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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.

Honda S2000, Acura RSX recalled over brake boosters

Honda has announced a recall that affects two of our favorite, dearly departed cars from the brand's portfolio: the S2000 roadster and Acura RSX coupe. A total of 5,239 S2000 models from the 2006 and 2007 model years are affected by this problem, as are 13,113 2006 Acura RSX models.
"A production error may have allowed brake booster components to be produced outside of the original specifications, potentially causing decreased brake assistance over time, which could increase the risk of a crash," American Honda said in a press release. Thus, dealerships will inspect and, if necessary, replace the brake booster setups in these vehicles, free of charge.
No crashes or injuries have been reported in relation to this brake problem. Honda says the problem was discovered during warranty claim analysis.

2023 Acura Integra pre-orders are overwhelmingly manuals

Acura says that customers placing reservations for the 2023 Integra are overwhelmingly choosing the manual transmission over the standard CVT, with a take rate currently hovering above 70%. While this certainly bodes well for the early model mix, it remains to be seen just how well the 6MT Integra will sell over the course of its projected lifespan.  Fun Fact: 2023 Integra reservations are trending over 70% 6MT! For historical context, the MT was around 50% of sales (‘86-‘01). pic.twitter.com/G1tSVJuxQ3 — Andrew Quillin (@andrewquillin) March 17, 2022 If we've observed anything about enthusiast cars and manual take rates over the years, it's that early numbers are not usually indicative of the long-term trend. Even Acura's own parent company experienced this recently when it saw manual share of the current Accord plummet after spiking when it debuted. The more enthusiast-focused Integra should be able to hold on to its stick-shift buyers for longer, but we're skeptical that its long-term share will approach the 50% it enjoyed in previous generations.  That said, manual buyers are out there. Just look no further than Subaru, which absolutely shames every other mainstream automaker. Yes, Subaru — the company that decided to saddle the top-trim WRX with a CVT, of all things — regularly sees manual take rates of 75% (or more) for the BRZ and 90% for its WRX line. Rest in peace, STI.  Related Video 1999 Honda Civic Si | Retro Review