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Honda sees sales up but profit sliding 16 percent in 2017-18

TOKYO - Honda forecasts a 16 percent fall in operating profit for the current financial year as the Japanese automaker sees higher auto sales being offset by a stronger yen and research-and-development costs. Japan's No. 3 automaker said it expects an operating profit of 705 billion yen ($6.34 billion) in the current FY2018, down from 840.7 billion yen posted in the fiscal year just ended, and lower than an average estimate of 850.8 billion yen from 23 analysts polled by Thomson Reuters I/B/E/S. It sees a 14 percent slide in net profit to 530.0 billion yen this year, down from 616.5. Honda's projections are based on a forecast that the yen will average 105 yen to the U.S. dollar through next March, stronger than the 108 yen rate in the year just ended.BUT CAR SALES ARE UP At the same time, there's good news as Honda expects its global vehicle sales to edge up 1 percent to 5.08 million this year, bolstered by growth in Asian sales to 2.06 million units, beating out North America to become Honda's top market as more Chinese drivers flock to its cars. The company expects to sell 1.92 million vehicles in North America, 2.5 percent less than the year just ended as it struggles to sell sedans including the Accord, which have fallen out of fashion in the past few years. Honda has been ramping up production of SUVs to keep up with strong demand for larger models in the United States, although overall vehicle sales show signs of slowing following a boom cycle after the global financial crisis. Mazda is taking a similar strategy, announcing on Friday it would expand production of SUV crossover models at home, while equipping overseas plants to enable more flexible production of models according to market needs. Japan's No. 5 automaker forecast a 19 percent jump in operating profit for the current financial year as it expects higher sales volumes, particularly in North America, to help it recover from last year's profit slump.A CONSERVATIVE OUTLOOK Executive Vice President Seiji Kuraishi acknowledged that Honda's expected currency hit of 95 billion yen was based on a "conservative" yen forecast, adding that growing costs to create next-generation cars would also impact earnings. "Our costs are rising to develop new technologies which will be needed in the future, like automated driving functions and electric cars," he told reporters at a results briefing.

2020 Mazda6 Review & Buying Guide | Still at the top

The 2020 Mazda6 should be on anybody’s sedan shortlist. ItÂ’s modern and attractive both inside and out. The ride and handling balance is unmatched by anything short of the 2020 Honda Accord, and itÂ’s priced well alongside all of its tough competition. An Accord is still the only one in this segment to offer a manual transmission for enthusiasts who care to shift themselves, but the Mazda6 with the 2.5-liter turbocharged four-cylinder is still plenty of fun with its smart-shifting six-speed auto. Mazda has also succeeded in putting together a luxurious interior — highlighted by the Signature trim — that outdoes the more pedestrian interiors found in other pricey mid-size sedans. Tons of work was put into the Mazda6 to make it more refined and premium, and itÂ’s worked. Downsides are few in number, but if the Mazda6 suffers anywhere, itÂ’s in the infotainment and utility departments. The software Mazda uses is old and antiquated compared to its new system in the Mazda3 and CX-30, as well as those in the Accord, Hyundai Sonata and others. The trunk is also smaller than most in this segment. Those may be deal breakers for some, but people who value an engaging driving experience will appreciate it for its sharp steering and agile chassis, and those who could care less will still love it for the refinement and comfort. WhatÂ’s new for 2020? There isnÂ’t much new for the 2020 Mazda6 this year. Mazda says itÂ’s switched to the key fob design used on the Mazda3 and CX-30, and thereÂ’s also a new “Signature” badge for the top trim. Besides that, the car carries over unchanged from 2019. 2020 Mazda6 Signature View 57 Photos WhatÂ’s the interior and in-car technology like? The 2020 Mazda6Â’s interior is simple and beautiful. Mazda has upped its interior quality game beyond the competition, and itÂ’s accomplished this without pricing the sedan out of the ballpark. Comfortable chairs make long rides a breeze as does the hushed cabin noise. From lower trims on up, the cabin looks and feels of a high quality. Even the basic entry-level Sport trim has an excellent interior that goes above the more basic furnishings of competitors, while on the other end of the spectrum, the Signature boasts rich suede-like cloth and beautiful Sen wood to create an environment encroaching on the luxury segment. However, MazdaÂ’s infotainment system is way behind compared to others in the segment.

Mazda G-Vectoring Control makes driving better without you knowing

Mazda has just spent eight years developing a new technology that will make its new cars a lot more fun to drive, even if you have absolutely no idea that it's working. And subtlety's the point, Mazda engineers told us at a press event at Mazda Raceway Laguna Seca. In fact, the effects of what they've dubbed G-Vectoring Control are so fine that the marketing and PR teams are at a loss for how to do their jobs with it. "The engineers have done their work," said Mazda Director of Communications Jeremy Barnes, "But how do we get the message across?" The basic premise is this: G-Vectoring activates only when the car's on-board computer reads simultaneous steering and throttle input. The data — including throttle position, steering angle, and, crucially, how quickly you're adjusting the steering angle — are then funneled through an algorithm to reduce engine torque, which transfers vehicle weight, adding more grip to the wheels that need it. The system will appear first on 2017 Mazda6 sedans arriving in showrooms later this year, followed by the 2017 Mazda3. Actually, "subtle" does not even begin to describe the effect. G-Vectoring Control can detect as much as one tenth of one degree of steering angle, and changes the cornering forces only 0.1 to 0.5 g as a result. "That's less than the human body can feel," explained Vehicle Development Engineer Dave Coleman. In practice, G-Vectoring reduces the steering angle at turn-in, as well as the rate at which one turns the wheel. To demonstrate, Director of R&D Kelvin Hiraishi rode shotgun with us in a specially equipped Mazda6 that allowed him to turn G-Vectoring on or off at the push of a button (production cars will always have it on). Hiraishi had us drive a number of courses, including Mazda Raceway Laguna Seca itself, while an engineer measured our steering inputs with a laptop Matrix'd into the car's electronic brain. I drove the same course several times with the same car in the same conditions, with cruise control locked and the system turned on or off. Lo and behold, with G-Vectoring activated, the engineer's output graph showed that my steering inputs were indeed reduced ever so slightly. There were two times that G-Vectoring was markedly noticeable. The first on a turn with a minor banking toward the outside, and the second was during cornering over an artificially wet section of the course — in other words, when the car was at the limits of adhesion.