It most certainly isn't all new. They are saying it still uses the original chassis of the 2012 gen 1 car, but stretched in wheelbase to give more legroom and cargo. So, no, it isn't all new. Nissan said the Frontier was all new in 22, but it was a reskin just like the 2017 CX-5. Nissan had even used the new powertrain in the 20/21 models before the new truck came out. This is where I think Mazda screwed up royally. If they were going to release it with the original powertrain which has been out since 2014, they could have at least kept the turbo model around till 27 when the hybrid is released (better yet, don't release the Gen 3 until all the engines are ready). I think what Mazda should have done was bring the CX-60 over and renamed it the CX-5 here. Then they would have had a really unique offering in the segment, with 2.5l PHEV and 3.3l turbo I6 options.