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Honda previews next-gen JDM Odyssey minivan

Some automakers market the same cars around the world, while others offer different models - even under the same nameplate - for different markets. We're thinking of cars like the Volkswagen Passat or the previous Mazda6. Honda's been known to do so as well, with models like the Accord and Odyssey, which are completely different in North America than they are in other parts of the world.
Now Honda has provided the first glimpse at the Odyssey minivan it offers for the Japanese Domestic Market (as well as Europe and other parts of the world). Though more compact than the US-market version, the new overseas Odyssey appears larger than the model it replaces, with a taller roofline increasing interior space.
Though Honda hasn't released the model's full specifications, power is expected to come from a 2.4-liter inline-four mated to a continuously variable transmission. Beyond that, buyers will likely be able to choose between front- and all-wheel drive, two cabin layouts, two interior colors and seven or more exterior paints. The images also point towards blind-spot and auto-braking systems and an apparent eco mode. Although unconfirmed, we expect to see the new JDM Odyssey make its debut at the upcoming Tokyo Motor Show.

Major automakers post mixed US June sales figures

General Motors, Ford and Fiat Chrysler Automobiles NV posted declines in US new vehicle sales for June on Monday, while major Japanese automakers reported stronger figures. Once again, demand for pickup trucks and crossovers offset a decline in sedan sales. Automakers' shares rose as overall industry sales still came in above Wall Street expectations. The US auto industry is bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. Analysts had predicted that overall, US vehicle sales would fall in June for the fourth consecutive month. As the market has shown signs of cooling, automakers have hiked discounts and loosened lending terms. Car shopping website Edmunds said on Monday the average length of a car loan reached an all-time high of 69.3 months in June. "It's financially risky, leaving borrowers exposed to being upside down on their vehicles for a large chunk of their loans," said Jessica Caldwell, Edmunds' executive director of industry analysis. GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." GM shares were up 2.4 percent in morning trading, while Ford rose 3.3 percent and FCA shares jumped 6 percent. "US total sales are moderating due to an industry-wide pullback in daily rental sales, but key US economic fundamentals clearly remain positive," said GM chief economist Mustafa Mohatarem. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." Ford said its sales for June were hit by lower fleet sales to rental agencies, businesses, and government entities, which fell 13.9 percent, while sales to consumers were flat. But it sold a record 406,464 SUVs in the first half of the year, with Explorer sales increasing 23 percent in June. And sales of the F-150 had their strongest June since 2001. On a media call, Ford executives said an initial read of automakers' sales figures indicated a seasonally adjusted annualized rate of around 17 million new vehicles for the month, which would be better than 16.6 million units analysts had predicted. FCA said June sales decreased 7 percent versus the same month a year earlier.

2014 Honda Odyssey revamp only costs an extra $150*

Honda has released pricing on its 2014 Odyssey. Buyers can take home the revamped minivan for $28,825 (excluding an $830 destination fee). That price marks a $150 increase over the 2013 model, but that extra Benjamin and a half buys you a whole slate of updates. Those include a new six-speed automatic transmission in all trims, revised exterior styling and a few tweaks to the instrument cluster and dash controls. Honda's familiar 3.5-liter V6 engine provides 248 horsepower and 250 pound-feet of torque, and the new gearbox helps the van return 19 miles per gallon city and 28 mpg highway.
Of course, those who opt for the top-shelf $44,450* Touring Elite trim will get to play with the new HondaVac vacuum cleaner system. The handheld vac is built into the van's rear cargo area and recharges using the onboard 12-volt electrical system. The little vacuum features a removable debris canister as well as a replaceable filter bag and can run for eight minutes between charges. Check out the full press release below for more information.