Mazda Reorganizes: Focusing on Electric Vehicles

The organizational changes give certain leaders at Mazda more power than they previously had by combining several roles together. This is intended to speed up the efficiency of decision-making, Mazda says.

Mazda has also added a new position involving the management of future “electric drive” developments. That could mean Mazda is planning new hybrids and/or electric vehicles. Mazda already produces a prototype hydrogen-powered RX-8 (technically an EV) that’s undergoing testing in select countries.

Mazda has no concrete plans to build electric vehicles, as management thought EVs and hybrids clashed with its sporty, “Zoom-Zoom” attitude.

Mazda, which was recently spun off from Ford, has posted a net loss of nearly $728 million since the end of March. The company is applying for Japanese government loans.

In April, Mazda’s CEO said the automaker would introduce a new fuel-efficient powertrain and a completely new vehicle for 2011.

Mazda announces reorganization (DetNews)
Mazda CEO: Automaker to debut new engine, focus on fuel efficiency (DetNews) 
Mazda will seek government loans (DetNews)