2006 Honda Civic Lx, Only 76,000 Miles, Great Condition, Silver on 2040-cars

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How new car shortages may impact your buying experience

If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.

Honda opening first new motherland plant in almost 50 years

Despite opening dozens of overseas plants in the past several decades in locations all over the globe, Honda Motor Co. has not expanded its car manufacturing capabilities in its home market of Japan since opening a facility in Sayama back in 1964.
But all of that is set to change this July when Honda opens the doors to a new assembly plant in Yorii, about two hours north of Tokyo. According to Bloomberg, the new facility has a projected annual capacity of 250,000 vehicles. The plant is part of the automaker's reorganization efforts, plans that include scaling back its older Sayama plant and bringing Yorii online with more efficient and innovative technology. There are additional benefits, too, as the Yorii plant is expected to create 3,800 jobs, both on-site and at its suppliers, and boost the local economy as other businesses ramp up to accommodate the influx of new workers.
While the automaker has not released specifics about which models will be produced at Yorii, Honda is expected to consolidate production of models including the Fit, a best-seller in its domestic market.

Affordable, lightweight Honda roadster revival in the works?

There's a joke phrase from a popular movie that gets tossed around the Autoblog offices when ever a big change or announcement is coming: "Hold on to your butts." It's usually accompanied by a video of Samuel L. Jackson. That's the advice we'd recommend for reading this article. GTChannel is reporting that a new, small, lightweight, quick successor to the Honda S2000 is being "seriously considered."
Citing an unnamed source within the Japanese automaker, GTChannel goes on to list a few interesting tidbits about the new vehicle. From the sounds of it, though, if Honda is planning a new roadster, it's in the absolute earliest stages of development.
What's apparently being discussed is a car that's smaller than a Mazda MX-5, in terms of its dimensions. Under hood would be a VTEC engine, displacing anywhere from 1.3 to 1.5 liters, with GT Channel making the apt suggestion that the 1.5-liter, 132-horsepower mill from the Honda Fit could make its way into the new roadster. Curb weight would be in the realm of 2,000 pounds, which would make a 130-odd-hp engine seem absolutely heroic. Rear-wheel drive would be a given, although we aren't sure about the site's suggestion that a five-speed manual will be on offer. Styling could draw from the N-One, a popular, Honda-badged kei car.