1989 Honda Crx Base Coupe 2-door 1.5l on 2040-cars

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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).

Honda Accord Hybrid sales capacity constrained

Honda might be selling more hybrids if it could just get them to dealers. While the second-generation Insight never lived up to sales expectations and production is ending, the Japanese automaker is seeing strong demand for the Accord Hybrid here and abroad. However, there is so much global consumer desire that it can't keep them in US showrooms.
The problem limiting the sales of the Accord Hybrid is its battery pack and its popularity in Japan. "There's a waiting list for the product," said Jeff Conrad, Honda general manager, to Ward's Auto about the sedan's US popularity. While the American Accord is built in Marysville, OH, the batteries are imported from Japan, where the model is quite popular. According to Ward's data, the automaker sold 2,414 examples of the hybrid version from October 2013 to February 2014 in the US, but it shifted 6,000 units in Japan in its first three months on sale. Conrad also admitted that the constrained supply is limiting the amount of marketing the automaker can do for the hybrid.
Honda spokesperson Chris Martin told Autoblog the company is working on a solution to increase production for the near future. "We are going to resolve the battery issue," he said.

Honda previews next-gen JDM Odyssey minivan

Some automakers market the same cars around the world, while others offer different models - even under the same nameplate - for different markets. We're thinking of cars like the Volkswagen Passat or the previous Mazda6. Honda's been known to do so as well, with models like the Accord and Odyssey, which are completely different in North America than they are in other parts of the world.
Now Honda has provided the first glimpse at the Odyssey minivan it offers for the Japanese Domestic Market (as well as Europe and other parts of the world). Though more compact than the US-market version, the new overseas Odyssey appears larger than the model it replaces, with a taller roofline increasing interior space.
Though Honda hasn't released the model's full specifications, power is expected to come from a 2.4-liter inline-four mated to a continuously variable transmission. Beyond that, buyers will likely be able to choose between front- and all-wheel drive, two cabin layouts, two interior colors and seven or more exterior paints. The images also point towards blind-spot and auto-braking systems and an apparent eco mode. Although unconfirmed, we expect to see the new JDM Odyssey make its debut at the upcoming Tokyo Motor Show.