Youth Concept From Honda
One of the future concepts at the 2008 Beijing Auto Show was presented by Honda. A mix of Honda Fit and Ford Fiesta, the new Guangzhou Li Nian will start in the beginning of 2010. According to the car makers’ predictions it is a youth-oriented vehicle. The new compact crossover is designed and engineered by Guangzhou Honda Automobile Research and Development. The manufacturers did not release any details concerning Li Nian, but they say the car is a combination of “dream-inspiring future and...

Mazda, Mitsubishi and Honda post record 2007 profit
While Ford is being praised for posting its surprise $100 million first quarter profit, its Mazda subsidiary has shocked just as many analysts with a record profit of $1.55 billion for 2007 – up 2% on 2006’s record level. The jump in profit was on the back of a 7% jump in revenues and a 5% increase in sales 1,363,000 units worldwide. The carmaker is so confident that it’s predicting an even better sales result in 2008 despite rising fuel prices, unfavorable exchange rates, and shrinking demand for...

Mazda, Mitsubishi and Honda post record 2007 profit
While Ford is being praised for posting its surprise $100 million first quarter profit, its Mazda subsidiary has shocked just as many analysts with a record profit of $1.55 billion for 2007 – up 2% on 2006’s record level. The jump in profit was on the back of a 7% jump in revenues and a 5% increase in sales 1,363,000 units worldwide. The carmaker is so confident that it’s predicting an even better sales result in 2008 despite rising fuel prices, unfavorable exchange rates, and shrinking demand for...

Earnings will drop this year, Honda says
Honda Motor Co. predicted a drop in earnings for the fiscal year that began April 1 because of the weakness in the U.S. auto market, its biggest source of profit, and unfavorable currency rates. Honda, Japan's second-largest automaker, reported a record $6 billion profit for the year that ended March 31, but the effects of the deterioration in demand in North America took a toll on its January-March, or fourth-quarter, results. Its fourth-quarter profit slid 86 percent to $254 million after Honda also...

Earnings will drop this year, Honda says
Honda Motor Co. predicted a drop in earnings for the fiscal year that began April 1 because of the weakness in the U.S. auto market, its biggest source of profit, and unfavorable currency rates. Honda, Japan's second-largest automaker, reported a record $6 billion profit for the year that ended March 31, but the effects of the deterioration in demand in North America took a toll on its January-March, or fourth-quarter, results. Its fourth-quarter profit slid 86 percent to $254 million after Honda also...

Honda open to F1 test for Danica Patrick
The chief executive of Honda’s F1 team, Nick Fry, has offered to open talks with Danica Patrick about a test drive in the near future. The 26-year-old American said late last month she was “dead set” on eventually joining the grand prix circus, following her recent breakthrough win in the IndyCar series. “We haven’t instigated anything, but if Danica wanted to be test driver then we’d be more than happy to talk about it,” Fry is quoted as saying in the British...

Danica Patrick to test for Honda F1?
Everybody's favorite racing driver has been getting a lot of attention since claiming her "maiden" victory in the IRL race at Motegi in Japan two weeks ago. Now officials are considering giving Danica Patrick a shot at test driving a Formula One car. Patrick has had a checkered past with F1 prospects. She was initially offered a chance to demonstrate an F1 car at Indy in 2005, but declined saying it was just for show. Around the same time, she was shocked by Bernie Ecclestone, who compared her to a...

Hot News: Honda Jazz SUV
News of Honda’s latest arrival should be music to the ears of Jazz fans. It has turned its supermini into a baby SUV!The soft-roader uses the front-wheel-drive platform of the Jazz as a starting point, but the body gets a chunky, off-road-style makeover.Performance promises to be strong, too, as under the bonnet is a 1.8-litre petrol engine. While the concept is a five-door, there are rumours Honda is working on a three-door. Buyers should get a wide choice of trims, while a range of exterior graphics...

The 2009 VW Tiguan SUV Is Nice- But Does It Have A Chance In Hell Against The New Honda CR-V?
Agent 001 started the day at his Alma Mater the University of Colorado, Boulder and spent the rest of it testing the 2009 VW Tiguan through the mountains of Colorado.Highlights of the new SUV are the first GOOD navigation system from VW Including traffic reports/re-routing with a beautiful software interface, nice interior cabin/seat flexiblitity, attractive design and panoramic roof.From a driving perspective it drives like a heavier, roomier Passat, which is pleasant but not overly exciting.That being...

Michael Schumacher to race a Honda CBR1000RR in German Superbike
Seven-time Formula 1 racing champion Michael Schumacher will be racing this weekend on a Honda CBR1000RR at the IDM International German Motorbike Championship. There are rumors that he'll be racing under a false name, Marcel Niederhausen. Now that the cat is officially out of the bag, so to speak, he may as well skip the alias. Schumacher will race alongside current champion Martin Bauer for Holzhauer Racing. With this announcement, all of the previous events which Schumacher took part in start to make...