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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).

Motorweek goes retro with '80s hot hatch shootout

Motorweek's decades of history on television make it the perfect medium to look back into the automotive past and see how things are different now. It recently added old road test videos to its YouTube channel of the Acura NSX and Toyota Supra, as well as the Ferrari F40. For one of its newest flashback clips, Motorweek has exhumed an affordable five-car challenge of 1986's premiere hot hatches.
By today's standards, this is an eclectic field that features fondly remembered classics like the Volkswagen GTI 16-valve and Acura Integra. However, it also throws in some nearly forgotten contenders like the Dodge Colt Turbo and Ford Escort GT. The angular Toyota Corolla FX16 GT-S rounds out the group.
It's fascinating to watch Motorweek run the quintet through the slalom, down the drag strip and on various roads. What's most striking in this clip is the difference in the definition of a performance car between then and now. With its 16-valve, 1.8-liter four-cylinder, the GTI is the burliest of the contenders with 123 horsepower, but it still takes 8.8 seconds to reach 60 miles per hour. By today's standards, that would make it a plain-jane economy car, and not even a particularly quick one.

2015 Acura TLX launch delayed

Last week in New York, Acura pulled the wraps off its all-new TLX sedan - a midsize model that replaces both the TSX and TL in one fell swoop. In a bit of behind-the-scenes full disclosure, we were originally scheduled to get our first drive of the car in early May. But an intrepid reader forwarded us an email to Acura dealers saying that the on-sale date of the TLX will be pushed back, and subsequently, the automaker confirmed to Autoblog that the official media launch has been postponed, as well. Acura spokesperson Chuck Schifsky tells us that the 2015 TLX will now go on sale later this summer.
"We don't view it as a major delay," Schifsky told Autoblog. The TLX is "the most technologically advanced Acura" yet - even more so than the original NSX, Schifsky says - and thus, there are "lots of systems to get sorted out." When asked if there is a specific component to point to regarding this delay, Schifsky told Autoblog that it's "not any one thing."
"We have determined that it is necessary to modify the production schedule for the 2015 TLX, which will move the on-sale date to late summer."