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Mazda Almost Introduced a New RX-7 But the 2008 Financial Crisis Ended Plans

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The world has been eagerly anticipating the release of a new Mazda RX-7 since its cancellation in 2002. Plans for a new RX-7 were initially in the works, with Mazda looking to develop both a new front-engine, rear-drive platform for the MX-5 and an RX-7. However, the financial crisis in 2008 forced Mazda to reevaluate its plans, leading to the cancellation of the fourth-generation RX-7. The collapse of Lehman Brothers and the subsequent global recession delayed the release of the new platform and pushed back the arrival of the fourth-generation Miata to 2015. Despite the setback, Mazda has continued to tease fans with the possibility of a new RX-7 through concepts like the RX-Vision and the Iconic SP.

The cancellation of the fourth-generation RX-7 may have actually worked in favor of the Miata. Without the need to share components across different models, the team working on the Miata was able to focus on creating the best possible roadster. This resulted in a pure distillation of what Mazda’s roadster is all about, creating a car that embodies the essence of the brand. In contrast, the NC Miata had to share components with the larger RX-8, resulting in a larger and heavier vehicle. The decision to cancel the fourth-generation RX-7 may have allowed Mazda to invest more heavily in perfecting the Miata, a move that has been well-received by fans and critics alike.

While many enthusiasts still long for the return of the iconic RX-7, Mazda’s focus on the Miata has paid off in creating a top-tier roadster. The automaker has continued to dangle the possibility of a new RX-7 in front of fans, with concepts like the RX-Vision and the Iconic SP keeping the dream alive. Mazda has also remained committed to rotary engine development, with the engine making a return as a range extender for the MX-30 EV. Despite these hints and developments, Mazda has yet to confirm the development of a new RX-7, leaving fans to wonder if the dream will ever become a reality.

Nobuhiro Yamamoto, former project manager for the ND-generation Miata, revealed that plans were in place for a new RX-7 to accompany the new platform development in the late 2000s. The cancellation of the fourth-generation RX-7 in the wake of the financial crisis put a halt to these plans, forcing Mazda to reassess their strategy. While the cancellation was a blow to fans of the iconic sports car, it allowed Mazda to focus more on perfecting the Miata, resulting in a vehicle that truly embodies the spirit of the brand. The cancellation of the fourth-generation RX-7 may have been a blessing in disguise for Mazda, enabling them to create a top-tier roadster beloved by enthusiasts around the world.

Although the cancellation of the fourth-generation RX-7 was disappointing to many fans, it led to a renewed focus on perfecting the Miata. This shift in strategy has paid off, with the resulting roadster being a pure distillation of what Mazda’s roadster is all about. Despite the cancellation, Mazda has continued to hint at the possibility of a new RX-7 through concepts like the RX-Vision and the Iconic SP. The automaker has also stayed committed to rotary engine development, keeping the dream of a new RX-7 alive for enthusiasts around the world. While a new RX-7 has yet to be confirmed, Mazda’s continued efforts to tease fans with the possibility show that the dream is still alive, even if it remains just out of reach.

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