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Honda exec says US market near capacity, could hurt subprime buyers

Is there a point in the US auto industry where companies should start considering the welfare of their customers ahead of selling more cars? American Honda Executive Vice President of Sales John Mendel thinks that level exists, and we may be getting very close to it.
According to Automotive News, Mendel believes that finding more customers in the market could require pursuing subprime buyers and offering longer-term loans. However, he refuses to use those tactics. While selling models this way can improve things briefly, the strategies hurt resale prices and lower vehicle profits over time. The company won't do "stupid things in the short-term that damage the person who bought yesterday," he said to Automotive News. "It's a very, very short-term tactic especially in the subprime area."
American Honda, which combines the Acura and Honda brands, has seen market share decline from 9.7 percent to 9.1 percent through July 2014, according to Automotive News, and Autoblog's By the Numbers stats showed it posted falling sales in five of the seven months with data this year. Though, Mendel claims that was partially because the company focused on retail sales over fleets. The delays of the launches for the Honda Fit and Acura TLX likely didn't help either.

Watch an Acura NSX prototype lap the track at Mid-Ohio

As promised, Acura trotted its NSX prototype out to the mass of waiting fans ahead of today's Honda Indy 200 IndyCar race at Mid-Ohio. The hybrid supercar took to the track for a fast lap, and Acura was kind enough to attach a score of cameras to the car in order to share the event with the rest of the world.
The blue-wrapped NSX looks pretty darn good on a race track, if we do say so ourselves, and its V6 engine, coupled with its three electric motors and lithium-ion battery pack, sounds awfully sweet at full song. The automaker is promising to release its new NSX in 2015, which is still quite a ways away, so we don't expect this exhibition lap to be the last time we see a prototype in action ahead of a production debut.
Want to see the video? Of course you do. Scroll down to see the NSX take to the track like a fish takes to water.

Acura NSX Concept is pretty on the inside, too [w/video]

The Acura NSX is still a couple years away from production (isn't it always?), but Acura has taken the dark window tint off last year's concept and opened the doors to show us what the interior of the car looks like. From what we can tell on the show-floor display, Acura's hybrid supercar will not only have a sexy exterior design, it will look great from the inside as well, but Acura pointed out that this is just "one possible direction" the interior could go. We suppose that means we can look forward to many more NSX concepts - you won't hear any complaints from us.
Building on Acura's latest tagline of "the synergy between man and machine," the NSX promises to provide a "human connected space" offering a simplified layout presumably chocked full of technology. Looking inside the concept reveals a cabin wrapped in maroon leather with sport bucket seats that will certainly provide plenty of support. We're sure there will be more information about the car and its interior at upcoming auto shows, but until then, scroll down for Acura's press release.