1999 Acura Cl Premium Coupe 2-door 3.0l on 2040-cars

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Honda reports $2.3 billion profit despite pandemic

TOKYO — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world. Tokyo-based Honda said its July-September profit was 240.9 billion yen ($2.3 billion), up from 196.5 billion yen a year earlier, as the auto market recovered in some parts of the world. Honda said it carried out aggressive cost cuts that involved a “fundamental review” of its operations. The situation was also improving from earlier this year, when lockdowns and other problems related to COVID-19 caused disruptions of some production and an inventory crunch. Quarterly sales slipped to 3.65 trillion yen ($35 billion) from 3.73 trillion yen the same period a year earlier. Honda warned that uncertainty remains amid rising COVID-19 cases. But the company stressed it was managing to cling to profitability. Reflecting that upbeat mood, Honda raised its profit forecast for the fiscal year through March 2021 to 390 billion yen ($3.8 billion) from an earlier projection for 165 billion yen ($1.6 billion). The latest forecast is still lower than the 455.7 billion yen profit Honda booked in the previous fiscal year. Honda sold slightly more vehicles in the quarter through September at 1.25 million vehicles, compared to 1.24 million vehicles in the same period of 2019. But it sold fewer motorcycles at nearly 4.5 million motorcycles, down from nearly 5.1 million. Kohei Takeuchi, a senior Honda manager, said much of the damage to sales likely came from the pandemic, though he hesitated to blame the entire decline on the pandemic. Executive Vice President Seiji Kuraishi told reporters Honda is bullish on shifting its lineup to ecological models to keep up with the global efforts to curb carbon emissions and global warming. Also Friday, Toyota raised its full year fiscal forecasts to a 1.4 trillion yen ($13.5 billion) profit, after reporting results that appear to show a gradual but sure recovery. Its profit fell 11% in the last quarter. Nissan reports financial results next week. Related Video: Earnings/Financials Acura Honda

Jay Leno finally gets his hands on the 2017 Acura NSX

It has been five years since Jay Leno and Jerry Seinfeld starred in a commercial about which one of them would get the first example of the new Acura NSX. After a long wait, they finally get a chance, but Leno is the first to check out the coupe in the latest video from Jay Leno's Garage. The denim-clad host spends over 30 minutes with lead designer Michelle Christensen and Ted Klaus, global development chief engineer, to get the full scoop on the hybrid supercar. Leno and Christensen get into the nitty-gritty about the design process for the latest NSX, and she points out her favorite parts of the finished product. She had quite a challenge creating the new supercar. Over the model's long gestation, every adjustment to the shape forced changes elsewhere to direct the airflow correctly, and then the decision to switch to a different engine configuration added even more time. Klaus focuses on the engineering side, like using the Ferrari 458 and original NSX as the major benchmarks for the new one. He also takes a ride with Leno, and the comedian even cracks a grin driving it. Leno doesn't usually show much emotion behind the wheel, so the little smirk is high praise from him. Carve out some time for a detailed walk-through about the 2017 NSX in the latest clip from Jay Leno's Garage. Related Video:

Acura NSX GT3 Makes Public Track Test Debut | Autoblog Minute

Acura sets to public debut the NSX GT3 on the track. This latest video from Acura offers us some sights and sounds of the NSX GT3. Acura Autoblog Minute Videos Original Video autos gt3 acura nsx gt3