Chrysler hasn’t cornered the market on comebacks just yet. Mazda is another auto maker that has resurfaced more times than Michael Jordan. In the late 1970s, the Japanese car manufacturer, then known as Toyo Kogyo, teetered on the edge of extinction when the rotary engine on which it had bet heavily suddenly fell out of sync with demands for higher fuel economy and lower emissions. A string of new products – including the Miata roadster – rescued Mazda in the 1980s, but that momentum ...

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