The next-generation Acura Hybrid SUV Prototype (7267.T and NYSE: HMC) was shown during a Honda business briefing in Japan today.* It appears to be a two-row mid-size offering that will appear in the U.S. during ~2028.
“Honda will reallocate more development and production resources into hybrid models to accelerate the market launch ahead of the original schedule and increase the number of compelling products,” said Toshihiro Mibe, global CEO of Honda Motor Co., Ltd. “We have made steady progress in the development of hybrid vehicle technologies, where Honda has strengths, based on our belief that hybrid models will continue to be the key to addressing environmental challenges.” [Today Honda posted its first Japanese full-year loss in history taking ~$9 billion in costs to restructure its electric-vehicle business. Honda also dumped its longer-term EV sales forecast.-AutoCrat] Continue reading













Trumped – National Average for Fuel Prices Climbing Yet Again
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AAA said today that the national average for fuel prices is once again on its way back up.*
“After five straight days of declines earlier this week, the national average is once again on its way back up. Today’s national average is a couple cents lower than last week, but with crude oil prices hovering in the $100/barrel range, pump prices remain elevated,” AA said.** Continue reading →