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2017 Honda Civic Si Spied | Autoblog Minute

Honda will debut the 2017 Civic Si at the 2016 LA Auto Show. LA Auto Show Honda Autoblog Minute Videos Original Video 5g Connectivity transportation mobility honda civic si civic si

Mixed sales results, but automaker stocks rise on need for cars in Houston

DETROIT — The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their stocks higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, while Honda fell 2.4 percent. Still, analysts focused on the potential for Detroit automakers to cut inventories and stabilize used vehicle prices as residents of Houston, the fourth largest city in the United States, are forced to replace tens of thousands, perhaps hundreds of thousands, of vehicles after the devastation from Hurricane Harvey. Mark LaNeve, Ford's U.S. sales chief, told analysts on Friday that following Hurricane Katrina in 2005 "we saw a very dramatic snapback" in demand. That said, Ford sales fell 2.1 percent in August. It sold 209,897 vehicles in the United States, compared with 214,482 a year earlier. Sales were down 1.9 percent in the Ford division and off 5.8 percent at Lincoln. Demand was down for cars, crossovers and SUVs. It was not clear how many vehicles in the Houston area will be scrapped, LaNeve said, saying he had seen estimates ranging from 200,000 to 400,000 to 1 million. Ford's Houston dealers may have lost fewer than 5,000 vehicles in inventory, he said. Ford is the No. 1 automaker in the Houston market, with 18 percent share, according to IHS Markit. The company plans to ship used vehicles to Houston dealers and has "every indication we would have to add some production" of new vehicles to meet demand, LaNeve said. Investor concerns about inventories of unsold vehicles and falling used car prices have weighed on Detroit automakers' shares most of this year. Now, automakers can anticipate a jolt of demand from a big market that is a stronghold for Detroit brand trucks and SUVs. "It's got to be a positive for the industry," LaNeve said. Investors appeared to agree. GM shares rose as much as 3.3 percent to their highest since early March. Ford increased 2.8 percent at $11.34, and Fiat Chrysler's U.S.-traded shares were up 5.2 percent $15.91, hitting their highest in more than five years. GM reported a 7.5 percent increase in U.S. auto sales in August, helped by robust sales of crossovers across its four brands.

Based on wing, next Civic Type R may go eleventy billion mph

Honda just returned to the hot hatch arena with the new Civic Type R. And what a beast it is. But as we know, there's already a new Civic on its way. That is slated to include a new Type R as well, and that's just what our spy photographers have caught undergoing testing at the Nurburgring. Underneath all that camouflage we can see that this prototype is packing an aggressive front end, a giant rear wing, and a trio of tailpipes protruding out the back. Expect the new Type R to offer even more power than the current one, which already produces a stonking 306 horsepower and 295 pound-feet of torque. That's already enough to propel the existing model to 60 miles per hour in 5.7 seconds and lap the Nordschleife in a front-drive record-beating 7:50.63. (Though not enough to match the Ford Focus RS, as we recently found out.) Best of all, we've got good cause to be optimistic that the new Civic Type R will be offered in the United States (unlike the current one) to dice it with the likes of that new fast Ford. We're told that the new Civic will be rolled out first as a sedan, then as a coupe, followed by the five-door hatch, the warmed-up Civic Si, and finally the Type R. That means we should look for Honda's new hot hatch to arrive in about a year from now as a 2017 model. In the meantime, you can scope out the latest spy shots in the gallery above. Related Video: