2002 Acura Mdx Touring Navigation on 2040-cars

Auto blog

Honda reports $2.3 billion profit despite pandemic

TOKYO — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world. Tokyo-based Honda said its July-September profit was 240.9 billion yen ($2.3 billion), up from 196.5 billion yen a year earlier, as the auto market recovered in some parts of the world. Honda said it carried out aggressive cost cuts that involved a “fundamental review” of its operations. The situation was also improving from earlier this year, when lockdowns and other problems related to COVID-19 caused disruptions of some production and an inventory crunch. Quarterly sales slipped to 3.65 trillion yen ($35 billion) from 3.73 trillion yen the same period a year earlier. Honda warned that uncertainty remains amid rising COVID-19 cases. But the company stressed it was managing to cling to profitability. Reflecting that upbeat mood, Honda raised its profit forecast for the fiscal year through March 2021 to 390 billion yen ($3.8 billion) from an earlier projection for 165 billion yen ($1.6 billion). The latest forecast is still lower than the 455.7 billion yen profit Honda booked in the previous fiscal year. Honda sold slightly more vehicles in the quarter through September at 1.25 million vehicles, compared to 1.24 million vehicles in the same period of 2019. But it sold fewer motorcycles at nearly 4.5 million motorcycles, down from nearly 5.1 million. Kohei Takeuchi, a senior Honda manager, said much of the damage to sales likely came from the pandemic, though he hesitated to blame the entire decline on the pandemic. Executive Vice President Seiji Kuraishi told reporters Honda is bullish on shifting its lineup to ecological models to keep up with the global efforts to curb carbon emissions and global warming. Also Friday, Toyota raised its full year fiscal forecasts to a 1.4 trillion yen ($13.5 billion) profit, after reporting results that appear to show a gradual but sure recovery. Its profit fell 11% in the last quarter. Nissan reports financial results next week. Related Video: Earnings/Financials Acura Honda

2024 Acura TLX with fewer trims and more equipment starts at $46,195

We'll start with the pricing for the revised 2024 Acura TLX, then recap the new math and what shoppers could get for the money. MSRPs for the sports sedan including the $1,195 destination charge, and the changes from 2023 launch pricing, are: TLX with Technology Package: $46,195 ($1,450) TLX A-Spec: $51,195 ($1,500) Type S: $58,195 ($1,750) There were eight trims on offer in 2023, a bit much for shoppers to parse and digest. Now there are three. The former TLX 2.0T entry-level trim is one of those biting the dust, resulting in an automatic $5,450 increase for a 2024 TLX compared to 2023 pricing at launch. A $500 price increase during 2023 means the real difference right now between a 2023 and a 2024 is $950. That TLX with Technology Package price pays for more standard equipment, Acura making its 12.3-inch all-digital display gauges factory fit across the board. The cluster presents two appearance choices here, a "Crafted" design that looks like two standard dials, and an "Advance" design that puts the tach and speedo on the periphery, filling the center with a speedo and various graphics for ADAS and infotainment. This trim also comes in front-wheel drive only, while the two trims above come standard with Acura's Super Handling All-Wheel Drive (SH-AWD). The brand's Precision Cockpit touchpad infotainment controller carries over with a touchpad and a larger screen, 12.3 inches versus 10.3, and the processor running it is faster. Wireless CarPlay and Android Auto are now included, while the ambient lighting control is now accessed directly from the main menu rather than being buried in submenus. Today's difference between a 2023 and 2024 A-Spec is $1,000. Taken like-for-like, though, this trim is actually $880 less expensive. The 2023 TLX sat on 18-inch wheels as standard, Acura charging $1,880 for an optional set of 19-inch wheels in Glint Black. For 2024, the 19-inchers are standard, wearing Shark Gray instead of Glint Black. On top of all this, the A-Spec gets gloss black on its new, reshaped rear spoiler, and gloss black diffuser encasing new round tailpipes in place of the old square covers. Subtract that $500 bump from last year, the 2024 TLX Type S is $1,250 than a dealer inventory 2023 TLX Type S. The top trim adds a third gauge cluster design in Sport+ mode that features a big horizontal bar graph for the tach, which sounds similar to what’s in the Integra Type S.

IIHS says these are the safest cars of 2013

The Insurance Institute for Highway Safety (IIHS) has revealed its annual list of Top Safety Picks, an award that highlights automobiles it says offer "superior crash protection." A new and still more significant award, the Top Safety Pick+ honor, is given to those vehicles that earn good ratings for occupant protection in four out of five areas of measure. And while some 117 vehicles were given the TSP seal of approval for 2013, just 13 passed muster for TSP+.
To be fair, IIHS only evaluated 29 vehicles with its new testing procedures for TSP+ (we'd expect that the number of qualified cars will rise substantially for 2014). Luxury and Near Luxury midsize cars were the first groups evaluated, followed by midsizers in the Moderately Priced Cars category - unsurprisingly, it's only midsize cars that you'll find among the class this year.
Only two luxury sedans made the list of 13 for 2013: the Acura TL and Volvo S60. The other 11 cars on the list included entries from domestic, Japanese and German car makers: Dodge Avenger, Chrysler 200, Ford Fusion, Honda Accord (sedan and coupe), Kia Optima (but not its close kin, the Hyundai Sonata, strangely), Nissan Altima, Subaru Legacy and Outback, Suzuki Kizashi and the Volkswagen Passat all made the grade.