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Trucks, SUVs — and Camry — shine in mixed U.S. January vehicle sales
Thu, Feb 1 2018DETROIT — Automakers posted mixed U.S. new vehicle sales data for January, with American consumers continuing to abandon passenger cars for the larger pickup trucks, SUVs and crossover models that manufacturers also love because they are far more profitable. Total industry auto sales for the month rose 1 percent versus January 2016. According to Autodata Corp, which tracks industry sales, the seasonally adjusted annualized rate (SAAR) of U.S. car and light truck sales in January fell to 17.12 million units from 17.44 million a year earlier. Analysts polled by Reuters had expected a January SAAR of 17.2 million units. U.S. auto industry sales fell 2 percent in 2017 to 17.23 million vehicles after hitting a record high in 2016 and are expected to drop further in 2018 despite a solid economy. Interest rates are rising and around 4 million late-model used cars will return to dealer lots this year to compete with more expensive new ones. Automakers have used consumer discounts to boost sales, a growing concern for observers who say this undermines resale values and profits. Discounts declined in January, but remained above 10 percent of manufacturers' recommended prices. ""I think the industry has accepted that (sales) volumes will fall somewhat in 2018 ... and I don't think the industry is going to go over the cliff with insane incentives," Mike Jackson, chief executive officer of AutoNation Inc, told Reuters after his company, the largest U.S. auto retail chain, posted a higher quarterly net profit. Mark Wakefield, head of the North American automotive practice for consultancy AlixPartners, had a gloomier perspective. The industry's less-than-stellar sales performance for January showed "we are now past the peak," he said. "Automakers are now selling the deal instead of the vehicle," he said. "That's a tough spot to be in because that treadmill is hard to get off once you're on it." General Motors January sales rose 1.3 percent, driven by a 16 percent rise in fleet sales. Sales to consumers fell 2.4 percent. GM posted strong gains for models such as the Silverado pickup truck and Equinox crossover model, while its passenger cars continued to struggle. Ford The Blue Oval posted a 6.6 percent sales decline for January, with retail sales down 4.3 percent. Sales of Ford's F-Series pickup trucks - America's best-selling vehicle brand for decades — rose 1.6 percent. Passenger cars were down more than 23 percent.
Honda Civic Hatchback production design pops up in patent shots
Wed, Mar 16 2016Here's a surprise (not!) – the production Honda Civic Hatchback is going to look almost exactly like the concept Honda Civic Hatchback. We can make this judgment based not on common sense, but on a round of patent images uncovered by the Hondaphiles over at the CivicX forums. Notice we said "almost exactly like the concept." There are some obvious changes on this new five-door hatch compared to the Geneva Motor Show showcar, particularly on the front and rear fascias. In back, the twin center-exit exhausts are gone (boo – though those might come back for hotter Si or Type R models), with no visible outlets on these images. In front, the overall look of the fascia is the same, but we're betting it will be toned down – expect less gloss black trim and a smaller chin spoiler. While it goes without saying, the new Civic Hatch will also ditch the more traditional concept car trimmings. Those big wheels, aggressive side sills, and neon-green accents also won't make production. But the good thing here is how true the production model will stay to the concept. The rear spoiler is still there, and the overall look of that shapely rear end is unchanged. And of course, from the B-pillar forward, this is the same Civic we've enjoyed in both Coupe and Sedan varieties. While it's a safe bet that these images are legit, we couldn't find anything in the US Patent and Trademark Office's website. We've reached out to Honda to get confirmation on these pics. Stay tuned. Related Video:
Honda slaps Legend name on JDM Acura RLX
Mon, 10 Nov 2014It's been eighteen years since we last saw the Legend nameplate in Acura showrooms here in the US, but in Japan it's still very much alive as Honda's flagship sedan. And now the Japanese automaker has revealed the latest generation.
Set to go on sale across Japan on January 22 - 30 years since the nameplate was introduced - the new Honda Legend is essentially the same model we already know in the States as the new Acura RLX. Only by "essentially," we mean exactly. It is the RLX, only with Honda badges instead of Acura ones. The manufacturer hasn't even changed the grille or the wheels.
Although the RLX is being offered Stateside in two forms, the new JDM Honda Legend will only come in one form, equivalent to our Sport Hybrid, with Super Handling All-Wheel Drive and a hybrid powertrain pairing a 3.5-liter V6 to a seven-speed dual clutch transmission with integrated electric motor. For the privilege of owning the most luxurious car Honda makes, Japanese customers will have to pony up ¥6,800,000 - which about adds up to $59,950 we'd pay for an RLX Sport Hybrid.





















