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Mitsubishi to join alliance with Honda and Nissan, Nikkei reports

TOKYO — Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday. Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic partnership, Nikkei said, adding the three firms intend to standardize in-vehicle software that controls cars. Mitsubishi Motors declined to comment on the report, while a Nissan spokesperson would only say the report was not based on something either of the companies had announced. Spokespeople for Honda did not respond to a request for comment. The push comes as Nissan, Japan's third biggest automaker, has been steadily losing market share in its two largest markets, the United States and China, which together accounted for half of its global sales in the year to March. On Thursday, the company slashed its annual outlook after heavy discounting in the U.S. almost completely wiped out its first-quarter profit. Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms. Mitsubishi Motors is already part of a long-standing alliance with Nissan and France's Renault that the three automakers last year agreed to restructure, aiming for a downsized but more pragmatic and agile partnership. Separate collaboration between Nissan, Honda and Mitsubishi Motors could help Japan's automakers cut costs and beef up to battle tough competition in EVs, dominated by companies like China's BYD and Tesla. In China, the world's largest auto market, Japanese brands previously were strong but are now up against domestic automakers that have rapidly increased production and won over consumers with low-priced vehicles loaded with software.

2017 Honda Civic rolls into dealerships Monday starting at $20,535

Honda announced pricing for the British-built Civic hatchback today as well as availability. Starting this Monday, you'll be able to walk into a Honda dealership and pick up a hatch for as low as $20,535. For that price, you can take home a base-level Civic LX with the 1.5-liter, turbocharged engine and a 6-speed manual transmission to channel the 174 horsepower and 167 lb-ft of torque to the pavement. Stepping up to the Sport trim adds a dual-outlet center-mounted exhaust and brings the power total to 180 and torque up to 177. The price also jumps to $22,135. Adding the CVT to either trim adds an extra $800 and, although horsepower ratings remain unchanged, the torque output drops down to 162 on both models. The highest Civic hatchback trims are the EX, EX-L with navigation and Sport Touring, and they are all only available with a CVT. The EX and EX-L trims start at $23,635 and $26,135 respectively, and bring niceties including heated seats and dual-zone climate control. The new Sport Touring trim tops the range and takes everything the EX-L and normal Sport trims have and adds red illuminated instruments, and a 540-watt 12-speaker sound system. Unlike the other trims, the Sport Touring model will not be available until later this year and pricing hasn't been announced yet. Compared with other hatchbacks in the compact car segment, the Civic hatch has a slightly higher starting price. Most of the competition starts at just under $20,000. However, the Civic does effectively top the charts for horsepower. The only car that beats it is the Mazda3 hatchback with the 2.5-liter engine, which produces 184 horsepower. However, you'll have to spend at least $26,280 to get that version of the 3. The next closest model is the VW Golf with 170 horsepower and a starting price of $20,715, and the rest of the competition produces 160 horsepower or less. So if you're looking for some pep on a budget, the Civic looks like a solid choice, and if it drives like the sedan and coupe, it looks even better. Related Video: Featured Gallery 2017 Honda Civic hatchback Image Credit: Honda Honda Hatchback Economy Cars pricing honda civic hatchback compact cars civic hatchback

Honda to offer $184k street legal version of MotoGP racer [w/videos]

Fancy yourself a motorcycle racing talent on par with MotoGP factory riders like Dani Pedrosa and Marc Marquez? Have $184,000 to spend on a bike to prove it? Then get an order in on the Honda RC213V-S when the Japanese motorcycle maker begins taking global reservations on July 13. RC213V-S is designed to be the closest thing possible to legally riding Honda's two-time championship winning RC213V MotoGP racer on the street. Outside of the US, buyers can even spec an optional kit to make the bike track-only but raise the performance even higher. All versions use a 1.0-liter V4 and six-speed gearbox making 157 horsepower and 75 pound-feet of torque or over 212 hp and 87 lb-ft with the tuning package. That's not as much power as the Kawasaki Ninja H2R, but the Honda is a lightweight at 375 pounds for the street version or 353 lbs with the kit. In comparison, the factory racing example weighs just 348 lbs and produces over 235 hp. Being rideable on the road means losing some of the race bike's high-tech features, though. For maintenance reasons, the engine now uses coil-sprung valves, rather than the pneumatic units in MotoGP, and the seamless-shift transmission is replaced with a traditional one. Also there's some added equipment for legal reasons like lights, mirrors, and a muffler, plus useful things like a speedometer and starter. Honda has put out a few videos showing Marquez riding an RC213V-S and one opening up on track. Both are embedded below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. HONDA TO LAUNCH RC213V-S BY TURNING RC213V COMPETING IN MOTOGP RACES INTO A MODEL FOR PUBLIC ROAD RIDING 11/06/15 The RC213V is a machine exclusively for racing that has won consecutive championships in the MotoGP class of the FIM Road Racing World Championship Grand Prix (hereinafter called "MotoGP") in 2013 and 2014. Honda has made changes to some of the specifications of the RC213V, and will now introduce this as the RC213V-S. It is possible to ride the RC213V-S on public roads, and Honda will start accepting order entry for this new model on July 13, 2015. In 1954, Honda declared its intention of participating in the Isle of Man TT races, which were a part of the Road Racing World Championship Grand Prix at the time.