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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.

2021 Acura TLX First Drive | The mojo is returning

Buildup for the 2021 Acura TLX started more than a year ago when Acura released the stunning Type S Concept. It was long, low, wide and graced with gorgeous rear-drive proportions. Plus, it was slathered in some of the best blue paint we’ve ever seen. Acura could not have thought of a better way to say, “Hey, weÂ’re back!” ItÂ’s no surprise that the Type S Concept is a dead ringer for the production TLX. Acura designers told us the car was just about finished when the concept debuted. So yeah, the new TLX and TLX Type S were always going to look this good. The latter won't be arriving until next spring, but our first drive of this next-gen base TLX has us hopeful for the Type S and its 3.0-liter turbocharged V6. And maybe just a little nervous, too.  The bones are really good. Acura developed a new, unique platform for this TLX that was built with performance in mind from the get-go. It's not just an Accord in a fancy suit. With crossovers on the rise, Acura says its shrinking number of sedan buyers are more passionate about driving dynamics than crossover buyers, allowing them to focus on performance to an even greater degree. It makes sense. We heartily approve. The result of this performance focus is the most rigid body in any Acura not named NSX. YouÂ’ll find more advanced materials like aluminum and press-hardened steel in its makeup than any previous Acura sedan. It has a wider track (+1.2-inch front and +1.6-inch rear), a 2.2-inch wider body, a 3.7-inch longer wheelbase and a 0.5-inch shorter height. Lastly, the dash-to-axle dimension is 7.8 inches longer, giving it those sweet rear-drive proportions despite being a front-wheel-drive platform. 2021 Acura TLX Advance View 38 Photos If you're expecting more rear passenger and trunk space with the extended length, keep looking. Rear legroom is up 0.4 inch, and trunk space by 0.3 cubic-feet to 13.5 – paltry gains for how much larger the car got. The size growth benefitted style and body proportions more than it did functional considerations. Then, thereÂ’s the new suspension: double wishbones up front and a five-link rear. Acura previously used a MacPherson strut design in the front suspension and the move back to a double-wishbone design is great news for driving enthusiasts. Acura's well-regarded TL and TSX of the mid-2000s had double wishbones up front, as did many of Honda's greatest hits of yesteryear (Integra, Prelude, Civic Si, etc.).

Acura MDX PMC priced at $63,745

The 2020 Acura MDX PMC edition, first unveiled as a prototype at the 2019 New York Auto Show last spring and later shown in production form at the L.A. Auto Show this past fall, is finally arriving in showrooms. And that means we now have actual pricing: $63,745. That includes a hefty $1,995 destination fee, which is $970 more than the charge for a regular MDX and equals that of the NSX supercar. The total represents a $4,470 upcharge over the now-penultimate MDX Advance, at $59,275. What does $4,470 worth of extra specialness buy you? Let us review: Like the previous PMC version of the TLX sedan, the MDX wears trim-exclusive Valencia Red Pearl nano pigment paint, applied with a multi-stage process at the NSX factory. It's set off with gloss-black exterior elements including 20-inch 10-spoke wheels, roof panel, grille and surround, side mirrors, door handles, and antenna, with black-chrome exhaust tips. Inside, the seats are upholstered in black Milano leather with Alcantara inserts and red contrast stitching. Red stitching also appears on the steering wheel, door panels, center console and armrest, and headrests. Floor mats have A Spec logos, and metal shift paddles are also included. Besides the PMC-specific visuals, the model includes a full raft of features, including navigation, heated and ventilated front seats, heated rear seats and steering wheels, adaptive dampers, LED exterior lighting, ELS Studio premium audio, second-row captain's chairs, surround-view camera system, and more.  Beyond the content, what makes the PMC edition unique is that it's partially assembled at the brand's Performance Manufacturing Center (thus, "PMC"), where the NSX is built. Production is limited to 300 units for the U.S. market, with another 30 for Canada. Related video: Acura NSX Factory Tour