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Profit at Honda doubles on strong global sales of cars and motorcycles

TOKYO — Honda reported Wednesday that its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates. Honda Motor Co. said its fiscal first quarter profit totaled 363 billion yen ($2.5 billion), up from 149 billion yen. Quarterly sales jumped 21% to 4.6 trillion yen ($32 billion). HondaÂ’s financial service division also reported growing sales. Honda said its profitability improved, especially in North America, where production recovered. Automakers around the world were slammed by supply shortages because of production delays related to social restrictions caused by the COVID-19 pandemic. But such restrictions have eased, allowing production to pick up again. Auto sales were about the same in Japan in the latest quarter as in the previous year, while dropping significantly in China because of intense competition from makers of battery electric vehicles, Honda said. Honda is banking on growth in EVs in the U.S. market, where it recently announced it is joining six other companies in the creation of a high-powered charging network across North America. Worries about climate change have helped set off a dramatic shift in the auto industry toward battery electric vehicles, allowing for relative newcomers like Tesla and BYD to prosper, while catching some Japanese makers off guard with their hybrids and regular gasoline-powered models. Honda said a computer chip shortage crimped its motorcycle sales in India, while sales rebounded in Indonesia as production recovered. Honda said it sold 901,000 vehicles in the latest quarter, up from 815,000 a year earlier. It also sold more motorcycles worldwide at nearly 4.5 million, up from 4.2 million. Honda added 23 billion yen ($160 million) to its quarterly operating profit because of the impact of currency exchange rates. A weaker yen, trading lately at about 143 yen to the U.S. dollar, is a boon for Japanese exporters by boosting the amount of its overseas earnings when converted into yen. Honda stuck to its full year projection of an 800 billion yen ($5.6 billion) profit, up from 651 billion yen a year earlier. Honda shares slipped 0.9% on the Tokyo Stock Exchange. Related video: Earnings/Financials Acura Honda

2013 Buick Verano Turbo vs. 2013 Acura ILX 2.4

Answering The $30,000 Entry-Level Luxury Question
Twenty years ago, a comparison between an entry-level Buick and Acura would have matched a Skylark against an Integra.
Twenty years ago, a comparison between an entry-level Buick and its Acura equivalent would have matched a Skylark against an Integra. The unfair battle would have resulted in the compact American's defeat in nearly every measurable category, as the Japanese competitor was arguably at the height of its powers.

2021 Acura TLX Long-Term Update | Seats look great, feel less so

There's a lot to like about our Acura TLX A-Spec's interior. In particular, I love the vivid red leather upholstery, the satisfying drive mode selector, and the loads of space inside. What I'm not so in love with is the actual design of the front seats. They look great and are quite shapely with the undulating black faux suede inserts and leather piping separating the aforementioned red leather panels. But they're underwhelming when they're under you. My biggest complaint is that the seat bottom is extremely short, and the adjustment for angle is a bit limited. As such, my thighs lack support, and on a long trip, this can become quite uncomfortable. The Acura is far from the only car I've experienced with this issue, but with our car priced over $45,000, it's surprising there isn't more adjustment, or some sort of seat base extender common in sportier cars (most notably BMW). 2021 Acura TLX A-Spec View 51 Photos Also disappointing is the lack of lateral support. The seats look like they have some decent bolsters, but they're very soft and fairly wide apart. As such, they don't do much to keep you in place. And although this isn't the full-force Type S, the A-Spec still has an air of sportiness about it, so it seems like something Acura would want to improve a little. It's not all bad, though. The seats themselves have thick and reasonably soft cushioning, so the parts of you that are supported are comfortable. The adjustable lumbar support is actually quite excellent with the ability to add quite a bit over a large area. Overall, I'm not angry with the TLX's seats, I'm just a bit disappointed. They wouldn't put me off the car, I just think that, for as good as so much else is, it deserves something better. Related Video: