2006 Honda Civic Lx Sedan 4-door 1.8l on 2040-cars

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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.

2016 Honda Civic will debut on September 16

The press days for the Frankfurt Motor Show are September 15 and 16. On that second day when all the German hubbub has died down, on other side of the Atlantic, Honda will be unveiling the US-spec production Civic in Detroit and Los Angeles. We'll only get to see the interior and exterior of the standard sedan that day; the coupe, five-door hatchback, the Si, and the Type R won't say hello until later. While there could be information on the Civic's new platform, Honda doesn't plan to offer any details on the new engines and powertrains. The sedan will come with a 1.5-liter VTEC turbocharged four-cylinder mated to either a six-speed manual or a CVT. Speedier versions like the Type R will get the 2.0-liter turbocharged four-cylinder. Honda is aiming for a fuel economy rating of at least 40 miles per gallon with the base model. As for what's coming beyond that, we have an idea of what the body will look like from the leaked patent images and the concept shown off in New York earlier this year. Spy shots have shown a new console layout within today's basic instrument panel structure, there'll be a better touchscreen and new infotainment system, driver assistance features like Honda LaneWatch and Honda Sensing, and heated rear seats, while the exterior bodywork has some Accord and Acura ILX influences and available LED headlights. Vowing not to make the mistake of the 2012 Civic, Honda says we'll get "sporty driving dynamics, more daring styling, and significantly improved fit and finish." Related Video:

2015 Honda Fit recalled over ignition coils

Honda is issuing a recall for 17,800 units of the 2015 Fit in the US because they have faulty ignition coils. According to the automaker, the parts can degrade over time, potentially leading to the engine stalling. The company discovered the issue from warranty claims outside of the US. Currently, there are no reported crashes or injuries related to this problem. Owners will start receiving official notification of the recall on October 6. As usual, the repair will be done at no charge for affected owners. Related Video: Statement by American Honda Regarding Plug Top Ignition Coil Recall: 2015 Honda Fit Sep 2, 2015 - TORRANCE, Calif. Honda will voluntarily recall approximately 17,800 model-year 2015 Fit vehicles in the United States to replace the plug top ignition coils, free of charge. The original plug top ignition coils may degrade over time, which, in the worst case, could cause the vehicle's engine to stall, potentially increasing the risk of a crash. No crashes or injuries have been reported related to this issue, which was discovered through the warranty claim process outside of the United States. Honda is announcing this recall to encourage each owner of an affected vehicle to take it to an authorized dealer as soon as they receive notification of this recall from Honda. Mailed notification to customers will begin October 6, 2015. Additionally, owners of these vehicles can determine if their vehicles require repair now by going to www.recalls.honda.com or by calling (888) 234-2138.