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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).

Is your new-car warranty good at the race track?

We've all heard the horror stories. Your buddy knows a girl that was dating a guy whose best friend's brother once broke his brand-new, recently purchased performance car while making runs at a drag strip or laps at a track day, and the manufacturer wouldn't cover the repair under warranty. True story? Urban legend? Complete crap? Yes, no, maybe. One thing's for sure: Automotive warranties have always come with caveats. In 1908, an ad in the Trenton Evening Times clearly stated: "All Ford Cars Guaranteed for One Year." Although it changed over time, by 1925 the Ford New Car Guarantee only covered 90 days on material and 30 days on labor, and it clearly stated that that there was "No guarantee whatever on Fan Belts, Glass, Bulbs, Wiring, Transmission, Bands, Hose Connections, Commutator Shells, Rollers, Spark Plugs or Gaskets." Whether or not Ol' Henry would pay to fix your Model T if you broke it shaving a tenth off your lap time at the local board track seems to be lost to history. We're guessing no. But what about today? Do new-car warranties in 2017 cover cars when they are driven on race tracks? We researched the warranties of 14 auto brands to find out, and the answer is yes, no, maybe, depending on the brand, in some cases the model, and whether or not your car is modified from stock. Acura has been out of the high-performance car game for a number of years, but jumps back into the party in 2017 with its hybrid-powered $173,000 NSX supercar. And Acura's warranty, as well as Honda's, clearly states that it does not cover "the use of the vehicle in competition or racing events." View 33 Photos So we asked Sage Marie, Senior Manager of Public Relations for Honda and Acura. "If the car is stock, the warranty covers it on a track just as it does on the street. No question," he told us. "However, if the car is modified, say with slick tires or other components that would put higher stresses on the vehicle's parts and systems, then we would have to investigate the circumstances further." Marie went on to say the same would be true for any Acura model or Honda vehicle, including the new 2017 Honda Civic Si. This became a common theme. Chevrolet actually started this practice with the fifth-generation Camaro on the high-performance ZL1 and Z/28 models.

Acura Integras worked over by 3 popular tuners as SEMA custom builds

The Specialty Equipment Market Association (SEMA) show is a chance for aftermarket manufacturers and automakers to come together with potential customers and the media to show off their custom rides. Honda and Acura are no strangers to the event, as people have been bringing hotted-up models from both automakers to the show for years. This year, three builders are bringing their interpretations of Acura’s newest car, the 2023 Integra. Acura gave the car to Daijiro Yoshihara, Sara Choi, and Coco Zurita, and each came up with a unique build for the car. YoshiharaÂ’s car features a Spoon air filter and exhaust, BBS REV7 wheels, EVS tuning exterior components, and a host of motorsport-ready interior upgrades. ChoiÂ’s Integra features a GReddy intercooler and oil cooler, Advan wheels, a wide body kit, and Battle Craft interior parts. Zarita installed several powertrain upgrades, including an AÂ’PEXI exhaust, an HPS cold air intake, a GReddy intercooler, and HPS turbo components. The cars made their debut at The Petersen Museum on October 23 and will head to SEMA from November 1-4. From there, Acura will take them to Radwood L.A. on November 19 and the Acura Grand Prix of Long Beach on April 14-16. The Integra is still relatively new, so the aftermarket doesnÂ’t offer the wealth of upgrades that older Honda Civics and other Japanese cars enjoy. Some companies have already released dedicated tunes and other car mods, so weÂ’re hopeful these SEMA rigs will help jumpstart development for the vehicle.