Rising Yen won’t Hurt Nissan’s Sales, says Ghosn

Nissan CEO, Carlos Ghosn, has predicted that Japan’s second biggest carmaker will achieve its sales targets, despite the yen’s 9.6% climb over the US dollar in the past year. However Ghosn admitted that the strength of the Yen may cause problems: “The high yen is definitely a headwind. What I worry about is not just Nissan, but Japanese manufacturers losing their motivation to maintain production in Japan”. Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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Toyota and Honda want to Win Back Sales Share from Hyundai Sonata with New Models

Not too long ago, if someone told you that a South Korean model would challenge America’s best selling sedan, the Toyota Camry, you would have probably laughed in his or her face.
Needless to say, a lot has changed over the past few years with Hyundai and in particular its latest Sonata sedan, not only challenging, but this past May even surpassing the Camry in U.S. sales for the first time in history.
Of course, the fact that Toyota’s production capabilities were seriously affected by the aftermath of the March 11 earthquake, tsunami and nuclear disaster in Japan, played a significant role in Hyundai’s accomplishment.
Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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Race-Prepped Honda Mugen CR-Z RR Concept Ready for Track Action

The almost production ready Honda Mugen CR-Z Concept wasn’t the only product from the Japanese automaker’s in-house tuning company to debut at the Goodwood Festival of Speed.
Along with the street-legal CR-Z Concept Mugen also brought along a competition version bearing the ‘RR’ moniker. The conceptual Mugen CR-Z RR sports a more dynamic aero package comprising of bespoke parts such as the wider front and rear bumpers with air-vents, side skirts, a rear diffuser and larger rear wing.
Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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What a Tease…Honda Announces All-New 2012 CR-V on its U.S. Website

Honda is trying to build some suspense around its forthcoming, brand-new 2012 CR-V crossover by making an announcement on its U.S. market website. All we get for now is a picture of a tunnel and a press blurb that doesn’t really say much other than that Honda will be revealing the successor to the current CR-V bit by bit in the next few months. Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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Ford and Dodge Flop, Lexus and Honda Top JD Power’s 2011 U.S. Initial Quality Study

The results are in for JD Power’s latest 2011 U.S. Initial Quality study that looks at the first 90 days of ownership and the news is not good for Ford Motor Company. The Dearborn-based company tumbled from fifth place and highest-ranking non-luxury automaker last year to 23rd in 2011 with 116 problems per 100 vehicles. Analysts claim that Ford’s freefall is due to complaints related to the company’s onboard MyFord Touch infotainment systems.
Even worse, Dodge was placed last in the list with 137 problems per 100 cars. Scion, MINI, Volkswagen, Mitsubishi and Suzuki didn’t fare well either occupying the last places in the study.
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Honda CR-Z Mugen: All you Need to Know about Honda’s Hottest Hybrid Yet

We’ve already shared initial information and a video on the Mugen-fettled CR-Z that Honda is about to launch at the Goodwood Festival of Speed in July, but today, the Japanese carmaker came out with all the juicy details, as well as more photos of the sporty hybrid concept.
According to company’s European division, the CR-Z Mugen sets out to prove that hybrid cars can be exciting to drive, with the one-off special producing “Civic Type R-like performance” while also remaining true to the original, eco-friendly character of the run-of-the-mill CR-Z.
Colin Whittamore from Mugen Euro explains the philosophy behind the creation of the CR-Z Mugen:
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Honda Launches New Fit Shuttle Small MPV in Japan [ 46 Photos]

After briefly postponing the presentation of its all-new Fit Shuttle due to a variety of problems that arose from the March 11 earthquake and tsunami in Japan, Honda on Thursday officially launched its mini MPV.
While keeping the five-seat layout of the regular Fit (called Jazz in Europe), the Shuttle is longer and taller, with the extra space benefiting both the rear passengers and the cargo area.
Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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Sticker Shock: U.S. Used Car Prices Soar as Nation Tackles Weak Economy and More

Well, it was bound to happen sooner or later. U.S. used car prices are up 30% over June 2010, in some cases besting Kelly Blue Book values by as much as 25%. Trade-ins are also up by 30% since this time last year.
A variety of factors, including an economy still reeling from the Global Financial Crisis, high gas prices and the Tōhoku earthquake, are thought to be responsible for the massive price rise.
Read more »Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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2009 Honda Insight Hybrid Official Specs, Plus Mega Gallery with 55 Photos

Thanks to the January 2009 issue of Honda's official Belgian magazine, we won't have to wait until the opening of the Detroit show this weekend to learn about the new Insight Hybrid's technical specifications. Even though the magazine is in French, it doesn't take a rocket scientist to make ends-meet. First of all, as anticipated, the Insight will use the same hybrid drivetrain as the Civic IMA Hybrid combining a 1.3-liter 4-cylinder petrol engine that delivers 88HP (IMA: 95 PS) at 5.800 rpm and 123Nm (90 lb.ft) of torque at 4.600 with an electric motor producing 13.6 HP and 103Nm (76 lb.ft) of torque.

The hybrid drivetrain is matted to a continuously variable transmission (CVT). As with the IMA, the Insight utilizes a set of batteries to store the energy that would otherwise be lost during braking. The energy is then used to power the electric motor. Honda claims that the Insight achieves a combined fuel consumption in the European test cycle of 4.4 liters per 100 km (53.5mpg US) with CO2 emissions of only 101 g/km.

Comparatively, the Civic Hybrid consumes on average 4.6 liters per 100 km (51.3mpg US) while the soon-to-be-replaced Prius III, 4.3 liters per 100km (54.7mpg US) with CO2 emissions of 104 g/km.

The spec sheet reveals that the Insight is slightly more compact than the current Toyota Prius measuring in at 4,395 mm in length, 1,695 mm in width and 1,425 mm in height (Prius: 4,450 mm x 1,725 mm x 1,490 mm).

The Belgian Insight and, most likely, all European market models, will be available in two trims, Comfort and Elegance. From what we were able to translate from the magazine, the base model's standard equipment will include ABS, VSA (Vehicle Stability Assist), airbags, 15-inch wheels, automatic climate control and a radio-CD. Enhancing to the Elegance will add Bluetooth, a parking assist system, cruise control, fog lights, heated front seats and rain sensors.

For details of the North American market Insight, we'll have to wait until January 11 when the Detroit Show opens its doors to the members of the press. Until then, enjoy the full image gallery of the Insight that has been updated with new photos.




Source URL: http://sparesomeribs.blogspot.com/search/label/Honda
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