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Honda exec says US market near capacity, could hurt subprime buyers

Is there a point in the US auto industry where companies should start considering the welfare of their customers ahead of selling more cars? American Honda Executive Vice President of Sales John Mendel thinks that level exists, and we may be getting very close to it.
According to Automotive News, Mendel believes that finding more customers in the market could require pursuing subprime buyers and offering longer-term loans. However, he refuses to use those tactics. While selling models this way can improve things briefly, the strategies hurt resale prices and lower vehicle profits over time. The company won't do "stupid things in the short-term that damage the person who bought yesterday," he said to Automotive News. "It's a very, very short-term tactic especially in the subprime area."
American Honda, which combines the Acura and Honda brands, has seen market share decline from 9.7 percent to 9.1 percent through July 2014, according to Automotive News, and Autoblog's By the Numbers stats showed it posted falling sales in five of the seven months with data this year. Though, Mendel claims that was partially because the company focused on retail sales over fleets. The delays of the launches for the Honda Fit and Acura TLX likely didn't help either.

2017 Acura NSX | 573 horsepower for lunch

Our Editor-in-Chief Greg Migliore is in California for Monterey Car Week and the Pebble Beach Concours d'Elegance, rubbing elbows with beautiful people and their far-more-beautiful cars. Greg took a 2017 Acura NSX down the Monterey Peninsula to grab lunch yesterday and posted live video on Facebook. We thought we'd share it here. We've driven the modern NSX before, of course, and it's terrific. For greater detail, check out our review from 2015. The video is in two parts, as Greg lost service at one point. Ah, technology. We'll be ordering lunch ourselves soon. Wish we could order California sunshine and an NSX to go. Related Gallery 2016 Acura NSX: Detroit 2015 View 21 Photos Related Gallery 2017 Acura NSX at Pikes Peak View 47 Photos Related Gallery 2017 Acura NSX First Drive View 33 Photos Image Credit: Michael Austin Auto News Acura Technology Emerging Technologies Coupe Luxury Performance Videos Pebble Beach California

2013 Acura ILX Hybrid

This Is Not The Acura You're Looking For
Mid-level luxury brands have always had to do a bit of leg work to distance themselves from their more common cousins. Thanks to generation after generation of pervasive badge engineering (much of it from the Big Three), buyers can't be blamed for looking at brands like Buick, Lincoln, Infiniti, Lexus and yes, Acura as tarted up versions of Chevrolet, Ford, Nissan, Toyota and Honda products. For much of its lifetime in the automotive landscape, however, Acura has excelled at putting distance between its offerings and that of its parent company thanks to cars with superior driving dynamics, quieter cabins and clean, attractive aesthetics.
Yes, outliers and dull spots can be found in the company's recent track record, but by and large, Acura products remain situated well above the Honda rabble. When the brand announced it was getting serious about the luxury small car game with the ILX, those of us with a set of the company's keys in our past couldn't help but envision an honest successor to the long-dead Integra. Turns out, that wasn't what Acura had in mind.