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Honda reports $1.9 billion profit in first quarter despite sales lag at home
Wed, 31 Jul 2013Ford, General Motors and Chrysler have been living in a world of sunshine and buttercups after their April-through-June financials hit the newswire, and Toyota is doing pretty good as well. Honda? Not so much.
While Japan's third-largest manufacturer saw $1.9 billion in profits, the 5.1-percent jump was lower than expected thanks to a drop in its home-market sales. US sales also took a sting, as Honda hasn't been able to match the SUV and truck demand that are currently permeating the American market, despite an uptick in Accord sales.
Honda's initial forecasts targeted a take of 209.3 billion yen ($2.1 billion at today's rates), and while a $200 million shortfall is nothing to sniff at, we'd hardly take this as Honda being in trouble. And even with the dip, Honda hasn't adjusted its forecast for the fiscal year, which remains at 780 billion yen ($7.9 billion).
Honda Insight finally, officially dead
Fri, 28 Feb 2014Earlier this week, we told you that the Honda Insight was scheduled to get the axe - something that had been rumored for a long time. Now, Honda has officially confirmed that the Insight is being put out of our its misery. That's right, America's most affordable mass-produced hybrid will officially die after the 2014 model year, with production scheduled to end this summer. Honda says that, moving forward, it will focus its efforts on expanding its newer two-motor hybrid system found in the Accord. Of course, this news doesn't exactly give us much hope for the CR-Z hatchback's longevity, either. Scroll down for the official release.
Honda integrating Siri into select models
Wed, 30 Jan 2013Honda has partnered up with Apple to bring Siri to the Accord, Acura RDX and ILX. Owners who have an iPhone running iOS 6 will be able to ask the software to perform a number of tasks via voice command using the vehicle's on board microphone and speaker systems. What's more, the tech will put the iPhone into an "eyes free" mode, which turns the screen off to help reduce distraction while driving. Honda says it has reworked its Bluetooth and HandsFreeLink systems to accommodate the Siri functionality. While the tech will only be available on three of the company's models right now, we imagine it won't be long before it shows up elsewhere.
As you may recall, Chevrolet integrated Siri into its products with vehicles like the Spark and Sonic, but Mercedes-Benz and Chrysler have also toyed with the tech to varying degrees. The seamless voice command seems to be light years ahead of the tech manufacturers are currently playing with. Check out the full press release from Honda below for more information.