Plans for New Mazda RX-7 Not Yet Cancelled

MazdaMazdaJapan, 1920 > present80 models
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has not cancelled plans to build a new RX-7Mazda RX-7Japan, 1978 > 20023 series
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yet, but the car has also not yet been confirmed for production. 

According to Mazda, the car would be a two-seat coupe positioned to compete against the Nissan ZNissan 370ZJapan, 2008 > 201226 versions
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. It would continue with the models front-engine and rear-wheel drive layout. Of course it will be powered by a rotary engine like every other Mazda RX-car ever. 

Mazda has said in the past that it is continuing to develop rotary engines, specifically as a range-extender for a series hybrid vehicle. The nice thing about rotaries is that they can easily be combined to increase power. So while a one-rotor version could be used as a range-extender, a two- or three-rotor version could be used in a sports car, especially with a turbo. 

Also, remember that Mazda already has a brand new chassis for the upcoming MX-5 MiataMazda MX-5 Gen.3 [NC]Japan, 2006 > 201448 versions
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that it will share with Alfa RomeoAlfa RomeoItaly, 1910 > present108 models
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. 

The biggest question about whether the new RX-7 will see the green light is the global economy and the financial health of Mazda. The company neither has the massive bank accounts of ToyotaToyotaJapan, 1937 > present155 models
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or HondaHondaJapan, 1948 > present102 models
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nor does it have global partnership of NissanNissanJapan, 1932 > present159 models
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. FiatFiatItaly, 1899 > present159 models
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has indicated that it may work with Mazda more on future projects, but Fiat is not the picture of financial security either. 

Source: Autocar