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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).

2015 Honda Fit

The last time we left our subcompact hero, the plucky Honda Fit was getting a bit long in the tooth. But the second-generation model was still holding its own rather well, and for the enthusiast on a tight budget who wanted it all, it remained the car of record in its class. If you desired an endlessly practical and reliable little hatch that was fun to drive, it didn't get much better than the Fit. Even with nearly every competitor having been fully freshened since the model's introduction in 2009, the Honda managed to fight off also-ran status simply because of how incredibly functional and great to drive it was. Long story short: we loved this car.
Of course, there were a few caveats to the Fit's superhero status. It wasn't particularly fuel efficient, only mustering up, at best, 33 miles per gallon on the highway in a segment where 40-mpg quickly became the new benchmark. What's more, its onboard technology and infotainment was seriously showing its age. While we'd praise the Fit's behind-the-wheel goodness all day long, this shining beacon of great steering and suspension tuning never proved to be all that wonderful for long-distance highway cruising.
Now, say hello to the 2015 Fit, hitting dealerships this spring. Worry not - it's still clever as ever from a packaging standpoint, and comes fitted with lots of newness both inside and out. It's a far more competitive vehicle than its predecessor, and has everything it takes to fight even the toughest of classmates. But just as before, our recommendation doesn't come without a few caveats.

Honda Civic Type R caught naked and frisky

Honda's upcoming Civic Type R is one of our most anticipated models of the next year - and we probably won't even get it in North America. And yet, each time we see it, the five-door just seems so menacing and purposeful. An all-but-undisguised version has just been spotted by our photographers testing on the back roads in Germany. If this signals what to expect, then the project appears to be coming along nicely.
Compared to the concept shown at the Geneva Motor Show, this prototype looks even meaner. Check out those big, blistered front fender extensions, taller wing, deeply sculpted front air dam and 10-spoke gold wheels. The Type R certainly certainly isn't hiding its performance intentions, and it has no reason to. Under the hood, we know it packs Honda's new 2.0-liter turbocharged four-cylinder pumping out 276 horsepower, which is likely connected to a six-speed manual.
Now, if only Honda could find some way to get this machine across The Pond and into the our hot little hands. There has already been an online petition begging the Japanese automaker to find a way, and after recently enjoying an all-too-brief prototype drive, we're ready to sign up.