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Miata Mailing List: January 1997, Message #13
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From: (none) Subject: Future of Miata and the Z3 Date: (none)
FWIW, I think Tom's analysis of the market for the Miata and the market a step up is EXACTLY right and very perceptive. Mazda would do well to listen to Tom's advice. History shows that other paths (Nissan Z, RX-7, MR-2, etc.) aren't so wise in the long run. I just rear a review in European Car of the 6-cylinder U.S. market Z3. I think its a winner and it undercuts the Boxster by $5000, but it is not a Miata competitor, as Tom explains below. John Emerson Middlebury, Vermont Tom Reynolds wrote: That's a good market segment. As BMW goes upscale to compete with Porsche and Mercedes-Benz, they will leave the "bottom end" of the market open. If Mazda is smart, they'll do something like the following. Don't make major changes to the Miata. Instead, offer various packages, as has been done the last couple of years. Drop a bigger engine in the car for more power-preferably low end torque. I don't know the quality of the automatic transmission in Miatas now, but if it's good and responsive, leave it as an option in the "up market" packages. If not, get a good one somewhere and offer it. Go after the low end ZZZ market, nibble at them that way. No way someone is going to want to pay upwards of $30,000 for a Miata-even an upscale one-unless it has a different look, and the economies of scale won't permit Mazda to do that, (and I don't think it would be a good marketing idea even if the could do it.) Give them credit, BMW had a good product out at a good time. They never were aiming at the Miata market, per se. They wanted to get a car out there, get the media attention, and get people into it. Now they can counter the Boxster and SLK by offering the 2.8 6 with gravy. At a price of ~$35,000.00, still cheaper than Porsche and Mercedes-Benz. So, that market is split 3 ways, and Mazda has it open all the way to around $30,000.