Mazda Miata Sales Continue To Surge - The 124 Spider Effect
During the market disruption over the past year, many brands and many models suffered severe slowdowns in deliveries. However, the Miata did quite well during this period. It would be obvious to expect the Miata’s sales to settle down, but the opposite has occurred.
Through the dead of winter and early spring in the first quarter of the year, a time when convertibles are not exactly ideal cars, Miata sales went crazy. The company has sold 2,743 Miatas. Last year, Mazda sold 1,700 and even that was a pretty good quarter for this specialty vehicle.
Incredibly, the Miata’s achieved its second-best March since 2008. If this period proves one thing about the Mazda Miata it is that the car is not as price elastic as most vehicles. It is a purchase made of love and planning, not one that fills a daily need for transportation. At least for most.
Mazda overall has had a great Q1. The CX-5 leads the brand’s sales with over 40K units in Q1 and has maintained a rate of sales of more than 15K units per month. That puts the CX-5 in or close to the top 20 of all models sold in the US. The CX-5’s more compact sibling, the CX-30, is also doing quite well. Its sales have increased by 74% year over year and by all appearances is limited only by Mazda’s ability to produce the compact crossover.
Mazda Miata Fast Facts:
The Miata is a rear-wheel drive, two-passenger sports convertible or sports retractable fastback
Mazda's Miata is now into its fourth generation and is a popular race day car
The Miata uses normally-aspirated four-cylinder engine and a six-speed transmission
John Goreham is a long-time New England Motor Press Association member and recovering engineer. Following his engineering program, John also completed a marketing program at Northeastern University and worked with automotive component manufacturers. In addition to Torque News, John's work has appeared in print in dozens of American newspapers and he provides reviews to many vehicle shopping sites. You can follow John on Twitter, and view his credentials at Linkedin