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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).

Honda, Acura recall 450,000 cars for seatbelt issue

Honda is recalling nearly half a million Honda and Acura vehicles to address an issue that can prevent passengers from latching their seatbelts. The campaign covers most of the mainstream brand's popular family cars, including the CR-V, Accord and Odyssey. Per the company's report, normal wear and tear can cause the driver and passenger seatbelt release buttons to bind, preventing the latches from properly engaging.  "The seat belt buckle channel [sic] for the driver and front passenger seat belts were manufactured out of specification, causing interference between the buckle channel and the release button,"  Honda's report to NHTSA said. "With continuous use, the buckle channel surface coating may deteriorate over time, and the release button may shrink against the channel at low temperatures, increasing friction. This can result in issues with the seat belt buckle latching." Here is the full list of cars and model years included in the campaign: 2019-2020 Acura RDX  2018-2019 Honda Accord/Accord Hybrid  2017-2020 Honda CR-V  2019 Honda Insight  2018-2020 Honda Odyssey Honda said that the problem first surfaced back in 2019 and that the company has received more than 300 warranty claims related to the problem. No injuries or fatalities have been reported. Owners will have replacement parts installed free of charge. Honda says notices should be distributed to owners starting in April.  Related video: Recalls Acura Honda Ownership Safety

Acura NSX GT3 racecar bares all in raw carbon

Acura slowly and dramatically revealed the NSX over a period of years. There were previews, concepts, and lots of teases before Acura finally showed us the whole thing. It's a different story for the racecar. And today, the wraps come off the FIA GT3-spec NSX to show all of its bare-carbon glory. The NSX GT3 strips away more than just the paint from the standard road car. The racecar comes sans hybrid system, meaning all the power from the twin-turbocharged 3.5-liter V6 is sent solely to the rear wheels. Modifications to the body include a large rear wing, underbody diffuser, and bigger hood vents for engine cooling. While the hybrid system may be gone, the NSX GT3 uses the same block, heads, valvetrain, crankshaft, pistons, and dry sump lubrication system as the road car. Power is sent through a six-speed sequential gearbox instead of the road car's nine-speed. The NSX GT3 will be built alongside the street version in Ohio. Honda engineers in Japan and North America shared in the development. Final GT3 homologation will be completed by the company's Honda Performance Division in Santa Clarita, CA. Related video: