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Meet the Kanjozoku, Osaka's infamous street racers

Street racing is obviously illegal and incredibly dangerous, but that has never stopped people from doing it. While we don't hear nearly as much about the scourge of Japanese tuner cars as when The Fast and the Furious first hit theaters over a decade ago, illegal street racing is still bubbling under the surface all over the island nation. An excellent new documentary short from Bowls Films takes a look at the Kanjozoku from Osaka, Japan; a group that claims to be partially responsible for the tuning style known as JDM.
The group gets their name from their preferred route known as the Kanjo. It's a 4.77-mile long loop of connected highways running right through the city of Osaka. You might expect a hardcore group of illegal Japanese racers to show up with highly tuned Nissan GT-R and Toyota Supra coupes, but the Kanjozoku evidently eschew all of the others in favor of one particular car that they love: the Honda Civic.
According to the video, that vehicle of choice came in part from the city's location. Osaka was relatively near the one-make Civic races held at Japan's legendary Suzuka racetrack. The hatchbacks thus became the default weapons for the Kanjozoku's street battles.

How new car shortages may impact your buying experience

If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.

Honda overhauls North American operations with eye towards more autonomy

The increasing sales success of Honda North America (HNA) has led to Honda brass in Japan reorganizing regional operations here. The management shuffling here and in Japan is intended to both streamline and confer more responsibility on HNA "as the region assumes a larger role in shaping Honda's global business," and as Honda builds more facilities that serve several roles in the product development pipeline.
Honda's executive vice president and president of HNA Tetsuo Iwamura was named COO of automotive operations, taking over a position that had been handled by company president Takanobu Ito. Iwamura's new role puts him in charge of anything Honda makes that has four wheels, which Automotive News says equates to 78 percent of the company's global revenue.
The current company CFO, Fumihiko Ike, will fill the now-vacant role of company chairman and Kohei Takeuchi will take his place. Takeuchi is presently the operating officer, general manager of the accounting division. The executive swaps take effect April 1, 2013.