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Honda reports $1.9 billion profit in first quarter despite sales lag at home

Ford, General Motors and Chrysler have been living in a world of sunshine and buttercups after their April-through-June financials hit the newswire, and Toyota is doing pretty good as well. Honda? Not so much.
While Japan's third-largest manufacturer saw $1.9 billion in profits, the 5.1-percent jump was lower than expected thanks to a drop in its home-market sales. US sales also took a sting, as Honda hasn't been able to match the SUV and truck demand that are currently permeating the American market, despite an uptick in Accord sales.
Honda's initial forecasts targeted a take of 209.3 billion yen ($2.1 billion at today's rates), and while a $200 million shortfall is nothing to sniff at, we'd hardly take this as Honda being in trouble. And even with the dip, Honda hasn't adjusted its forecast for the fiscal year, which remains at 780 billion yen ($7.9 billion).

The cars that won't live to see 2015 [w/video]

Every year in the fast-paced automotive industry brings new models, but it also spells the end for some that have been less successful. This year will be no exception.
Japan's automakers make up the bulk of the list of discontinued models for the 2015 model year: Acura is replacing the TL and TSX with the new TLX sedan, Honda is bidding farewell to the Fit EV as the new Fit hatchback takes its place, and Nissan is saying goodbye to both the Cube and Murano CrossCabriolet. Both the Nissan Maxima and Mazda2 exit stage left before their upcoming replacements arrive, while Toyota is terminating the RAV4 EV and FJ Cruiser as well as the Scion xD, and Lexus IS C and IS F that are being effectively replaced by the new RC. Meanwhile Infiniti is finally discontinuing the G37 that was already replaced by the newer Q50.
From our own domestic automakers, Cadillac discontinues the CTS-V sedan and wagon as the new CTS rolls in, Chevy is canceling the mild-hybrid Eco versions of the Malibu and Impala sedans, and Chrysler is killing off the 200 convertible as the new 200 sedan arrives.

2015 Acura TLX confirmed for New York debut

Acura has announced that the 2014 New York Auto Show will see the arrival of the production TLX - the sedan that will replace both the TL and TSX in the company's lineup. The TLX was already previewed at the 2014 Detroit Auto Show as a near-production concept model, meaning we already have a very solid idea of what the 2015 model will look like.
What we didn't know, was that Acura has finally gotten on board with some advanced powertrains, rather than just plucking stuff from the Honda parts bin. Okay, that's kind of a lie. We've seen both of the TLX's engines in previous Honda products - a 2.4-liter, VTEC four-cylinder and a 3.5-liter VTEC V6 from the Civic Si and Accord, respectively - but the transmissions will be totally new.
First, an eight-speed, dual-clutch automatic will be paired with the base four-pot. The V6, meanwhile, will get a nine-speed automatic. Unfortunately, there's no mention of a manual gearbox. Acura's Precision All-Wheel Steer will be standard on the front-drive variants for both engines, while the 3.5-liter V6 will also be available with the brand's Super Handling All-Wheel Drive.