2003 Acura Rsx Type-s, Type S, 6-speed Manual on 2040-cars

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Honda profit declines on semiconductor crunch and raw material costs

TOKYO — HondaÂ’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co. reported Wednesday that its profit totaled 149.2 billion yen ($1.1 billion) in the April-June quarter, down from 222.5 billion yen ($1.7 billion) a year earlier. Quarterly sales slipped 7% to 3.8 trillion yen ($28 billion). Honda kept its profit forecast for the full fiscal year through March 2023 unchanged at 710 billion yen ($5.3 billion). The semiconductor shortage has hurt all the worldÂ’s automakers, including Honda, despite strong demand, and the manufacturers have been scrambling to secure alternative suppliers. Honda, which makes the Accord sedan, Odyssey minivan and Civic compact, sold about 815,000 vehicles last quarter, down from 998,000 vehicles the same period a year earlier. Auto sales dropped in almost all regions around the world, including Japan, the U.S. and Europe. “I ask for the understanding from all those who are still waiting for their vehicles and vow that our whole company is doing its utmost to make the deliveries even a day sooner,” Chief Financial Officer Kohei Takeuchi said. Takeuchi said the semiconductor shortage curtailed motorcycle production as well as car production, adding to uncertainty about future prospects. Honda said the recent lockdown in Shanghai was among the causes of the shortage in computer chips supply but declined to give specifics. Although U.S. sales are potentially facing a dent from recession worries and other economic hardships, Takeuchi acknowledged he was more worried about the shortage problem and producing the cars customers were waiting for. Takeuchi noted that motorcycle sales for the quarter, which grew to 4.25 million motorcycles from 3.88 million a year earlier, were going strong, especially in India. The cheaper yen and cost cuts helped maintain profitability overall, he added. The yen has been at a two-decade low against the U.S. dollar. A cheap yen has historically worked as a boon for exporters like Honda by boosting the value of their overseas earnings when converted into yen. But it also increases costs for imported components and materials. JapanÂ’s top automaker Toyota Motor Corp. reported recently that its fiscal first quarter profit fell nearly 18%. Nissan Motor Co. saw its quarterly profit plunge to less than half of what it was a year earlier.

Honda slaps Legend name on JDM Acura RLX

It's been eighteen years since we last saw the Legend nameplate in Acura showrooms here in the US, but in Japan it's still very much alive as Honda's flagship sedan. And now the Japanese automaker has revealed the latest generation.
Set to go on sale across Japan on January 22 - 30 years since the nameplate was introduced - the new Honda Legend is essentially the same model we already know in the States as the new Acura RLX. Only by "essentially," we mean exactly. It is the RLX, only with Honda badges instead of Acura ones. The manufacturer hasn't even changed the grille or the wheels.
Although the RLX is being offered Stateside in two forms, the new JDM Honda Legend will only come in one form, equivalent to our Sport Hybrid, with Super Handling All-Wheel Drive and a hybrid powertrain pairing a 3.5-liter V6 to a seven-speed dual clutch transmission with integrated electric motor. For the privilege of owning the most luxurious car Honda makes, Japanese customers will have to pony up ¥6,800,000 - which about adds up to $59,950 we'd pay for an RLX Sport Hybrid.

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.