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Honda, SolarCity expand sun-powered partnership with new $50 million fund

It must be solar-power announcement time. The DOE is ready to throw $25 million at concentrating solar power and New York State just announced $94 million for solar projects. At the broadly green-minded South By Southwest Eco festival in Austin, TX this week, Honda announced an expansion of its work with SolarCity to include a new fund that could finance up to $50 million in solar projects for dealerships and homes. Well, the homes of people who have purchased a Honda or Acura vehicle, at least. Stop us if this all sounds familiar. Honda and SolarCity announced back in early 2013 that they would work together on a $65-million fund to partially subsidize the installation of solar-panels at Honda dealers and on homes of Honda and Acura drivers. The new $50 million will be used to pay for not only the equipment but also the installation, which means that if you can get access to the money, you're looking at a pretty sweet 20-year lease deal to get solar energy for your home and could make it a bit more like the Honda Smart Home in Davis, CA (pictured). How sweet a deal? Well, there's zero down payment required and a 3-kW system starts could cost you just $25 a month, according to the fine print. Rates will vary, for sure, but if that sounds like something you're interested in, check out the Honda SolarCity site. The new fund builds on the previous work that, the two companies say, created enough solar capacity to offset "more than 400 million pounds of CO2 over a 30-year lifecycle." There's more in the press release below. SolarCity and Honda Announce $50 Million Commitment to Provide Solar Power to Honda and Acura Customers and Dealerships SAN MATEO and TORRANCE, Calif., Oct. 8, 2014 – Today, at the SXSW Eco conference in Austin, TX, SolarCity® (Nasdaq: SCTY) and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the U.S. The companies have completed or initiated a range of solar projects for homeowners, dealerships and corporate facilities that total more than 12.5 MW of solar generation capacity. The two companies have already brought enough solar capacity online to offset more than 400 million pounds of CO2 over a 30-year lifecycle . The $50 million fund is a follow-up to a $65 million fund the companies created in 2013.

Honda recalls 2.23 million vehicles to replace Takata inflators

The Basics: Honda and Acura will recall 2.23 million vehicles in the US. The affected models are: 2005-2012 Acura RL 2007-2011 Honda CR-V 2007-2016 Acura RDX (early production MY 2016 vehicles only) 2007-2014 Honda Ridgeline 2009-2014 Honda Fit 2009-2014 Acura TL 2010-2014 Honda FCX Clarity 2010-2014 Honda Insight 2010-2013 Acura ZDX 2011-2015 Honda CR-Z 2013-2016 Acura ILX (early production MY 2016 vehicles only) The Problem: These vehicles have Takata's PSDI-5 airbag inflator on the driver's side, and this part could rupture if the airbag deploys. Injuries/Deaths: There are no reported ruptures of the PSDI-5 inflator in Honda or Acura vehicles. However, Takata's exploding components have links to at least 10 deaths worldwide because they can spray shrapnel at occupants. The Fix: Honda and Acura dealers will replace the inflators with parts from an alternative supplier. If You Own One: The repairs will begin this summer. Owners will receive a letter notifying them about the recall within 60 days and will get a second message when the parts are available. The company will prioritize older models in high-humidity regions first because these inflators would be most likely to rupture. More Information: Honda and Acura have now recalled 8.51 million vehicles in the US to replace their driver or passenger side inflators. This latest expansion came in the wake of a driver death from an airbag rupture in a Ford Ranger. Ford and Mazda already enlarged their safety campaigns. The National Highway Traffic Safety Administration also announced Audi, BMW, Daimler Vans, Mercedes-Benz, Saab, and Volkswagen would have recalls for this issue, too. Statement by American Honda Regarding Nationwide Recall of Certain Takata PSDI-5 Driver Front Airbag Inflators Feb 3, 2016 - TORRANCE, Calif. Approximately 2.23 million Takata PSDI-5 driver front airbag inflators will require replacement in Honda and Acura vehicles in the U.S. No PSDI-5 inflator ruptures have been reported in Honda or Acura vehicles Takata inflators will be replaced with parts from an alternative supplier with repairs beginning in the Summer of 2016 Based on a recent Defect Information Report (16E-005) from the airbag inflator supplier, Takata, Honda will conduct a national recall (16V-061) of approximately 2.23 million Honda and Acura vehicles in the United States to replace, free of charge to vehicle owners, the PSDI-5 Takata driver front airbag inflators installed in those vehicles.

Automotive April Fools' joke roundup [w/videos]

Happy April, everyone. And we all know what this first day of the month means: April Fools' Day. Today is a national holiday for pranksters with the Internet acting as a serious enabler, and it's always fun to see what kind of vivid imaginations exist out there in the automotive world. The abundance of fake news gets a little old as the day rolls on, but we did manage to get in a few chuckles thanks to a handful of major automakers and automotive news outlets that got into the pranking spirit this year
Some of our favorites this year includes Subaru showing what happens when you combine a bunch of rumors, a Corvette some may have already thought was a joke or Honda providing some in-car innovation circa the late 1980s. Honestly, we're still waiting for official confirmation from Mitsubishi that the recently introduced 2014 Mirage is an elaborate April Fools' joke using a failed design intended for the 1995 Geo Metro. We dug up as much "official" OEM foolishness we could find, as well as some of our other favorites, and posted them all below.