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Honda exec says US market near capacity, could hurt subprime buyers

Is there a point in the US auto industry where companies should start considering the welfare of their customers ahead of selling more cars? American Honda Executive Vice President of Sales John Mendel thinks that level exists, and we may be getting very close to it.
According to Automotive News, Mendel believes that finding more customers in the market could require pursuing subprime buyers and offering longer-term loans. However, he refuses to use those tactics. While selling models this way can improve things briefly, the strategies hurt resale prices and lower vehicle profits over time. The company won't do "stupid things in the short-term that damage the person who bought yesterday," he said to Automotive News. "It's a very, very short-term tactic especially in the subprime area."
American Honda, which combines the Acura and Honda brands, has seen market share decline from 9.7 percent to 9.1 percent through July 2014, according to Automotive News, and Autoblog's By the Numbers stats showed it posted falling sales in five of the seven months with data this year. Though, Mendel claims that was partially because the company focused on retail sales over fleets. The delays of the launches for the Honda Fit and Acura TLX likely didn't help either.

Acura recalls 7,387 new RLX sedans over suspension bolts

Acura has announced a recall for the 2014 RLX due to improperly tightened rear suspension bolts that could come loose and increase the risk of a crash. The National Highway Traffic Safety Administration has yet to formally issue a recall notice for the RLX, but Acura says that a total of 7,387 RLX sedans are affected, which seems to include markets outside of the US as there have only been 4,456 of the sedans sold through November.
While there isn't an official NHTSA statement, there is one complaint on the government agency's site for a similar incident that caused a driver to almost lose control of the vehicle. Recall notices will be mailed out to customers starting next month, but in the meantime, Acura has issued a press release, which is posted below, and includes contact information that will be useful for affected RLX owners.

2002 Acura NSX fondly remembered in MotorWeek's retro clip

After a long wait, the new Acura NSX is finally here, but so far the latest generation is proving polarizing among enthusiasts. Whether it's complaints about the styling, the nearly $200,000 price, or the switch to hybrid power, nearly everyone seems to have a critique about the new sports coupe. That said, nostalgia for the original NSX remains strong, and the latest MotorWeek Retro Review of the 2002 model reminds us how different the new NSX is from the original. The 2002 model year marked the NSX's transition from pop-up headlights to fixed units, and it also features less noticeable styling tweaks along the sides and at the rear. Behind the driver, there is a 3.2-liter V6 with 290 horsepower and 224 pound-feet of torque, and it routes through a six-speed manual to get the coupe to 60 miles per hour in five seconds. There was also an available automatic gearbox with a 3.0-liter V6 that made 252 hp and 210 lb-ft. MotorWeek's review lavishes praise on the way the NSX drives by calling it "almost unflappable" and saying "body roll was almost nonexistent." With traction control off, the coupe changes character by becoming more twitchy and requiring that drivers use a careful balance of throttle and steering. Sounds perfect. Easily the best part of the review is when MotorWeek claims that a second-generation NSX is on the way. Over a decade later, that vehicle is finally, almost, on sale. Will it live up to the red-hot NSX standard of yore? We're about to find out. If you need any more nostalgia, the show previously remembered the '91 NSX, too. Related Video: