Get To Know The Mazda’s Money Edition Through The Wheelies

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A roundup of motoring news online:

¦ Mazda, which posted a $1.8 billion operating profit for your fiscal year that ended in March, projected a $2.3 billion operating profit for fiscal 2016. Helped – as have been many Japanese automakers in recent months – by a weaker yen, Mazda had surpassed its recent profit goal of $1.5 billion. (Reuters)

¦ Elon Musk, chief executive of Tesla Motors, received total compensation of only $69,989 this coming year, compared with $78.2 million annually earlier. A great deal of the compensation he receives from the clients are tied to value of the stock and his options. (Bloomberg)

¦ In other Tesla-related news, a blog post on the Federal Trade Commission’s website stated that Tesla’s direct selling model was a good illustration of how consumers could be offered new ways to shop for cars. The article says most states have laws requiring that vehicles be sold by local, independent dealers, limiting choices for consumers. (The Federal Trade Commission)

¦ Robert Griffin III, the Washington Redskins quarterback, will drive the pace car in the Nascar race at Richmond International Raceway Saturday, according to a number of tweets between Dale Earnhardt Jr. and Griffin. Earnhardt had invited Griffin to get, and Griffin accepted. (USA Today)

¦ Beginning in May, Washington’s licensed drivers will commence getting their license cards replaced with new federally mandated Real ID cards. The old-style licenses in the nation’s capital will never be considered valid identification in particular federal buildings and, by 2016, for domestic flights, by early 2015. (The Washington Post)

¦ McLaren says it does not be adding a sport utility vehicle to its lineup. Mike Flewitt, chief executive of McLaren, said in Shanghai last week that McLaren would stick to sports cars. (Bloomberg)

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