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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).

10 best new car deals in late September 2021

New car sales were drastically affected in 2020 due to the ongoing coronavirus pandemic, but things started to show signs of recovery toward the end of the year before really coming on strong in the early months of 2021. Now there's an ongoing shortage of microchips causing a great deal of pricing fluctuation and a limited supply of certain vehicles. That doesn't mean there aren't still great deals on new cars, though. Using data provided by TrueCar, we’ve compiled a list of some of the best automotive deals for September 2021. WeÂ’ve noted the original MSRP, the average transaction price, and the total savings in both dollars and as a percentage of the original sticker price. Basically, weÂ’ve done all the hard work for you! So now, all you need to do is compare deals, go on a few test drives, and maybe drive away in a great car (and an even better bargain).

2015 Acura TLX launch delayed

Last week in New York, Acura pulled the wraps off its all-new TLX sedan - a midsize model that replaces both the TSX and TL in one fell swoop. In a bit of behind-the-scenes full disclosure, we were originally scheduled to get our first drive of the car in early May. But an intrepid reader forwarded us an email to Acura dealers saying that the on-sale date of the TLX will be pushed back, and subsequently, the automaker confirmed to Autoblog that the official media launch has been postponed, as well. Acura spokesperson Chuck Schifsky tells us that the 2015 TLX will now go on sale later this summer.
"We don't view it as a major delay," Schifsky told Autoblog. The TLX is "the most technologically advanced Acura" yet - even more so than the original NSX, Schifsky says - and thus, there are "lots of systems to get sorted out." When asked if there is a specific component to point to regarding this delay, Schifsky told Autoblog that it's "not any one thing."
"We have determined that it is necessary to modify the production schedule for the 2015 TLX, which will move the on-sale date to late summer."