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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).

Acura recalls some 2022 TLXs for potential slashed tires

Acura has issued a recall that applies to less than 20 units of the 2022 TLX sedan. The cars included in the campaign were manufactured with tires that may have been damaged by part of a robotic arm while being sorted and stored at a Bridgestone facility in Tennessee. Assigned recall number 22V-950 by the National Highway Traffic Safety Administration (NHTSA), the campaign includes 19 units of the TLX built on September 1, 2022, and Acura estimates that 95% of them may have been built with damaged tires. The company explains that the tires fitted to these vehicles could have sustained cuts and/or tears because a protective plastic shoe located at the base of a robotic arm used to unstack tires exposed a sharp edge by rotating out of position. Damaging a tire's bead area can cause it to gradually lose air; the problem can also manifest itself through unusual noises or vibrations. The tire pressure monitoring system could warn the driver of an issue. The tires in question are Bridgestone's 235/50R18 Turanza EL440. Acura states that it's not aware of warranty claims, field reports, injuries or crashes related to the issue, and Bridgestone says that human workers are now tasked with loading and unloading tires in its facility. Owners of affected cars will receive details about the recall campaign by mail starting on January 30, 2023. They'll be asked to take their TLX to a dealership to get the tires inspected; new tires will be installed free of charge if the ones on the car fall within the affected date range. Drivers who experienced a problem related to this recall and paid to get new tires installed will be eligible to ask Acura for a refund. Related video:

2019 Acura RDX undercuts rivals with base price of $38,295

The all-new 2019 Acura RDX will hit dealers on June 1, 2018, and it'll come with a window sticker bearing a base price of $38,295. That's for a front-wheel-drive RDX; adding all-wheel drive brings the base price to $40,295. Standard equipment includes the AcuraWatch safety and driver assistance package, which bundles automatic emergency braking, adaptive cruise control, lane keeping assist, and road departure mitigation. All RDX models, regardless of trim, are powered by a 2.0-liter turbocharged four-cylinder engine that sends 272 horsepower and 280 pound-feet of torque through a 10-speed automatic transmission to the drive wheels. That's more power than rivals like Audi Q5, BMW X3, Mercedes-Benz GLC300, and Volvo XC60, all of which are cited by Acura as key competitors in the small premium crossover segment. The EPA has given the 2019 RDX estimated fuel mileage ratings of 22 city, 28 highway, and 24 combined, or 21/27/23 with all-wheel drive. That's better than the AWD 2018 RDX's 19/27/22 rating, but under the class-leading 22/29/25 figures of the BMW X3, though the Bimmer has less horsepower and torque than the RDX. Perhaps even more important than the low-for-its-class starting price is the reasonable increase in cost as the trim level rises. Opting for an RDX with the Tech Package will cost $41,495 and bring with it navigation with real-time traffic, perforated leather seating surfaces, an ELS Studio audio system with 12 speakers, blind-spot monitoring, rear cross-traffic monitor, and front and rear parking sensors. The new RDX A-Spec package branches off the Tech trim level and adds sportier styling with blacked-out accents replacing chrome, 20-inch wheels, 4-inch exhaust tips, an ELX Studio audio system with 16 speakers, heated and ventilated seats, LED fog lights, and sport seats trimmed in leather and Ultrasuede. A red interior package is optional. At the top of the RDX pyramid sits the Advance trim for $46,395. That model gets cool stuff like a high-tech adaptive damper system, 16-way power driver and passenger seats (heated and cooled up front and heated in the rear), a head-up display, surround view camera, genuine wood trim, and a hands-free power tailgate. It's worth noting that since the A-Spec is based on the Tech and not the Advance trim it's not possible to get the adaptive dampers or fancy front seats packaged with the sportiest-looking RDX model. Here's hoping those bits are added as A-Spec package options at a later date.