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Minivan market not what it used to be, but margins make up for it

Residual values for last year's minivans are higher than they were in 2000.
Much like the station wagon was the shuttle of Baby Boomer generation, the minivan has been the primary means of transport for Generations X and Y. Just as the boomers abandoned the Country Squire, though, those kids that were toted around in Grand Caravans and Windstars are adults, and they certainly don't want to be seen in the cars their parents drove.

Honda Civic will show its hatchback in Geneva

Honda is bringing a conceptual look at the new Civic Hatchback to next week's Geneva Motor Show. But we think it'll be that in name only – Honda has a history of showing very production-looking 'concepts'. Given these recent spy shots, showing a very well-developed, five-door Civic, the production model should arrive before we know it. The new Civic is a seriously pretty car, and from some angles the four-door sedan already has a hatch-like appearance. We love the look of this cobbled-together prototype; the rounded-off rump in no way ruins the Honda's lines. There's even a center-mounted exhaust, which makes us super happy, though that might just be reserved for more powerful Si or Type R models. Standard five-door Civics will probably use the same engine lineup as the rest of the range – a naturally aspirated, 2.0-liter inline-four on the base end, and a turbocharged, 1.5-liter four in higher trims. Honda's also working on a turbo/manual pairing, which will likely be our powertrain du jour. We'll get a sort-of-conceptual look at the Civic Hatchback next week. Until then, scroll through the gallery of spy shots up top to see this little cutie from all angles. Related Video:

Honda settles class-action lawsuit over oil-burning V6s

Although we hadn't heard of this issue before, Automotive News reports that Honda has agreed to settle a massive class-action lawsuit brought against it for engine trouble potentially affecting nearly 1.6 million vehicles. The lawsuit includes Accord (2008-12), Odyssey (2008-13), Pilot (2009-13) and Crosstour (2010-13) models equipped with the 3.5-liter V6 with Variable Cylinder Management, which might experience engine misfire, excessive oil burning and premature spark plug fouling issues.
As part of the settlement, Honda will extend the powertrain warranty on these models for eight years (from time of purchase or lease) with no mileage limitation, and it will also reimburse customers who had to pay out-of-pocket expenses for related repairs such as spark plugs, pistons or, in some cases, apparently, an entirely new engine. (Of course, the repairs had to be related to certain trouble codes.) Lawyers will get no more than $800,000 from Honda and the guy who originally started the case, Vince Eagen, will get $1,000 for his "time and effort."
The final ruling on the matter will take place on March 21, 2014, and if you want to see if you're affected and what options you have in the settlement, check out this .pdf document with all the details.