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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).

Comparison test: 2019 Acura RDX vs. compact luxury SUV competitors

Truth be told, if we were to compare the all-new 2019 Acura RDX with those compact luxury crossover SUVs it would most likely be cross-shopped against, you'd be looking at a different list. Even Acura admits that Lexus and Infiniti are the most likely bogies, but with the 2019 RDX, Honda's luxury brand is attempting to attract those customers who think as much with their hearts as with their heads. And for the most part, those folks have been buying from German brands: the Audi Q5, BMW X3 and Mercedes-Benz GLC-Class. So, to show how the new RDX compares to them, Acura actually provided examples of each during the recent press drive along with a Volvo XC60. All were determined to have greater emotional appeal than the last RDX, and we would certainly agree. For, as much as the previous-generation RDX made sense on paper, it was really hard to get excited about it. And when you're paying extra for a luxury vehicle, shouldn't you get a little excited? Well, as luck would have it, Consumer Editor Jeremy Korzeniewski and I were on hand in Whistler, British Columbia, for the press launch. We didn't have an abundance of time in each RDX competitor, but in conjunction with our usual comparison chart, our impressions should provide a good first taste of how the new RDX compares. Performance and fuel economy Contributing Editor James Riswick: On paper at least, the RDX is gutsier than its comparably powered European rivals. It also weighs the same or less, which logically should mean it'll be the quickest in a straight line. During my brief drives, though, I'm not sure it really stood taller than the three Germans. It at least matches them for smoothness, which is something that can't be said about the Volvo. Fuel economy is lower than them all when you consider all but the Mercedes come standard with all-wheel drive. It's also worth noting that all the competitors are available with engine upgrades, and unless Acura's forthcoming resurrection of Type S models includes the RDX, it should stay that way. Consumer Editor Jeremy Korzeniewski: Line 'em all up in a drag race, and I have a feeling the Acura would squirt away to victory. A good bit of that, though, would be due to its 10-speed automatic transmission, which offers a huge spread of ratios and fires off extremely quick shifts. In the real world, I'd guess fuel economy will be similar across the board, so I'm willing to call that category a draw.

2019 Acura RDX named a Top Safety Pick+ by IIHS

To the accolades being heaped on the all-new 2019 Acura RDX, the automaker can now add another: a Top Safety Pick+ designation from the Insurance Institute for Highway Safety, the organization's coveted top rating. IIHS cites the SUV's good crashworthiness ratings, standard front crash prevention technology and even the availability of "good"-rated headlights, which has become perhaps the group's most daunting hurdle. To qualify for IIHS's top award, a vehicle must earn "good" ratings in the driver-side small overlap front crash test, moderate overlap front, side, roof strength and head restraint tests and an "acceptable" or "good" rating in passenger-side small overlap test. The RDX earns "good" ratings across the board. IIHS also rated the standard AcuraWatch safety technology as "superior," saying it avoided collisions at 12 and 25 mph, and it rated the base LED headlights as "good" and the curve-adapted headlights on the top-of-the-line Advance trim as "acceptable." Autoblog recently learned that 40 vehicle models earned good enough crash ratings to qualify for IIHS' Top Safety Pick rating but fall short because they don't meet the organization's criteria for good headlights. Acura says the 2019 RDX features the newest generation of its Advanced Compatibility Engineering body structure, plus new high-strength steel door stiffener rings and eight airbags. The AcuraWatch suite of safety technologies includes collision mitigation braking, adaptive cruise control and road departure mitigation, all standard. The RDX is powered by a 2.0-liter turbo-four engine that makes 272 horsepower and 280 pound-feet of torque and comes with a 10-speed automatic. The compact luxury crossover went on sale June 1 and set monthly sales records in both June and July. You can find Autoblog's driving review of the 2019 RDX here. Related Video: