2008 Honda Civic Hybrid Sedan Automatic Only 48,000 Miles on 2040-cars

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Minivan market not what it used to be, but margins make up for it

Residual values for last year's minivans are higher than they were in 2000.
Much like the station wagon was the shuttle of Baby Boomer generation, the minivan has been the primary means of transport for Generations X and Y. Just as the boomers abandoned the Country Squire, though, those kids that were toted around in Grand Caravans and Windstars are adults, and they certainly don't want to be seen in the cars their parents drove.

Honda Ridgeline spy shots show more truck-like lines

Honda is preparing to roll out its all-new, second-generation Ridgeline. And while we've seen several hints at what it will look like, this is our best look yet. This prototype has dropped all the heavy body cladding and shows its overall shape. As you can see from these latest spy shots, the new Honda Ridgeline will adopt a more conventional form than the model it replaces. So while it still has a bit of a flying buttress behind the C-pillar and above the front of the pickup bed, it looks nowhere near as deep and enveloping one on the outgoing model. The bed also appears to incorporate lighting into its liner. The new Ridgeline still appears to optimize the quad-cab to short-bed ratio proportions. However it looks set to compete more actively in the resurgent midsize pickup market than its segment-defying predecessor. In that regard, Honda aims to more directly take on the likes of the Toyota Tacoma, Nissan Frontier, and Chevy Colorado and GMC Canyon. What we can't see from these spy shots are details like the lights and grille treatment. However the Baja show truck revealed at SEMA mere weeks ago provided glimpses at those elements. Combine that with the still-camouflaged prototype pictured here, and we're starting to get a pretty solid idea of what the four-door pickup will look like once it reaches production. Related Video:

Foreign automakers pay from $38 to $65 per hour to non-union workers

As leaders for the United Auto Workers gather in Detroit for their Special Convention on Collective Bargaining to work out the negotiating stance for this year's new labor agreements with the Detroit 3 automakers, what they most want to do is figure out how to eliminate the two-tier wage scale. However, the lower Tier 2 wage has allowed the domestic automakers to reduce their labor costs, hire more workers, and compete better with their import competition. As it stands, per-hour labor rates including benefits are $58 at General Motors, $57 at Ford, and $48 at Fiat-Chrysler – a reflection of FCA's much greater number of Tier 2 workers. The Center for Automotive Research released a study of labor rates (including benefits) that put numbers to what the imports pay: Mercedes-Benz pays the most, at an average of $65 per hour, Volkswagen pays the least, at $38 per hour, and BMW is just a hair above that at $39 per hour. Among the Detroit competitors, Honda workers earn an average of $49 per hour, at Toyota it's $48 per hour, Nissan is $42 per hour, and Hyundai-Kia pays $41 per hour. The lower import wages are aided by their greater use of temporary workers compared to the domestics. Automotive News says the ten-dollar gap between those foreign camakers and the domestics turns out to about an extra $250 per car in labor, which adds up quickly when you're pumping out many millions of cars. That $250-per-car number is one that, come negotiating time, the Detroit 3 will want to reduce, as the UAW is trying to raise both Tier 1 and Tier 2 wages. Another wrinkle is that the domestic carmakers are considering the wide adoption of a third wage level lower than Tier 2. Some workers who do minor tasks like assembling parts trays kits and battery packs already make less than Tier 2, but the UAW will be quite wary about cementing yet another wage scale at the bottom of the system while it's trying to fight a bigger battle at the top. News Source: Automotive News - sub. req., BloombergImage Credit: AP Photo/Erik Schelzig Earnings/Financials UAW/Unions BMW Chevrolet Fiat Ford GM Honda Hyundai Kia Mercedes-Benz Nissan Toyota Volkswagen labor wages collective bargaining labor costs