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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.

Comedians in Cars Getting Coffee earns Seinfeld four more seasons

We're going to be talking about Jerry Seinfeld and his excellent web series, Comedians in Cars Getting Coffee, for quite a long time, as it's been picked up for four more seasons. Considering the show just wrapped up its third season a few months ago, this marks quite a big win. The new order, reported by Variety, calls for 24 episodes, with Acura carrying on as the show's sole and primary sponsor. CICGC is already slated for a fourth season this summer, which includes five episodes, and a seven-episode fifth season in the fall. Guests for season four include Aziz Ansari, Jon Stewart and Sarah Jessica Parker, although we've no idea what sort of cars are in store. It's unclear when seasons six through nine will air, but if 2014 is any indication, we should expect the bulk of the episodes to arrive some time in 2015. News Source: Variety Celebrities Humor Acura Videos jerry seinfeld comedians in cars getting coffee

Honda discontinuing Euro Accord, no replacement in sight

Honda has built two Accords for many years. There's the one we're familiar with here in the United States, and then there's the Accord sold in markets like Europe and Australia, known here in the US as the Acura TSX. But just like Acura did with the TSX, the Euro-market Accord has been discontinued.
The news comes from The Motor Report in Australia, which is reporting that the Accord Euro will be discontinued in 2015. Sold Down Under alongside the US-market model, the discontinuation of the Aussie car indicates an end to Honda's midsize sedan efforts in Europe, where there is no obvious replacement for the four-door and wagon models.
According to TMR, Honda Australia Director Stephen Collins indicated that focus will be placed instead on the US market "wide-body" model, as it's known. That said, this decision doesn't sound like it's sitting too well in Oz.