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Honda reports $1.9 billion profit in first quarter despite sales lag at home

Ford, General Motors and Chrysler have been living in a world of sunshine and buttercups after their April-through-June financials hit the newswire, and Toyota is doing pretty good as well. Honda? Not so much.
While Japan's third-largest manufacturer saw $1.9 billion in profits, the 5.1-percent jump was lower than expected thanks to a drop in its home-market sales. US sales also took a sting, as Honda hasn't been able to match the SUV and truck demand that are currently permeating the American market, despite an uptick in Accord sales.
Honda's initial forecasts targeted a take of 209.3 billion yen ($2.1 billion at today's rates), and while a $200 million shortfall is nothing to sniff at, we'd hardly take this as Honda being in trouble. And even with the dip, Honda hasn't adjusted its forecast for the fiscal year, which remains at 780 billion yen ($7.9 billion).

Acura TLX Luggage Test | Perfectly reasonable trunk space

The Acura TLX has a 13.5-cubic-foot trunk according to the spec sheet. That would be comparable to a typical compact mainstream sedan despite the TLX's exterior dimensions being more akin to a midsize sedan (its 194.6-inch length is right smack between a Toyota Camry and Honda Accord). Luxury cars usually sacrifice utility for style, and by adapting cab-rearward proportions for this latest generation, it shouldn't be surprising that the TLX follows the trend.  However, how much utility does the new TLX sacrifice and is the trunk still useful? Let's find out. It's a fairly deep space, but the amount of width and space behind the wheel wells is also reasonably generous and seemingly useful. As with every luggage test, I use two midsize roller suitcases that would need to be checked in at the airport (26 inches long, 16 wide, 11 deep), two roll-aboard suitcases that just barely fit in the overhead (24L x 15W x 10D), and one smaller roll-aboard that fits easily (23L x 15W x 10D). I also include my wife's fancy overnight bag just to spruce things up a bit (21L x 12W x 12D).  To start off, I lined the biggest bags on their sides to demonstrate the difference in the trunk's width relative other sedans. Only three can fit, whereas you can fit four in the majority of midsize sedans. Nevertheless, all the bags fit. That's not the case with the Cadillac CT4 or CT5, or the big fibber, the BMW 3 Series and its "17-cubic-foot" trunk.  Basically, the numbers make sense here. While it can hold all the bags, there really isn't any leftover space as there is in a midsize sedan. That said, I should note that there are plenty of compact crossovers that can't fit all these bags below their cargo covers, including the Mercedes GLC and Alfa Stelvio.  OK, one more trunk-related note. While there is a spare-tire-shaped hole under the trunk floor, there is no spare tire. Instead, you get a compressor encased in foam covering the car's battery. Putting the battery in the trunk is totally normal, but there's something a tad bootleg about this placement. It seems like an afterthought. It almost certainly has to do with engine compartment packaging and/or weight distribution, but it does mean you do without a spare tire. Or, I suppose as BMW is apt to do, extra under-floor cargo space.  Related Content  

Honda renews trademark for Acura CDX compact crossover

Honda recently renewed its U.S. trademark for the name "CDX," which the Japanese carmaker first applied for in 2015. Back then, observers expected the name to apply to an Acura version of the Honda HR-V, and they were right — but no one expected the CDX would go on sale only in China, in 2016. For the past two years, the U.S. auto media has speculated on whether the CDX will ever make it here. "(We) have our R&D guys looking into the possibility," group VP of Acura U.S. Jon Ikeda told Wards Auto last April about the CDX. However, he went on to note that it's not as simple as just shipping it over due to regulation differences between China and the United States. The trademark application doesn't mean a green light, but it shows Honda's at least leaving the door open to the prospect. The Chinese-market CDX is a Honda HR-V after a wardrobe change. The only engine option is the 1.5-liter turbocharged four-cylinder from the Civic, CR-V, and Accord, with 179 horsepower and 177 pound-feet (our HR-V uses a 1.8-liter four-cylinder with 141 hp and 127 lb-ft). The only transmission offered is an eight-speed dual-clutch gearbox. Drivetrains can be had in front- or all-wheel drive. We wonder how much longer Honda can sit on the sidelines. The CDX doubled Acura's sales in China in one year. Acura sells more crossovers than sedans in the United States, and in the past two years that the CDX has been on sale in China, the compact crossover segment here has got more crowded and more popular. The Cadillac XT4 is imminent, and we could see the new Lexus UX compact crossover at the Geneva Motor Show. Really, an American-market Acura CDX can't come soon enough. Related Video: News Source: Bozi Tatarevic via Autoevolution Auto News Government/Legal Rumormill Acura Honda Crossover Luxury honda hr-v