Posts Tagged ‘skyactiv-x’

Mazda’s Head of N.American Ops Will Be its Next CEO

Promotion of Akira Marumoto comes at critical time of change for #5 Japanese automaker.

by on May.11, 2018

Akira Marumoto, a 38-year Mazda veteran, will become the company's new president and CEO.

Mazda Motor Corp.’s president and CEO will step down next month and will be replaced by the executive currently overseeing its biggest market, the Americas, and North America, in particular.

The transition, which will see current Vice President Akira Marumoto take the helm, comes at a critical time for Japan’s fifth-largest automaker. After having its long-time partner, Ford Motor Co., sever ties, Mazda has been searching for new allies and over the last 12 months has announced several projects with industry giant Toyota that will see it share in a new, U.S. assembly plant. Mazda is also pushing to develop costly new powertrain technologies at a time when most markets are demanding significant improvements in fuel economy and emissions.

Industry News!

“Given the rapid changes occurring in the auto industry at the moment it’s often asked whether a small company like us will be OK,” the 60-year-old Marumoto told reporters in Japan on Friday, cautioning that, “before we even consider this we need to show our strengths, and what makes us different if we want to grow our brand.”

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