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Archive for the ‘Honda’ Category

China Car Sales Tumble for 10th Consecutive Month

Downturn comes as US trade war escalates, domestic economy slips.

by on May.13, 2019

Klaus Bischoff, VW design chief, shows off the SMV Concept at Auto Shanghai last month.

For much of the past two decades, China’s new vehicle market was the envy of the world, with routine double-digit annual growth approaching triple-digit gains on several occasions – but the numbers were down 14.6% in April, marking the 10th consecutive monthly decline.

At 1.98 million vehicles, China remains solidly in the lead as the world’s largest automotive market, but the downturn raises troubling issues for both foreign and domestically owned brands, such as General Motors, Volkswagen, Toyota, Geely and Great Wall, impacting industry earnings around the globe.

Global News!

With China locked in an escalating trade war with the United States and the country’s overall economy showing signs of weakness, industry analysts question how soon the car market will show a recovery. The downturn could force automakers to look for ways to export products from increasingly underutilized Chinese plants, according to observers.

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Honda Takes Q4 Loss, Sees Full-Year Profits Fall 42%

Automaker changing its vehicle development process.

by on May.08, 2019

Honda CEO Takahiro Hachigo said the company lost money in the fourth quarter.

Honda Motor Co. sold more vehicles during first quarter of 2019 than it did during the same period last year, yet reported a $118 million loss, or 13 billion yen, for its fiscal fourth quarter, the company reported.

The Japanese automaker cited unfavorable exchange rates, income tax expenses and other costs as the reasons for the quarterly loss. It reported a 107.7 billion yen profit during Q4 2018.

Product News!

For the full fiscal year, the company reported a profit of $5.5 billion, or 610.3 billion yen, which is down 42% due largely to a lost tax break in the U.S. (more…)

Electrifying America

Volkswagen-funded start-up is rolling out a nationwide network of quick-chargers -- and cutting prices 20%.

by on May.06, 2019

A Chevrolet Bolt is plugged into an Electrify America charger at EA's suburban DC tech center.

Volkswagen plans to spend $50 billion on battery-electric vehicles while General Motors’ CEO says the automaker is on a “path” to go fully electric. Volvo, Nissan, Toyota, Ford and, of course, Tesla, by mid-decade, these and other manufacturers expect to have more than 200 electric vehicles on the market.

But just because you build them doesn’t mean buyers will come, industry analysts warn, pointing to a variety of obstacles to mass acceptance of battery-electric vehicles, or BEVs, including range and cost. But one of the biggest concerns is the lack of a viable charging infrastructure that would allow electric vehicle owners to travel as freely as do owners of conventional gas and diesel-powered vehicles.

Electrification News!

That is beginning to change as charging stations, especially “Level 3” fast chargers begin to pop up across the countryside. And, ironically, that roll-out owes a fair share of credit to Volkswagen’s diesel emissions scandal. Out of the roughly $30 billion the automaker has so far paid out in terms of fines and settlements, $2 billion is funding Electrify America, a start-up helping promote the adoption of plug-based vehicles, in large part by setting up the fastest-growing public charging network in the U.S.

EA is taking another step to increase the appeal of running on battery-power, on Monday announcing plans to cut the cost of charging at one of its stations by 20 percent.

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Mitsubishi Could Be Next to Reenter U.S. Pickup Market

As sales surge, more manufacturers look for an opening.

by on Apr.29, 2019

Mitsubishi could be back in the U.S. pickup market with an Americanized version of the Triton.

Mitsubishi could be one of the next manufacturers to target the booming U.S. pickup market, according to the company’s North American chief operating officer.

With truck sales, in general, booming, and pickups, in particular, generating a disproportionate share of industry earnings in the region, an assortment of manufacturers have either gotten back into the game or are looking for ways to join established brands like Chevrolet, Ford, Ram and Toyota.

Product News!

The Japanese automaker would “have to have one that’s the right fit for Mitsubishi, for our demographic, and something that’s really competitive in the market,” Mitsubishi North America COO Mark Chaffin told trade publication Ward’s.

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NHTSA Analyzing 12.3M Non-Takata Airbags Due to Possible Defect

ZF-TRW produced airbags for six automakers.

by on Apr.24, 2019

The 2011–13 Kia Optima has already been recalled once for an airbag problem.

As U.S. auto safety regulators are attempting to wind down the ongoing Takata airbag debacle, they are now investigating nearly 12.3 million vehicles with airbags that may not inflate during a collision.

The vehicles are equipped with airbags produced by ZF-TRW, according to National Highway Traffic Safety Administration, and could be responsible for as many as eight fatalities. The airbags do not inflate due to faulty control units.

News You Can Trust!

The investigation involves 2010-2019 model year vehicles produced by Fiat Chrysler, Honda, Hyundai, Kia, Mitsubishi and Toyota. (more…)

Jeep Plans One Day Sale of Gladiator Launch Edition – and Will Give One Buyer a Year’s Pay to Play

“Go anywhere and live out your dreams,” says brand’s marketing chief.

by on Apr.01, 2019

Jeep hopes to sell 4,190 Gladiator Launch Editions.

With its first pickup in 27 years getting ready to roll into showrooms, Jeep said it will offer a special Launch Edition of the new Gladiator, but only for 24 hours, starting at 12:01 AM on April 4th – what is also known as “4x4 Day.”

The Launch Edition will be a fully loaded version of the off-road Jeep Gladiator Rubicon model and it will carry a steep price tag of $60,815. But to ease the bite – at least for one lucky customer – Jeep will give them “a year’s salary to go anywhere and live out their dreams,” said Scott Tallon, the brand’s marketing manager.

Keep on Trucking!

All told, Jeep will offer a maximum 4,190 of the Gladiator Launch Edition models – a reference to the 419 area code for Toledo, Ohio, where all of the pickups will be assembled.

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Takata Airbag Kills 16th Person in U.S., NHTSA Says

Driver was at the wheel of 2002 Honda Civic: 14th Honda fatality.

by on Mar.29, 2019

Takata's faulty airbags claimed their 16th victim in the U.S. Fatality discovered during recent NHTSA and American Honda investigation.

Takata’s faulty airbags that triggered the most expansive automotive recall in U.S. industry have killed another person, according to a newly completed investigation, bringing the total number of U.S. fatalities tied to the airbags to 16.

Following a joint inspection by American Honda Co. and the National Highway Traffic Safety Administration, it was determined the driver of a 2002 Honda Civic was killed June 8, 2018, in Buckeye, Arizona.

News Now!

After sustaining injuries from the ruptured inflator, the unidentified driver died June 11. It is the 14thperson killed driving a Honda equipped with Takata airbags. More than 200 people have been injured by the faulty devices. (more…)

One of Nine Pickups Earns Top Rating in IIHS Crash Tests

Nearly half of the trucks rated marginal or poor.

by on Mar.21, 2019

Ford's F-150 was one of the best performers in the latest IIHS pickup crash tests.

Pickup buyers concerned about safety might be surprised by the results of the latest IIHS crash results that found over half of the nine models scored poorly in at least one of the key tests,  four earning marginal or poor ratings overall.

Of the trucks the IIHS examined, only two earned good ratings, the Ford F-150 and Nissan Titan. And just one 2019 model, the Honda Ridgeline, earned the coveted IIHS Top Safety Pick award – but only when equipped with optional headlights and forward collision prevention technology.

Safety News!

“As a group,” said David Zuby, the chief research officer for the Insurance Institute for Highway Safety, “the pickup class still has a lot of work to do.”

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Honda Recalling 1.1M Vehicles to Replace Airbags

Automaker just the latest to make big push to complete repairs.

by on Mar.12, 2019

American Honda is recalling 1.1 million vehicles due to faulty Takata airbags.

American Honda’s Takata nightmare continues with a voluntarily recall of about 1.1 million Acura and Honda vehicles in the United States to replace, for free, Takata desiccated replacement driver front airbag inflators that may rupture if an airbag deploys in a crash.

Takata’s faulty airbags triggered the largest automotive recall in history. The airbags deployed with such force that pieces of plastic and metal were propelled into the vehicle cabin killing nearly two dozen and injuring more than 125 people.

News Now!

Honda was one of Takata’s biggest customers. The vehicles involved in this recall were previously repaired using specific Takata desiccated replacement inflators (PSDI-5D) or entire replacement airbag modules containing these inflators, neither subject to recall at that time. Those replacement inflators are now deemed defective as well. (more…)

Honda Updates New e Prototype for Geneva

Japanese make announces electric production plans for Europe.

by on Mar.05, 2019

Honda's new e Prototype is an all-electric city car that will go into production later this year.

Honda rolled out its vision for an all-electric “city car” at the Geneva Motor Show, and like many of its competitors, it’s got a unique exterior design that helps set it apart from an expanding group of small, functional and efficient vehicles.

The three-door hatchback, which Honda has dubbed the e Prototype, has been shown before and continues to generate chatter about its cutesy, almost anthropomorphic, looks. Honda suggests that the car will go into production later this year.

Product News!

No pricing has been set for the new car, it will travel about 200 km, or 124 miles, on a single charge. It can also be recharged to 80% in just 30 minutes, the company notes. However, how much of the unique, cutesy design will remain is the question. (more…)