LA 2008: Honda surprises with FC Sport fuel cell sports car concept
The first real surprise at the LA Auto Show today came from Honda in the form of its FC Sport fuel cell design study. The designers at Honda's advanced design studio in Pasadena decided to take advantage of the packaging flexibility afforded by a fuel cell powertrain and mounted it mid-ship driving the rear wheels. Using the vertical flow fuel stack mounted behind the driver and an electric motor between the rear wheels, the FC Sport is a three-seater in the style of the McLaren F1 where the driver sits...

Honda working on Accord based crossover to rival Toyota Venza
What you’re looking at are the first spy shots of a an Accord-based Crossover that Honda is working on as a rival to the new Toyota Venza. Insiders say the crossover is based on the European-only Accord Tourer wagon but will be heavily influenced by the U.S. market Accord’s design.Power for the crossover could from the same 2.4L 4-cylinder and the 3.5L V6 from the current Accord along with Honda’s VTM-4 all-wheel-drive system.What’s surprising to us is that the prototype is hardly wearing any...

Honda slashes profit goals | detnews.com | The Detroit News
Honda Motor Co. provided stark evidence of the damage the global downturn is doing to Japan's auto industry when it said Wednesday that it expected to lose money during the second half of its fiscal year. "Every day, the hardships we face are getting worse and worse. And there are no signs of recovery," Honda CEO Takeo Fukui said at the company's traditional year-end news conference in Tokyo. Honda, Japan's second-largest automaker after Toyota Motor Corp., still expects to show a profit for the fiscal...

BREAKING NEWS: Honda Kills The NSX For Financial Reasons Is The Lexus LF-A Next?
Honda has cancelled the new NSX as part of a radical restructuring of its car making business.The V10-engined supercar, which was a direct challenge to Ferrari and Porsche, would have been the most powerful production car that the company had ever produced.Honda CEO Takeo Fukui announced the move in his end of year speech, saying that all development of the car would be cancelled. The company has also withdrawn its plan to introduce the Acura brand to Japan in 2010.The Honda boss had previously...

Honda slashes profit forecast amid global downturn | detnews.com | The Detroit News
TOKYO -- Japanese automaker Honda slashed its profit forecast for the fiscal year and said managers will take a 10 percent pay cut amid a global downturn in the auto industry. President Takeo Fukui blamed the lower earnings forecast on declining demand set off by the U.S. financial crisis and the nose-diving dollar, which recently fell to a 13-year low against the yen. Japan's second-biggest automaker now expects 185 billion yen $2.06 billion in group net profit for the fiscal year ending March 31, 2009...

LA 2008: Honda surprises with FC Sport fuel cell sports car concept
var digg_url = 'http://digg.com/autos/A_Honda_surprise_FC_Sport_is_beautiful_hydrogen_powered'; The first real surprise at the LA Auto Show today came from Honda in the form of its FC Sport fuel cell design study. The designers at Honda's advanced design studio in Pasadena decided to take advantage of the packaging flexibility afforded by a fuel cell powertrain and mounted it mid-ship driving the rear wheels. Using the vertical flow fuel stack mounted behind the driver and an electric motor between the...

Honda producing wetlands, soybeans as well as cars | The Detroit News | detnews.com
MARYSVILLE, Ohio -- Honda Motor Co. is constructing wetlands to cleanse water that flows through its property. Soybeans grown on company land are harvested and shipped overseas for sale. Willows that sprout up are donated to feed a moose at a nearby zoo. And -- oh yes -- Honda also builds automobiles. Automakers around the nation are involved in more than just pumping out cars and trucks. Many have taken steps to improve the environment near factories, save energy, make a little extra money and benefit...

Honda rolls out low financing rates for best-selling Civic
The Civic has been a pillar of the Honda lineup for decades, and high gas prices have made it even more important to the Japanese automaker's success here in the U.S. Back in May and June, Honda couldn't make enough Civics, but with the auto industry here in the States imploding, even Honda's little money maker needs incentives. Right now, buyers with good credit can pick up a brand new 2008 or 2009 Civic with 1.9% financing for 36 months or 3.9% APR for up to 60 months. All models except the GX are...

NY Times Calls Honda FC Sport Concept Grotesque- Did They See The Same Car As I Did?
Quantum of Grotesque-Every angle is worse than the last. That is the NY Times Tori Tellem description of the Honda FC Sport Concept that was show at the LA Auto Show.When I see reviews like this, it just reinforces that the current mainstream automotive press could be one of the MAIN reasons Detroit is failing.They couldn't pick a winner if their lives depended on it.I personally thought that the FC Concept design was the most promising thing to come out of Honda/Acura since the original NSX.And after...

Survey: Honda most popular with suppliers | detnews.com | The Detroit News
Honda Motor Co. enjoys the best relations with its parts suppliers, displacing Toyota Motor Corp., which had held the top spot since 2002 in an annual survey of suppliers of the top six vehicle producers in North America. Detroit's automakers still lag the Japanese, but the gap has narrowed as Japan's leading carmakers have lost ground with suppliers in North America. Among the U.S. automakers, Ford Motor Co. extended its lead over its domestic rivals after improving its scores for the second year in a...