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Honda profit targets tumble in wake of Takata scandal
Fri, Jan 30 2015Takata's massive airbag inflator recall will likely do some damage to Honda's bottom line this year, according to the Japanese automaker's latest forecasts. The company will allocate 50 billion yen ($425 million) to fulfill costs related to the safety campaigns, Reuters indicates. The decision will reduce estimated operating profit by about 6.5 percent to 720 billion yen ($6.1 billion US) for the fiscal year ending March 31. In addition to lower profits, Honda also cut back its sales estimate for the year to 4.45 million vehicles from the previous 4.62 million, according to Reuters. This was largely due to lower-than-expected demand in Japan. "We are not seeing a big impact on sales in North America from the airbag issue," company vice president Tetsuo Iwamura (pictured above) told Reuters. The decreased forecasts come at the same time as the possibility of another death in a Honda vehicle from the Takata parts. According to Automotive News, a man in Florida died in a crash in his 2002 Accord, but investigators have not yet determined whether the inflator was the cause. However, the vehicle was included in a 2011 recall for the part and was not repaired. The family intends to file a lawsuit alleging the inflator ruptured, spraying metal shrapnel into the driver's neck. Reportedly, the owner was never notified of the recall. While the Takata inflator recall is affecting many companies with alleged links to at least five deaths and 139 injuries worldwide, Honda has it among the worst. Including vehicles covered under the previous regional repair campaign for the issue, the automaker needs to repair roughly 5.4 million vehicles just in the US. Honda has taken action by employing suppliers other than Takata to supply some of its replacement parts for the recall. The business is also reportedly switching airbag suppliers for the next-gen Accord and possibly the 2016 CR-V and Odyssey.
Watch a motorcycle racer nearly rub the wall at Macau's track
Sun, Apr 10 2016Motorcycle racer John McGuinness is no stranger to dangerous racetracks, having scored multiple victories in the frequently deadly Isle of Man TT. In this video, he trades the Snaefell Mountain Course's winding roads for the incredibly tight confines of the Macau Grand Prix circuit. The track is like China's version of the Circuit de Monaco, and it looks barely wide enough for two bikes to fit at some points in this clip. The claustrophobic layout makes the street track famously difficult for racing and occasionally deadly. McGuinness gives viewers a great tour of the track on his Honda Fireblade, and he frequently has his shoulders nearly grazing against the wall. You really get a sense of just how narrow the course gets. The ride looks both terrifying and very fun. If you want to see more of McGuinness' skill, here's a clip of him riding at Le Mans at night. We look forward to watching him at the Isle of Man again this year, too. McGuinness not only set a new electric bike lap record there in 2015 but also won the SES TT Zero Challenge. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Alonso and Button try out Honda's Uni-Cub mobility scooter
Thu, Feb 12 2015As two of the best racing drivers in the world, Fernando Alonso and Jenson Button have some pretty serious wheels at their disposal. They'll both be driving the latest McLaren-Honda MP4-30 on the track this year, will likely have access to supercars like the new Acura NSX or McLaren 650S for toying around with when they're not working, and probably each have an enviable motor pool of their own at home. This, then, must have been quite a change of pace for them both. As you can see from this video tweeted by McLaren, the two highly accomplished F1 drivers hopped on a very different set of wheels recently: namely, Honda's Uni-Cub "personal mobility device." The experimental electric motorized bar stool is controlled by shifting your weight to and fro (like a Segway), but stands just two feet tall and tops out at less than four miles per hour. At that rate, it would take them almost an hour to take one lap around the Circuit of the Americas in Austin, TX, where the 2015 United States Grand Prix will be held in October. In that same time span, for perspective's sake, they'd be lapped more than 30 times by their rivals... so they'd better stick to the racing machinery once the championship gets under way. What happened when @alo_oficial and @JensonButton got hold of a UNI-CUBAcA?A¦ https://t.co/YP8r9z1OsG - McLaren (@McLarenF1) February 10, 2015
