All Mazda Vehicles From Car-Carrying Vessel Cougar Ace to Be Scrapped

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All Mazda Vehicles From Car-Carrying Vessel Cougar Ace to Be Scrapped

2006-12-15 13:00 (New York)

IRVINE, Calif., Dec. 15 /PRNewswire/ -- Mazda Motor Corporation today announced that all of the U.S.- and Canada-bound Mazda vehicles from the car-carrying vessel, Cougar Ace, which nearly capsized off the Aleutian Islands in late July, would be scrapped.

"After thorough testing by engineers from our North American and Japanese R&D centers, we decided the most appropriate course of action -- with our customers foremost in mind -- was not to sell any of the 4,703 Mazdas aboard the ship," said Jim O'Sullivan, President and CEO of Mazda North American Operations, based in Irvine, Calif.

The Cougar Ace sat listing at more than 60-degrees for nearly a month after an incident at sea, before it could be towed to the Port of Portland, Ore., for repairs and to have its cargo off-loaded.

O'Sullivan added that although some of the Mazdas aboard the Cougar Ace showed little or no visible damage from being tied-down at severe angles for an extended period, the potential for future problems led the company to reconsider its initial decision to sell any of the vehicles as used.

"We always put the customer first," O'Sullivan continued. "This drove our decision to scrap every one of the Mazdas involved in this incident."

Headquartered in Irvine, Calif., Mazda North American Operations oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada and Mexico through nearly 900 dealers. Operations in Canada are managed by Mazda Canada, Inc., located in Ontario, Canada, and in Mexico by Mazda Motor de Mexico in Mexico City.

SOURCE Mazda Motor Corporation

CONTACT: Jeremy Barnes, Mazda North American Operations, +1-949-727-6844, or mobile

+1- 714-296-1402, or Jay Amestoy, Mazda North American Operation, +1-949-727-6443, or mobile +1-949-466-0928, or Greg Young, Mazda Canada, Inc., 905-787-7094

-0- Dec/15/2006 18:00 GMT

Reply to
Christopher Muto
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Portland, is that where it ended up? Wow, that's just down the road from me. I'll have to run out at lunch and find out if they'll give me one!

Reply to
Mark

Well, that and a favorable insurance settlement, one presumes. If Mazda can make a profit from scrapping the cars, why bother with the expense and uncertainties of fixing, distributing, and retailing them? A bird in the hand....

Reply to
Lanny Chambers

that's a shame, surely they would at least scavenge the easy / valuable parts, huh?

Chris

99BBB
Reply to
Chris D'Agnolo

Lanny Chambers wrote in news: snipped-for-privacy@newsclstr02.news.prodigy.com:

I'm sure the intention was to dry them out and sell them and it only changed with Mazda's US law firm said they'd require an additional $50,000,000.00 retainer..... per car!

Reply to
XS11E

The dismantling and handling costs would probably kill that idea. Lots of stuff costs more to ship than it does to make.

Reply to
Lanny Chambers

Rent a large parking lot, and have a "yard sale"...BYOT bring your own tools.

Reply to
Remove This

The insurance company may still end up selling them as salvage. If so, some may end up on the market with salvage titles, or as individual parts. I would think that Mazda and the carrier (ship owner) had insurance.

Reply to
Chuck

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