Find or Sell Used Cars, Trucks, and SUVs in USA

2007 Honda Odyssey Ex-l Dvd Leather 7-pass Power Doors Heated Seats Alloys Satcd on 2040-cars

US $11,980.00
Year:2007 Mileage:93811 Color: Color
Location:

Houston, Texas, United States

Houston, Texas, United States
Advertising:

2007 Honda Odyssey EX-L w/DVD 4-Door Van
Exterior Color:     Ocean Mist Metallic Interior Color:     Gray Stock Number:004028
Mileage:93,811 Engine:V6 3.5L Fuel:Gasoline
Transmission:Automatic Warranty:As Is - No Warranty Title:Clear
VIN:5FNRL38707B004028 CARFAX:CARFAX Buyback Guarantee AutoCheck:FREE AutoCheck Vehicle Report
2007 Honda Odyssey EX-L w/DVD - Photo 1 - Houston, TX 77031
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Vehicle Description
Ultimate Motorsport Presents
 
2007 Honda Odyssey EX-L DVD
 
SUNROOF ! LEATHER ! ALLOYS ! XENONS !
REAR DVD ENTERTAINMENT SYSTEM !
3RD ROW 7 PASSENGER SEATING !
PREMIUM SOUND SYSTEM !
EX-L PACKAGE !
COLD WEATHER PACKAGE
!

 
CARFAX & AUTOCHECK CERTIFIED NO ACCIDENTS CLICK CARFAX OR AUTOCHECK LOGO FOR FREE
REPORTS
 
 
ADD A 3 MONTH 3,000 MILE WARRANTY
FOR ONLY $ 295
ASK US FOR DETAILS ON A 4 YEAR UNLIMITED MILES NATION WIDE WARRANTY !!
 
PEACE OF MIND ! BUY WITH CONFIDENCE !!
 
 
70+ PICTURES BELOW AFTER DESCRIPTION
 
THIS CAR IS LOADED WITH THESE OPTIONS:
 
 
 
SUNROOF WITH POWER SLIDING GLASS
XENON HEADLIGHTS
TELESCOPING STEERING WHEEL WITH CONTROLS
CRUISE CONTROL
DUAL ZONE AC AND HEAT
REAR AC HEAT
ALARM SYSTEM WITH KEYLESS ENTRY
FULL LEATHER WITH BLACK TRIM INTERIOR
HOMELINK
EXL PACKAGE
ROOF RACK
REAR SPOILER
LIFTGATE
POWER SLIDING DOORS
POWER HEATED LEATHER SEATS WITH MEMORY AND LUMBAR
PREMIUM SOUND SYSTEM WITH CD CHANGER AM FM
POWER WINDOWS AND MIRRORS
FOG LIGHTS
TRACTION CONTROL
PREMIUM ALLOY WHEELS
TINTED WINDOWS /REAR PRIVACY GLASS
STOW-N-GO SEATS
3RD ROW 7 PASSENGER
REAR DVD ENTERTAINMENT SYSTEM
REMOTE KEY
 
 
 
MUCH MUCH MORE SEE IT TO BELIEVE IT !!!
 
Beautiful BLUE on
GRAY LEATHER WITH BLACK TRIM Interior!!
 
Low Buy It NOW or Make us an Offer NOW!!

100% Positive Feedback
OWN THIS BEAUTY at a Fraction of the
Original $ 39,000 Price!!!
COMPARE AT
KELLY BLUE BOOK $ 17,640
NADA RETAIL $ 13,425

OUR BUY IT NOW $ 11,980
WOW ! WHAT A DEAL  !!!
 
WONT LAST LONG AT THIS PRICE !!! CALL US TODAY AT
281-506-8808

If You are Looking for a HONDA ODYSSEY with all the options with LOW MILES, You Don't Have to Look any Further!!!
DON'T SLEEP ON THIS ONE!

NOTE: JUST LIKE ANY USED VEHICLE FEW VERY MINOR NICK NACKS DUE TO NORMAL WEAR AND TEAR AND ROAD DEBRIS.
REMEMBER: YOU ARE BUYING A TOP LOADED USED VEHICLE IN CLEAN CONDITION NOT A BRAND NEW ONE!

Bid with Excitement & Confidence!!!
Only at ULTIMATE MOTORSPORT !!
Good Luck & Happy Bidding!!!
FOR ANY QUESTIONS FEEL FREE TO CALL US AT
281-657-7293

So, If you are in the market for a LATE MODEL, VERY AFFORDABLE HONDA ODYSSEY, then you owe it to yourself to take a closer look

LOW BUY-IT-NOW or MAKE AN OFFER!!!
 
WE FINANCE ! APPLY ONLINE FOR AUTO LOANS AS LOW AS 2.99%

FOR ANY QUESTIONS OR CONCERNS FEEL FREE TO CONTACT @ (281) 506-8808
or email sales
 
DOOR TO DOOR SHIPPING AVAILABLE ASK FOR A QUOTE !
We Export For Canadian Customers
Email:
sales@ultimatems.com
Call
281-506-8808
Visit
10311 Altonbury Lane
Houston TX 77031
 
 
Additional Photos
2007 Honda Odyssey EX-L w/DVD - Photo 2 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 3 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 4 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 5 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 6 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 7 - Houston, TX 77031
REAR PRIVACY GLASS
 
2007 Honda Odyssey EX-L w/DVD - Photo 8 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 9 - Houston, TX 77031
XENONS
 
2007 Honda Odyssey EX-L w/DVD - Photo 10 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 11 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 12 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 13 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 14 - Houston, TX 77031
POWER SLIDING DOORS
 
2007 Honda Odyssey EX-L w/DVD - Photo 15 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 16 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 17 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 18 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 19 - Houston, TX 77031
SUNROOF
 
2007 Honda Odyssey EX-L w/DVD - Photo 20 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 21 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 22 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 23 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 24 - Houston, TX 77031
HEATED SEATS
 
2007 Honda Odyssey EX-L w/DVD - Photo 25 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 26 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 27 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 28 - Houston, TX 77031
POWER SEATS
 
2007 Honda Odyssey EX-L w/DVD - Photo 29 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 30 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 31 - Houston, TX 77031
PREMIUM LEATHER
 
2007 Honda Odyssey EX-L w/DVD - Photo 32 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 33 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 34 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 35 - Houston, TX 77031
2ND ROW CAPTAINS CHAIRS
 
2007 Honda Odyssey EX-L w/DVD - Photo 36 - Houston, TX 77031
REAR DVD ENTERTAINMENT
 
2007 Honda Odyssey EX-L w/DVD - Photo 37 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 38 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 39 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 40 - Houston, TX 77031
3RD ROW 7 PASSENGER SEATING
 
2007 Honda Odyssey EX-L w/DVD - Photo 41 - Houston, TX 77031
STOW-N-GO
 
2007 Honda Odyssey EX-L w/DVD - Photo 42 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 43 - Houston, TX 77031
3.5 LITER V6 ENGINE
 
2007 Honda Odyssey EX-L w/DVD - Photo 44 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 45 - Houston, TX 77031
PREMIUM ALLOY WHEELS
 
2007 Honda Odyssey EX-L w/DVD - Photo 46 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 47 - Houston, TX 77031
2007 Honda Odyssey EX-L w/DVD - Photo 48 - Houston, TX 77031
REMOTE KEY
 
Contact Information
Name: Sales Department Main Phone: (281) 506-8808 Alt. Phone: (281) 657-7293
Vehicle Features & Options
Standard Features
Appearance /
  Exterior:
  • Rear Spoiler
    Comfort:
    • Height Adjustable Adjustable Rear Headrests
    • Air Filtration
    • Cargo Area Light
    • Leather Door Trim
    • Carpet Floor Mats
    • Front Floor Mats
    • Dual Front Air Conditioning Zones
    • Height Adjustable Front Headrests
    • 2 Number of Front Headrests
    • 3 Number of Rear Headrests
    • 3 Number of Third Row Headrests
    • Front and Rear Reading Lights
    • Rear Air Conditioning
    • Single Rear Air Conditioning Zones
    • Rear Floor Mats
    • Leather Shift Knob Trim
    • Leather Steering Wheel Trim
    Convenience:
    • Cruise Control
    • Front, Rear and Third Row Cupholders
    • Multi-Function Remote
    • Overhead Console With Storage
    • 12V Front Power Outlet(s)
    • 12V Rear Power Outlet(s)
    • Speed-Proportional Power Steering
    • Remote Trunk Release
    • Steering Wheel Mounted Audio Controls
    • Steering Wheel Mounted Cruise Control
    • Tilt and Telescopic Steering Wheel
    • Door Pockets - Front and Rear
    • Front Seatback
    • Grocery Bag Holder
    • Under Seat
    • Universal Remote Transmitter
    Drivetrain /
      Suspension:
    • 4-Wheel ABS
    • 4.31 Axle Ratio
    • Braking Assist
    • Cargo Tie Downs
    • Front Wheel Drive
    • Electronic Brakeforce Distribution
    • Lower Control Arms Front Arm
    • Coil Springs Front Spring
    • Independent Front Suspension
    • Macpherson Struts Front Suspension
    • 11.6 Front Brake Diameter
    • Ventilated Disc Front Brakes
    • Coil Springs Rear Spring
    • Independent Rear Suspension
    • Double Wishbone Rear Suspension
    • 12.3 Rear Brake Diameter
    • Disc Rear Brakes
    • Trailing Arms Rear Suspension
    • Stability Control
    • Front Stabilizer Bar
    • Traction Control
    Entertainment /
      Telematics:
    • Element Antenna
    • Audio Security System
    • Clock
    • DVD Player
    • Electroluminescent Instrumentation
    • External Temperature Display
    • Headphones
    • 6 Disc In-Dash CD
    • AM/FM Radio
    • Separate Rear Audio Rear Audio
    • Audio and Video Remote Control
    • Tv
    • Tachometer
    • 6 Total Number of Speakers
    • 9 Video Monitor Size
    • Audio/Video Input Video Games
    • Rear Video Monitor Location
    • Low Fuel Level Warnings and Reminders
    • 120 Watts
    Exterior:
    • Auto Delay Off Headlights
    • Liftgate Rear Door
    • Dual Power Sliding Side Door
    Header:
    • No Midyear Release
      Rims / Tires:
      • Inside Mount Location
      • P Prefix
      • Temporary Tires
      • Steel Spare Wheel Rim
      • Tire Pressure Monitoring System
      • All Season Tires
      Roof / Glass:
      • Intermittent Front Wipers
      • 1 One-Touch Windows
      • Power Windows
      • Remote Operation Power Windows
      • Privacy Glass
      • Rear Defogger
      • Power Rear Quarter Windows
      • Intermittent Rear Wiper
      • Roof Rack
      • Power Glass Sunroof
      • Side Window Sunshade
      Safety:
      • Remote 2-Stage Unlocking
      • Remote Anti-Theft Alarm System
      • With Engine Immobilizer Anti-Theft Alarm System
      • Child Safety Locks
      • Child Seat Anchors
      • Heated Exterior Mirrors
      • Heated Driver Mirror Exterior Mirrors
      • Power Exterior Mirrors
      • Dual Front Airbags
      • Occupant Sensing Passenger Airbag Deactivation
      • Remote Power Door Locks
      • Rolling Code Key Rolling Code Security
      • Front Side Airbags
      • Front, Rear and Third Row Side Curtain Airbags
      • Side-Curtain Airbag Rollover Sensor
      • Dual Illuminating Vanity Mirrors
      Seating:
      • Split Folding Folding
      • Captains Chairs Front Seats
      • Heated
      • Height Adjustable
      • 8 Power Adjustments
      • 3-Point Rear Center Seatbelt
      • With Independent Controls Rear Heat
      • Reclining
      • Front Seatbelt Pretensioners
      • 40-20-40 Split Bench Seating
      • 40-60 Split Bench Seating
      • Leather Upholstery
      View our eBay Feedback:

      eBay Motors
      ultimate_motorsport_inc
      Financing Information
      We Finance ! Rates a slow as 2.99% with Approved credit
      Fill out our credit app today by clicking the link above !
      Shipping Information
      WE SHIP AND EXPORT WORLDWIDE
      GREAT LOW NATIONWIDE US SHIPPING RATES !!
      Canadian Customers Welcome
      Email us your zip code for Special Shipping Rates !
      email sales@ultimatems.com
      If Outside US or Canada email us your Port City and Country
      for a quote !
      Dealership Information
      Ultimate Motorsports
      Main Phone:(281) 506-8808
      Alt. Phone:(281) 657-7293
      Email:sales@ultimatems.com
      Business Hours:
      Weekdays:9:00 AM to 7:00 PM
      Saturday:10 TO 5PM
      Sunday:CLOSED
      Location:
      10311 Altonbury Lane
      Houston, TX 77031
      Map of Ultimate Motorsports at 10311 Altonbury Lane, Houston, TX 77031
      Terms of Sale
      Standard Terms & conditions
       

      PLEASE READ CAREFULLY! BY SUBMITTING A BID, MAKING AN OFFER OR CLICKING THE BUY IT NOW YOU ARE AGREEING TO THE FOLLOWING TERMS AND CONDITIONS.

      Fee and Tax Information: All Texas residents will pay 6.25% state sales tax and $ 133 Title Fee. This only applies to Texas Residents ONLY! Out of State customer only pay :

      All sales are subject to Texas V.I.T. tax based at a rate of .002834% of purchase price and $395.00 Processing fee.

      PAYPAL IS FOR DEPOSITS ONLY. WE DO NOT ACCEPT FULL PAYMENTS THOUGH THE PAYPAL.

      FINANCING IS AVAILABLE WITH APPROVED CREDIT (WAC) ONLY ! ALL BUY IT NOW PRICES LISTED ARE FOR CASH BUYERS OR IF CUSTOMERS ARRANGE THEIR OWN FINANCING !!!

      IF YOU CHOOSE TO CLICK THE BUY IT NOW OPTION YOU ARE REQUIRED TO PICK UP THE VEHICLE LOCALLY AND ADDRESS ANY ISSUES BEFORE THE VEHICLE LEAVES THE LOT.

      Please contact SALES@ultimatems.com or 281-657-7293
      Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A $500.00 NON REFUNDABLE deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise.  Most banks and credit unions do not finance vehicles older than 2002 or with more than 100K miles. Make sure if financing, your financial institution accepts the year and miles of this vehicle before bidding. Please arrange financing prior to bidding.
      Buyer is responsible for pickup or shipping of this vehicle. If you wish to have it shipped using a service, we will gladly cooperate, you can locate shippers by doing a search for `auto shippers`.
      If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale.
      Please do not bid on this auction unless you are serious about owning this vehicle.  All non-paying high bidders will be reported to Ebay, and negative feedback posted.
      PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY.  IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.
      By placing a bid on this vehicle you are entering into a legal and binding contract to purchase the above-described vehicle. We reserve the right to cancel all existing bids and end the auction early should the item no longer be available for sale.
      By bidding and buying this auction, you enter a contract that you have read and understood all the terms and conditions of this auction. 
      We reserve the rights to sell the car outside the ebay auctions. We reserve the right to end the auction anytime. We reserve the right to cancel any bid from any bidder. 
      This vehicle is being sold as is, where it is with no warranty, expressed written or implied. In either case, The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgment solely. The seller shall and will make reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
      Please understand that the vehicles are Pre-Owned vehicles and at times, the vehicles may come without accessories such as extra keys, cd magazines, navigation discs, floormats, tools, and owner's manuals. Please call for the exact accessories included for the vehicle. 
      Buyer's are responsible for shipping costs.
      All bidders should have all questions answered and loans pre-approved before bidding. Please note that Non paying buyers would be handled by our attorney. Remember buying a car on eBay is legal binding contract.

      All vehicles are sold "AS IS". This is in full accordance with the laws of the State of TEXAS regarding motor vehicle sales. You the buyer/bidder must have a complete understanding that this vehicle is used and we do not know the complete history of this vehicle. We are presenting this vehicle to the best of our knowledge. The accuracy of our description is based on any and all information that we were able to obtain concerning this vehicle either by records, previous owners statements, or other statements if any made by the persons who sold or traded in this vehicle. We ULTIMATE MOTORSPORT Inc or any of its employees or agents will not be held responsible. All buyers are responsible for having an independent inspection completed on their vehicle of inetrest prior to sale or close of auction. You are welcome to fly in or schedule a inspection with several companies in Houston area to have a car professionally inspected.

      WE ARE NOT RESPONSIBLE FOR ANY REPAIRS OR INSPECTIONS PRIOR OR AFTER THE SALE OF AN AUTOMOBILE. ALL VEHICLES SOLD AS IS WHERE IS !!

      WE WELCOME INSPECTIONS BUT PLEASE DO INSPECTIONS BEFORE THE SALE IS CONFIRMED ! 

      This Agreement will be governed the laws of the State of Texas (without regard to principals of conflict of laws). Any claims arising out of or related to this Agreement or the Goods shall be brought exclusively in Harris County, Texas. Bidder submits to the jurisdiction of all such courts. BIDDER AND SELLER HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION TO ENFORCE, DEFEND, CONSTRUE OR OTHERWISE CONCERNING THIS AGREEMENT OR THE GOODS. If it is necessary for bidder to commence litigation to enforce any portion of this Agreement, Seller will be entitled to recover from Bidder its reasonable attorneys’ fees and costs, including the reasonable fees of in-house counsel.

      Auction Views:  

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      Honda to offer $184k street legal version of MotoGP racer [w/videos]

      Fri, Jun 12 2015

      Fancy yourself a motorcycle racing talent on par with MotoGP factory riders like Dani Pedrosa and Marc Marquez? Have $184,000 to spend on a bike to prove it? Then get an order in on the Honda RC213V-S when the Japanese motorcycle maker begins taking global reservations on July 13. RC213V-S is designed to be the closest thing possible to legally riding Honda's two-time championship winning RC213V MotoGP racer on the street. Outside of the US, buyers can even spec an optional kit to make the bike track-only but raise the performance even higher. All versions use a 1.0-liter V4 and six-speed gearbox making 157 horsepower and 75 pound-feet of torque or over 212 hp and 87 lb-ft with the tuning package. That's not as much power as the Kawasaki Ninja H2R, but the Honda is a lightweight at 375 pounds for the street version or 353 lbs with the kit. In comparison, the factory racing example weighs just 348 lbs and produces over 235 hp. Being rideable on the road means losing some of the race bike's high-tech features, though. For maintenance reasons, the engine now uses coil-sprung valves, rather than the pneumatic units in MotoGP, and the seamless-shift transmission is replaced with a traditional one. Also there's some added equipment for legal reasons like lights, mirrors, and a muffler, plus useful things like a speedometer and starter. Honda has put out a few videos showing Marquez riding an RC213V-S and one opening up on track. Both are embedded below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. HONDA TO LAUNCH RC213V-S BY TURNING RC213V COMPETING IN MOTOGP RACES INTO A MODEL FOR PUBLIC ROAD RIDING 11/06/15 The RC213V is a machine exclusively for racing that has won consecutive championships in the MotoGP class of the FIM Road Racing World Championship Grand Prix (hereinafter called "MotoGP") in 2013 and 2014. Honda has made changes to some of the specifications of the RC213V, and will now introduce this as the RC213V-S. It is possible to ride the RC213V-S on public roads, and Honda will start accepting order entry for this new model on July 13, 2015. In 1954, Honda declared its intention of participating in the Isle of Man TT races, which were a part of the Road Racing World Championship Grand Prix at the time.

      Honda and Acura electric crossovers will be built by General Motors

      Wed, Jan 6 2021

      General Motors will partially offset the cost of developing electric technology by manufacturing battery-powered cars for Honda and Acura, according to an unverified report. Ultium battery technology is at the center of the deal. Without citing sources, industry trade journal Automotive News wrote that Honda has agreed to enlist rival-turned-partner General Motors as one of its EV suppliers during the first half of the 2020s. The factory that currently builds Chevrolet's Blazer and Equinox in Ramos Arizpe, Mexico, will begin manufacturing a Honda crossover in 2023, meaning it likely won't arrive until the 2024 model year. On the other side of the border, the former Saturn plant in Spring Hill, Tennessee, will churn out an Acura crossover beginning in 2024, about two years after it starts making the Cadillac Lyriq. Neither model has been revealed, and Honda hasn't commented on the report. Insiders familiar with the contents of the firm's product pipeline told Automotive News that both crossovers will be about as big as the Lyriq (pictured), which will be close in size to the 190-inch long XT5. Power for the two models will come from the Ultium battery technology that General Motors is developing for over a dozen electric cars, including the GMC Hummer and a Chevrolet-badged pickup we might discover next week during CES 2021. Both EVs will be built by General Motors, and they'll be powered by General Motors-developed technology (some will even receive OnStar and the hands-free Super Cruise driver assistance system), but everything motorists see and touch will be Honda- or Acura-specific. We're not expecting that the tie-up will spawn a pair of blandly badge-engineered crossovers; stylists will likely give each one its own design identity inside and out. Honda had previously confirmed plans to build at least two electric models on General Motors bones, and it announced that its American partner would also handle manufacturing, but this is the first time executives are throwing Acura onto the stage. What remains to be seen — assuming the report is accurate — is whether the Lyriq will compete directly against its Acura-branded sister model, or if they'll be positioned in different segments. Related video: Featured Gallery Cadillac Lyriq show car Green Acura Honda Electric

      Mixed sales results, but automaker stocks rise on need for cars in Houston

      Fri, Sep 1 2017

      DETROIT — The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their stocks higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, while Honda fell 2.4 percent. Still, analysts focused on the potential for Detroit automakers to cut inventories and stabilize used vehicle prices as residents of Houston, the fourth largest city in the United States, are forced to replace tens of thousands, perhaps hundreds of thousands, of vehicles after the devastation from Hurricane Harvey. Mark LaNeve, Ford's U.S. sales chief, told analysts on Friday that following Hurricane Katrina in 2005 "we saw a very dramatic snapback" in demand. That said, Ford sales fell 2.1 percent in August. It sold 209,897 vehicles in the United States, compared with 214,482 a year earlier. Sales were down 1.9 percent in the Ford division and off 5.8 percent at Lincoln. Demand was down for cars, crossovers and SUVs. It was not clear how many vehicles in the Houston area will be scrapped, LaNeve said, saying he had seen estimates ranging from 200,000 to 400,000 to 1 million. Ford's Houston dealers may have lost fewer than 5,000 vehicles in inventory, he said. Ford is the No. 1 automaker in the Houston market, with 18 percent share, according to IHS Markit. The company plans to ship used vehicles to Houston dealers and has "every indication we would have to add some production" of new vehicles to meet demand, LaNeve said. Investor concerns about inventories of unsold vehicles and falling used car prices have weighed on Detroit automakers' shares most of this year. Now, automakers can anticipate a jolt of demand from a big market that is a stronghold for Detroit brand trucks and SUVs. "It's got to be a positive for the industry," LaNeve said. Investors appeared to agree. GM shares rose as much as 3.3 percent to their highest since early March. Ford increased 2.8 percent at $11.34, and Fiat Chrysler's U.S.-traded shares were up 5.2 percent $15.91, hitting their highest in more than five years. GM reported a 7.5 percent increase in U.S. auto sales in August, helped by robust sales of crossovers across its four brands.