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Honda reports $1.9 billion profit in first quarter despite sales lag at home

Ford, 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).

2021 Acura TLX to use dedicated platform and wishbone front suspension

Acura claims the 2021 TLX will be the "quickest, best-handling, and most well-appointed sport sedan in Acura history." The experts at Autoblog won't be able to put that statement to the test for several months, but all signs thus far are positive. After showing off the rear of the car a week ago, Acura just released a new teaser of the front fascia. Along with the photo, Acura announced the upcoming TLX will use its own brand-exclusive sports sedan platform and will have a double wishbone front suspension. Before the 2021 TLX's digital unveiling that will take place, May 28 at 1:00 p.m. EST (10:00 a.m. PDT) on Acura.com, Honda's luxury branch has slowly been releasing enticing tidbits about the all-new four-door. The teasers show the car will look very similar to the beautiful Type S Concept, and a Type S performance variant will use a powerful turbocharged 3.0-liter V6.   The new teaser focuses on the car's handling. In addition to the crude silhouette of the car's front end, the dark image shows that the TLX will ditch the Macpherson struts and use double wishbone control arms for the front suspension. Although the TLX nameplate is not old, as it first debuted for the 2015 model year as a replacement to the TL and TSX, this is a return-to-roots type of move. Acura has had success with the wishbone suspension in past performance cars that gave the brand name its weight such as the 1986-1995 Legend, 1990-2001 Integra, 1996-2014 TL and TL Type S, and 1991-2005 NSX. The current NSX hybrid supercar also uses the same setup, which Acura says has "more precise control of wheel camber, caster, and toe angles," and increases tire contact patches. The TLX is also expected to have a "highly rigid body" and a "performance-focused chassis."  For now, that's all that is known about the upcoming TLX, but enthusiasts won't have to wait long to learn more. Full info will arrive May 28. Related Video:

Five signs Honda cares about enthusiasts, again

It's a great time to be an enthusiast. From high-horsepower Hellcats to the purist BRZ, engaging automobiles are found in nearly every segment of the market. Everyone wants to join the performance parade. Everyone it seemed, but Honda. The company that built some of Formula One's most successful engines, helped launch the tuner market and gave the world a seminal supercar, has watched competitors of all stripes surge by it for the hearts, minds and dollars of enthusiasts. Until now. Honda put the rest of the auto world on notice at the New York Auto Show, revealing a jaw-dropping Civic concept, confirming the Type R will come to the United States and even adding a hatchback to the 2016 Civic line. Throw in the Acura NSX and much-improved ILX for Honda's luxury sibling, and it's undeniable the company is regaining its swagger. Once again, Honda is serious about performance, and here's five reasons why enthusiasts should believe. The Honda Civic Concept Looks Great We're psyched about the Civic concept, which was a surprise reveal earlier this month at the New York Auto Show. Clad in bright neon green, the concept edged out the Lincoln Continental for first place in our Editors' Choice awards at the show. As Editor-in-Chief Sharon Carty put it, "The color hurts so good." Yes, the green is blinding, but you don't have to squint to see the 10th generation of the Civic. Honda's concepts are the real deal, and this is the car (mostly) that will launch this fall. It's attractive, with a long hood, curvaceous sides and a simple but sporty grille. The powertrain lineup will include a 1.5-liter VTEC turbo four-cylinder paired with a six-speed manual, which should be a treat for enthusiasts. With its fresh looks and intriguing mechanicals, the concept previews an everyday driver you can get excited about. Obviously, we are. The Hatchback Returns Yep, the Civic is getting a five-door hatch in the United States. It's been a while. Honda last offered a Civic hatch for a brief time in the mid-2000s, and only as the lower-volume Si model. The new hatch will be produced at Honda's factory in the United Kingdom and imported to the United States. That's a win-win for Honda: it's using excess capacity in the UK to satiate a niche market for US buyers. The annual hatch production is reportedly expected to be 30,000 to 40,000 units, which is a drop in the bucket for the Civic lineup and its massive though declining sales.