mentioned, it is quite possible that the CX-5 crossover, which is hugely-popular world-wide, is the model which caused the turnaround. Read more »
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