2001 Honda Civic Lx Coupe 2-door 1.7l on 2040-cars

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Toyota, Honda, Nissan and more collaborating to increase fuel efficiency

Toyota, Honda, Mazda, Nissan, Subaru, Mitsubishi, Suzuki and Daihatsu have announced an alliance that will see a push to improve fuel economy from both gas-powered and diesel-powered engines by as much as 30 percent before the end of the decade.
The newly assembled Research Association of Automotive Internal Combustion Engines put the roughly $20-million project together, with the Japanese government committing to half the cost while the eight manufacturers will chip in the rest.
According to Automotive News, the automakers will team up and share basic research on internal-combustion engines in a bid to cut costs. Eventually, the results of the research will find its way into a production vehicle, although it's unclear just when we'll see the fruits of this partnership on the road.

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 Concept B Hybrid production version coming to China in 2016

At the Beijing Motor Show this weekend, Honda took the wraps off of the Concept B Hybrid, a "new-value concept" that will apparently do its level best to get the Japanese automaker back into the entry-level gas-electric game. Powertrain details for the five-door concept hatch are noticeably absent, so we are assuming that what Honda wants with this concept is for us to focus on the looks. Honda says the car's exterior design is "advanced and cool-looking." We like the shape, but think a few changes will do wonders for the production model.
If the busy front end gets turned down a bit in production (it's especially glaring from the front), we can see this becoming a darn good replacement for the Insight at the lower end of the hybrid price spectrum. Sadly, for now, Honda is saying that the mass-production model that uses the Concept B as a foundation will be available "exclusively" on the Chinese market in two years.
Speaking at the Beijing show, Honda president and CEO Takanobu Ito continued to look for ways to green his company's line-up, and said Honda, "will strive to become number one in complying with Chinese CAFE regulations, which are the toughest in the world, and offer a new lifestyle for Chinese customers." Come 2016, that new lifestyle could look like the car you see in the gallery above. Think it's a good one?