Honda

U.S. House committee approves limit on CFPB's oversight of auto lending

5:15 pm U.S. ET | July 29, 2015

The U.S. House Financial Services Committee approved a bill Wednesday that would significantly limit the Consumer Financial Protection Bureau's guidance over auto lending.... Read More »

Public retailers boost F&I profits in Q2

12:30 pm U.S. ET | July 29, 2015

F&I profits increased at all six of the largest public new-car retailers in the second quarter. The nation's largest retailer, AutoNation, led the way with F&I revenue per new vehicle retailed of $1,528 on a same-store basis.... Read More »

Honda readies more sporty, luxurious Civic

11:00 am U.S. ET | July 28, 2015

With the official debut of Honda's redesigned Civic just a few months away, the latest spy shots show the 10th-generation model will come with luxury features normally reserved for fancy German sedans, not practical Japanese family cars.... Read More »

At last, Honda and Toyota prepare for turbo charge

12:01 am U.S. ET | July 27, 2015

After years of setting the pace in fuel economy without relying on technologies like turbocharging, direct injection or CVTs, Japan's big three will spend the next several years playing catch-up.... Read More »

R&D HUB

Honda flexes research muscle with new Silicon Valley center

12:01 am U.S. ET | July 27, 2015

Honda last week opened to journalists its new 35,000-square-foot Silicon Valley r&d lab, where it has united once-disparate strands of its research work and connected them with a technology incubator for other potential research partners.... Read More »

Honda's Accavitti leaves top post at Acura

5:45 pm U.S. ET | July 27, 2015

Mike Accavitti, vice president and general manager of Acura, has abruptly left the company and has been replaced by Jon Ikeda, American Honda Motor said. Ikeda was formerly division director of auto design at Honda's R&D Americas division and has been with Honda since 1989.... Read More »

Pickups, crossovers and powertrain dominate Japan 3 plans

12:01 am U.S. ET | July 27, 2015

Japan's big three of Toyota, Nissan and Honda have ambitious -- but divergent -- plans for the the next five years.... Read More »

Honda in line for plug-in, a turbo injection

12:01 am U.S. ET | July 27, 2015

Honda fans have plenty to look forward to in the near future, as the company looks to turbocharging, a resurrected truck, a dedicated plug-in hybrid, and even a sports car.... Read More »

Fiat Chrysler hit with record $105 million U.S. penalty over recalls

4:30 am U.S. ET | July 26, 2015

Fiat Chrysler agreed to pay a $70 million fine, accept three years of additional oversight by an independent monitor and buy back more than 500,000 vehicles as part of a sweeping consent agreement to settle a U.S. government probe into 23 recalls since 2009. The overall potential civil penalty of $105 million marks the largest imposed by NHTSA.... Read More »

Honda's freshened Accord gets new smartphone, safety tech for 2016

5:37 pm U.S. ET | July 23, 2015

Honda unveiled a midlife update for its midsize Accord, a lightly freshened model that will play nice with both Apple CarPlay and Android Auto. The 2016 Accord sedan and coupe will also offer the Honda Sensing suite of autonomous safety features.... Read More »

Japan auto lobby chief warns of 'downward spiral' in China

11:51 am U.S. ET | July 23, 2015

The head of Japan's auto lobby, warning of a "downward spiral," says China's economic situation looked tough and that he was not optimistic about the outlook for the country's auto market.... Read More »

HANNAH LUTZ

BLOG: How Honda Finance’s settlement could be a win for all retailers

11:30 am U.S. ET | July 22, 2015

At face value, the consent order between Honda Finance and the CFPB over lending practices doesn’t seem like a gift to retailers industrywide, but it could be.... Read More »

AutoNation CEO endorses CFPB, Honda Finance pact

12:01 am U.S. ET | July 20, 2015

AutoNation CEO Mike Jackson has endorsed the settlement between the Consumer Financial Protection Bureau and American Honda Finance for preventing discrimination in auto finance, calling the agreement a “workable template” that other retailers and lenders should follow.... Read More »

NEWS ANALYSIS

What Honda-U.S. settlement changes

12:01 am U.S. ET | July 20, 2015

The federal government's settlement with American Honda Finance Corp. for alleged discriminatory auto lending was a smaller victory for the regulators than it first appeared. But if other captive finance companies follow Honda Finance's lead, that will make the settlement more significant.... Read More »

Private tracks best venue to test self-driving cars, key U.S. senator says

3:16 pm U.S. ET | July 20, 2015

Self-driving cars would be "better" tested on private test tracks than on public roads, said a U.S. senator who has authored several bills on advanced vehicle technologies, after Google disclosed injuries in its latest accident involving a prototype.... Read More »

Hachigo holding out for a Civic Type R

12:01 am U.S. ET | July 20, 2015

When Takahiro Hachigo returned to Japan in March after years overseas to be Honda's new CEO, he didn't rush out to buy a new car. “There is a model I want, which will, as I have told you, be launched this autumn,” Hachigo said. “I will wait ... I want to buy the Civic Type R.”... Read More »

Honda used airbag inflators made by ARC as probe widens

6:39 am U.S. ET | July 16, 2015

Honda, the automaker worst affected by the global safety crisis involving defective airbags, said it had used inflators made by a second company under investigation in the U.S. for suspected flaws.... Read More »

Regulators urge captives to follow Honda Finance's lead

11:30 am U.S. ET | July 15, 2015

Regulators are urging other captive finance arms to follow the lead of American Honda Finance after it entered into a settlement on Tuesday that will see it limit dealer reserve and pay $24 million to consumers harmed by alleged auto-lending discrimination nationwide.... Read More »

Honda's U.S. finance arm to pay $25 million in loan case

2:23 pm U.S. ET | July 14, 2015

American Honda Finance agreed to pay up to $25 million to settle U.S. claims that minority borrowers were overcharged for auto loans.... Read More »

Honda's car-less CEO holding out for dream wheels -- the Civic Type R

7:02 am U.S. ET | July 14, 2015

When Takahiro Hachigo returned to Japan in March after years overseas to be the new CEO of Honda, he didn't rush out to buy a new car, Honda brand or otherwise.... Read More »

RICHARD TRUETT

BLOG: Sustained lower fuel prices upend product plans

12:30 pm U.S. ET | July 14, 2015

Lower gasoline prices are starting to impact the product plans of leading automakers as consumers migrate back to larger vehicles.... Read More »

SIGN OF THE TIMES

Even Accord can't keep up with the CR-V

12:01 am U.S. ET | July 13, 2015

Honda's CR-V, the industry's best-selling crossover, is on track to outsell Honda's perennial volume leader -- the Accord.... Read More »

PARKING THE SEDAN

What's driving the shift to crossovers

12:01 am U.S. ET | July 13, 2015

Consumers no longer must choose between the fuel economy and comfortable ride of a sedan and the versatility and increased visibility of a crossover or SUV.... Read More »

CEO Hachigo taking Honda back to basics

12:01 am U.S. ET | July 13, 2015

Honda's new CEO, aiming to reboot the ailing automaker, plans to rekindle development of more exciting cars, steer clear of numerical targets and maximize use of the company's overseas production to soak up global overcapacity.... Read More »

Honda to make English official work language by 2020

12:01 am U.S. ET | July 13, 2015

Honda said English will be the official language for all inter-regional communications at the Tokyo automaker by 2020.... Read More »

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