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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).

2016 Acura NSX: Everything there is to know [w/video]

The road to supercar stardom is littered with missteps. For every slam-dunk like the McLaren F1 and Ferrari F40, there are contenders that never quite reach their full potential – think Mercedes-Benz SLR McLaren and Jaguar XJ220. Fear of building a mediocre halo car is why automakers take costly detours like reverse-engineering a carbon fiber chassis when aluminum just won't do (we're looking at you, Lexus LFA), and it's often those second, third, and even fourth major redirects that can make the difference between has-been and hero. History has been kind to the late, great Acura NSX. Though its final years saw it lagging in power, ballooning in price and burdened by unsightly bubble headlamps, the NSX went to pasture in 2005 with a reputation for being an innovative, driver-focused ride that also happened to be practical enough for daily use. Despite its lofty aspirations and attainable price point, fifteen years of production saw just under 9,000 NSXs on the road, which begs the inevitable question: was Acura's mid-engine top dog too tame to be great, yet too ubiquitous to be exotic? Considering how the NSX redux has been worked (and re-worked as a stillborn front-engine V10 GT, only to return to a mid-engine layout), it's safe to say Acura is intent on securing supercar greatness. While the essential spirit of the original NSX program targeted the "New Sports Experimental" idea, Large Project Leader Ted Klaus says that Shigeru Uehara, the man responsible for the original NSX (and Honda S2000, among others) advised the US-based development team that they ought to be "... open-minded to doing things for the emotional benefit of the customer," and not come from a place that was "hyper rational." In other words, build a car that makes the heart skip a beat. View 8 Photos As such, the next-generation NSX has departed from the 2013 concept and assumed a more emotional, expressive design language that hides a more engineering-intensive drivetrain. Gone is the naturally aspirated, transverse-mounted V6, replaced with a longitudinally mounted, turbocharged, dry-sump V6 that produces "north of 550 horsepower," according to Acura brass. As before, the internal combustion mill works with three electric motors to deliver power to all four wheels. Super Handling All-Wheel Drive, indeed – or, as Acura refers to it in this application, Sport Hybrid Super Handling All-Wheel Drive. Why the shift?

Acura spotted testing high-performance TLX sedan

Back in January at the Detroit Auto Show, Acura promised to dust off the old Type-S moniker to inject some much-needed performance credibility into its current line of sedans and crossovers. At the time, the Japanese luxury brand co-announced a new turbocharged V6 engine and said it would be paired with its Super Handling All-Wheel Drive (SH-AWD). Now, a new set of spy shots has us wondering if an Acura TLX Type-S is right around the corner. It's obvious that the TLX seen in these photos has been blessed with some performance goodies. Large-diameter wheels are shod with low-profile tires, and there's a good chance the suspension has been lowered to match. Most of the camouflage is focused on keeping the fascia and hood covered, which means there are probably some air intakes and bodywork bulges to keep hidden away from prying eyes. Below this prototype's grille is what very well could be an intercooler, which bolsters the notion that there's a turbocharged engine sitting under the hood. And at the rear, we get a very clear look at the car's dual exhaust system. What kind of performance should enthusiasts expect from the Acura TLX Type-S? We'll have to wait and see, but the vehicles accompanying this prototype on its testing runs might offer up some clues. An Audi S4 (354 horsepower) and a Mercedes-AMG C43 (362 hp) were along for the ride. Since that's the case, we'd expect more than 350 ponies if the TLX Type-S is going to compete on at least equal footing. Related Video: