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2016 Honda HR-V officially finds its fit in Los Angeles

Honda's extended tease for the 2016 HR-V compact crossover is finally over. The CUV debuted in Japan late, last year, and the company has trotted various versions to shows around the world since then. The time has finally come for all of the details about the US version to be revealed at this year's Los Angeles Auto Show.
Honda has been keeping the HR-V's powertrain a closely guarded secret - until now. All of them get a 1.8-liter four-cylinder that makes 138 horsepower and 127 pound-feet of torque with the choice of either a six-speed manual or CVT. Either front- or all-wheel drive is available, but the six-speed is only available on front-driving models.
Based on the same platform as the Fit, the HR-V actually doesn't seem to share much with its smaller sibling in terms of looks and instead borrows more cues from its big brother - the latest 2015 CR-V. Bits of Honda's larger crossover peek out in the grille and roof shape, but the HR-V reinterprets the design in its own funky way. Hiding the rear door handles near the rear pillar is an especially clever touch. The compact's wheelbase is 102.8 inches, just 0.3 inches shorter than its larger sibling. However, overall length for the new model is 169.1 inches, about 10 inches shorter than the CR-V.

Honda CR-V updated for 2015

The CR-V was first introduced way back in the mid-90s, but Honda has done a good job of keeping it fresh. Now four generations in, the CR-V has been replaced every four or five years. And though the latest version just arrived on the scene a couple of years ago, Honda's giving it a refresh for the 2015 model year.
We've already spied these changes, but now, the Japanese automaker has officially released the image you see above, showing the updated 2015 CR-V with some cosmetic enhancements. The chrome bar at the bottom of the grille integrates smartly with the LEDs outlining the projector-beam headlights, capping a reshaped front bumper with new fog lamps.
Of course, the wheels and mirror caps have been redone as well, but we'll have to wait until Honda releases the full monte to see what the new CR-V looks like around back, inside and under the hood. All Honda is confirming at the moment is that the revised styling "portends the significant enhancements made to the 2015 CR-V" and that it will release further information on September 30 before the updated model goes on sale October 1, so watch this space for more.

How new car shortages may impact your buying experience

If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.