The FINANCIAL -- Mazda Motor Corporation was honored at the 9th New Japan Society for Promotion of Machine Industry awards presentation.

Mazda received the New JSPMI prize from the Ministry of Economy, Trade and Industry for its development of the highly efficient SKYACTIV-G gasoline engine that achieves an ultra-high compression ratio.

According to Mazda Motor Corporation, the New JSPMI prizes are given to organizations such as companies, universities and research institutes and their researchers for outstanding contributions to the progress and growth of the machine industry through research, development and commercialization of their achievements. The Minister's prize from the Ministry of Economy, Trade and Industry is granted to the most remarkable achievement.

The SKYACTIV-G engine achieves the world's highest compression ratio for a regular gasoline mass production automobile engine of 14.0:1, resulting in a fuel efficiency and engine output improvement of 15% compared to existing models. The engine started to be installed in new models in 2011 and delivers excellent fuel economy and responsive driving performances.

Related Stories

• Strengthening increased recovery from subsea wells
• Electricity storage can take advantage of daily price variations
• Electricity storage can smooth out moment-to-moment variations in electricity demand