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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

Comparison test: 2019 Acura RDX vs. compact luxury SUV competitors

Truth be told, if we were to compare the all-new 2019 Acura RDX with those compact luxury crossover SUVs it would most likely be cross-shopped against, you'd be looking at a different list. Even Acura admits that Lexus and Infiniti are the most likely bogies, but with the 2019 RDX, Honda's luxury brand is attempting to attract those customers who think as much with their hearts as with their heads. And for the most part, those folks have been buying from German brands: the Audi Q5, BMW X3 and Mercedes-Benz GLC-Class. So, to show how the new RDX compares to them, Acura actually provided examples of each during the recent press drive along with a Volvo XC60. All were determined to have greater emotional appeal than the last RDX, and we would certainly agree. For, as much as the previous-generation RDX made sense on paper, it was really hard to get excited about it. And when you're paying extra for a luxury vehicle, shouldn't you get a little excited? Well, as luck would have it, Consumer Editor Jeremy Korzeniewski and I were on hand in Whistler, British Columbia, for the press launch. We didn't have an abundance of time in each RDX competitor, but in conjunction with our usual comparison chart, our impressions should provide a good first taste of how the new RDX compares. Performance and fuel economy Contributing Editor James Riswick: On paper at least, the RDX is gutsier than its comparably powered European rivals. It also weighs the same or less, which logically should mean it'll be the quickest in a straight line. During my brief drives, though, I'm not sure it really stood taller than the three Germans. It at least matches them for smoothness, which is something that can't be said about the Volvo. Fuel economy is lower than them all when you consider all but the Mercedes come standard with all-wheel drive. It's also worth noting that all the competitors are available with engine upgrades, and unless Acura's forthcoming resurrection of Type S models includes the RDX, it should stay that way. Consumer Editor Jeremy Korzeniewski: Line 'em all up in a drag race, and I have a feeling the Acura would squirt away to victory. A good bit of that, though, would be due to its 10-speed automatic transmission, which offers a huge spread of ratios and fires off extremely quick shifts. In the real world, I'd guess fuel economy will be similar across the board, so I'm willing to call that category a draw.

2023 Acura Integra Review: Can it possibly fill an icon's shoes?

Pros: Civic Si performance with greater refinement; sweet manual transmission; thrifty fuel economy; versatile hatchback Cons: Underwhelming base equipment; cramped rear headroom; some cheap interior bits in back; a CVT, really? For those of a certain age and/or certain automotive fandom, the 2023 Acura Integra represents the return of an icon. Yes, the Integra is back, and as it was in the very beginning, it’s a four-door hatchback that can be both an enthusiastsÂ’ darling or just a well-made, well-equipped compact car for those who want something a little more premium than a Honda Civic. And that last comparison is key, because the Acura Integra is basically a Honda Civic thatÂ’s been thoroughly worked over with a totally different body, stiffer structure and different(ish) interior. Admittedly, the Civic is a great place to start, as itÂ’s a terrific little sedan/hatchback that arguably outpaces its competition and does a pretty good job of being a well-made, well-equipped compact car itself. There really wasnÂ’t that much for Acura to do to rework the cabin for luxury duty, though itÂ’s certainly best realized with the optional Technology package and there are some areas (like the back seat) where the luxury touches could have been further applied. From a mechanical perspective, the Integra specifically builds off the Civic Si. It has the same 200-horsepower turbocharged engine and front-wheel drive, but with a saucier exhaust and CVT as standard. A six-speed manual is available, but only on the range-topping A-Spec with Technology package. The A-SpecÂ’s adaptive dampers also do a better job of both road-holding and ride comfort. Honestly, thereÂ’s nothing wrong at all with seeing the Integra as a more refined Civic Si. As it was in the past, the new Integra is both a luxury-adjacent sedan and a sport compact car. That means it can be a ritzier alternative to the Civics of the world, a more budget-conscious alternative to the Audi A3s, or Acura/HondaÂ’s answer to the Volkswagen GTI and GLI. No matter what you compare it to, though, we think the new Integra is a winner. Welcome back, old friend.   Interior & Technology   |   Passenger & Cargo Space   |   Performance & Fuel Economy What it's like to drive   |   Pricing & Trim Levels   |   Crash Ratings & Safety Features What's new for 2023? The Integra is an all-new model. It technically replaces the ILX, however, which was similarly a Civic-based compact Acura.