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This three-cylinder Honda is faster than a Bugatti Veyron

Honda's S660 roadster, a tiny Japanese sports car that makes a Mazda MX-5 Miata look large, is powered by a three-cylinder engine that puts out 63 horsepower. As you might imagine, it's not very fast. Stick that engine into a vehicle that closely resembles the HondaJet, though, and it sets a new FIA class record of 261.875 miles per hour at the Bonneville Salt Flats. While the S-Dream Streamliner's three-cylinder, 600-cc engine is similar to the one found in the S660, it has been heavily modified to produce what Honda claims is three times the original amount of power. A Veyron-beating top speed from roughly 190 hp is still plenty impressive. The record car topped out at 266 mph at one point, but it didn't match that speed on the return run. The team of 16 Japanese Honda engineers, who were chosen from a pool of 100 volunteers, set a new FIA World Record for a vehicle in the class – Category-A Group-1 Class-4 – and even bested Honda's previous land speed record at Bonneville, set by the Honda Racing F1 team in 2006. The V10-powered F1 car averaged 248.548 mph. The aerodynamic vehicle was piloted by Japanese motorcycle rider Hikaru Miyagi, who can now claim having driven the fastest Honda car ever. The company still has some way to go, though, before one of its land vehicles surpasses the HondaJet, which can travel at approximately 485 mph. Related Video: Featured Gallery Honda S-Dream Streamliner News Source: HondaImage Credit: Honda Honda Lightweight Vehicles Racing Vehicles Special and Limited Editions fia world record bonneville salt flats honda s660

Next Honda Civic to get 1.5L turbo

The low-displacement, turbocharged engine is all the rage these days throughout the auto industry, whether considering the 1.0-liter, three-cylinder EcoBoost from Ford or even Ferrari opting for a downsized turbo V8 in the latest 488 GTB. It looks like Honda might be the next one to follow this trend, and it could happen as soon as the next-gen Civic. "Downsized turbocharging will be the base, even for the Civic," Honda Research and Development boss Yoshiharu Yamamoto said to Automotive News. That included the US, he indicated. "Quite a bit will switch over to turbo, but there will still be some naturally aspirated ones remaining." The engine reportedly is a turbocharged 1.5-liter four-cylinder that offers better fuel economy, lower emissions and the power of a naturally aspirated mill of between 2.0- and 2.4-liters, according to AN. Since the current Civic gets 143 horsepower from its 1.8-liter four that suggests a healthy power bump for the future model. Making the news even more tantalizing, the new Civic with the 1.5-liter turbo could be revealed before the end of the year, according to Automotive News. Honda already confirmed a $340 million investment into its Anna, Ohio, plant to build the engines later this year. Honda first mentioned a 1.5-liter turbocharged four-cylinder in 2013 along with the 2.0-liter turbo now in the Civic Type R in Europe. At the time, the brand said these engines would appear in "a number of future global models." The HR-V in the US was also previously rumored to use the same powerplant.

Honda charged another $363 million over Takata airbags

The Takata airbag recall is growing increasingly expensive for Honda. In the latest hit to the automaker's bottom line, the company is revising the expected costs of its global safety campaigns by an additional 44.8 billion yen ($363 million) after the massive expansion in May. Months ago, Honda announced that it had set aside 50 billion yen ($425 million at the time) to meet the predicted expenses. According to Automotive News, due to the rather arcane laws of accounting, these new costs will actually be applied to the fiscal year that ended on March 31, rather than the current one. Honda's revised earnings will be announced in late June. The company previously reported an operating profit of 651.7 billion yen ($5.3 billion), which was down 13 percent from the previous year. There has been no change to planned dividends for investors. In the US, Honda and Acura have a total of about 6.28 million vehicles in need of a replacement airbag inflator, and the automaker says about two million of those are already repaired. In addition to the Takata campaign, the company has faced other financial setbacks during this calendar year. For example, in early January, it received a $70 million fine from the National Highway Traffic Safety Administration for failing to report 1,729 cases of injuries or deaths over 11 years. As part of a strategy to improve quality globally, Honda cut back its global sales forecasts for the coming year, and it also decided not to make any volume predictions through 2017. To: Shareholders of Honda Motor Co., Ltd. From: Honda Motor Co., Ltd. 1-1, Minami-Aoyama 2-chome, Minato-ku, 107-8556 Tokyo Takanobu Ito President and Representative Director Notice of Events after the Reporting Period Regarding Product Warranty Expenses Honda Motor Co., Ltd. (the "Company") and its consolidated subsidiaries have been conducting market-based measures in relation to airbag inflators, such as product recalls and a Safety Improvement Campaign. Due to factors arising since May 2015 such as an expansion of the scope of these market-based measures based on an agreement between our supplier and the U.S. National Highway Traffic Safety Administration, a change has arisen in the estimate relating to product warranty expenses. The amount of product warranty expenses now expected to be incurred is 44,800 million yen.