Exelent Cars 13

The strong yen is affecting all Japanese automakers that are exporting their locally produced cars to America. Honda is one of them, as of the 72,000 CR-Vs built last year in Japan, 35,000 made their way to North America. Japan’s third largest automaker wants to invest in its North American plants to increase the number of CR-V it builds here and reduce exports from Japan, thus minimizing losses due to exchange rates.

“Our profit structure has improved mainly thanks to robust overseas operations, and the toughest area remains exports from Japan”, Chief Financial Officer Yoichi Hojo told reporters at Honda's headquarters on Wednesday. “With a little investment, we would be able to increase production of the CR-V in the United States, so that's the most probable course of action (to reduce yen exposure)”, he said.

The company official said that Honda is currently examining various options to increase the crossover’s production. One of the factories that builds the CR-V, the East Liberty plant, in Ohio, is already operating at full capacity, but the neighboring Marysville plant is at 80%, while a factory in Indiana is working at half of its total capacity.

Should the need arise, Honda could also increase the output of its Mexican and Canadian plants.

In the future, the automaker also plans to use more components sourced from low-cost countries, such as China and India.

According to Yoichi Hojo, low-cost components will account for at least 10% of the upcoming 2012 Civic, a major improvement considering that the current generation uses very few if any low cost parts. The same ratio is at 17% in the case of the Fit subcompact, but Honda is aiming for about 30%.

By Csaba Daradics

Source: Reuters

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The strong yen is affecting all Japanese automakers that are exporting their locally produced cars to America. Honda is one of them, as of the 72,000 CR-Vs built last year in Japan, 35,000 made their way to North America. Japan’s third largest automaker wants to invest in its North American plants to increase the number of CR-V it builds here and reduce exports from Japan, thus minimizing losses due to exchange rates.

“Our profit structure has improved mainly thanks to robust overseas operations, and the toughest area remains exports from Japan”, Chief Financial Officer Yoichi Hojo told reporters at Honda's headquarters on Wednesday. “With a little investment, we would be able to increase production of the CR-V in the United States, so that's the most probable course of action (to reduce yen exposure)”, he said.

The company official said that Honda is currently examining various options to increase the crossover’s production. One of the factories that builds the CR-V, the East Liberty plant, in Ohio, is already operating at full capacity, but the neighboring Marysville plant is at 80%, while a factory in Indiana is working at half of its total capacity.

Should the need arise, Honda could also increase the output of its Mexican and Canadian plants.

In the future, the automaker also plans to use more components sourced from low-cost countries, such as China and India.

According to Yoichi Hojo, low-cost components will account for at least 10% of the upcoming 2012 Civic, a major improvement considering that the current generation uses very few if any low cost parts. The same ratio is at 17% in the case of the Fit subcompact, but Honda is aiming for about 30%.

By Csaba Daradics

Source: Reuters

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In October of 2010 we brought you a Toyota Soarer / Lexus SC that had been transformed into an abomination with a Mercedes-Benz CLK DTM front end and a Nissan 200SX rump. It was bad, but I still liked it better than the snooze-mobile that was the ‘91 Soarer / CS.

Well, from the same website that brought us that automotive mullet comes yet another creation that’s been refashioned into something else. This time its a Nissan Silva. This particular freak of coach building features a Mercedes-Benz rear end (or at very least the taillights) and Nissan 350Z front end. The result is less than impressive.

I don’t know what’s worse – the matte white that makes the car look like it’s still in primer or the cacophony of weird vents jutting out of the plastic snap-on bodywork. Despite the owner’s best efforts, the rear bumper clearly doesn’t fit, jutting out beyond the rear wheels and necessitating the addition of those awful rear bulges. Mitsuoka could do better with a Nissan Micra and papier-mâché.

Though don’t take my word for it. Study the pictures and deliver your verdict in the comments section below.

By Tristan Hankins

Source: Farmofminds

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In October of 2010 we brought you a Toyota Soarer / Lexus SC that had been transformed into an abomination with a Mercedes-Benz CLK DTM front end and a Nissan 200SX rump. It was bad, but I still liked it better than the snooze-mobile that was the ‘91 Soarer / CS.

Well, from the same website that brought us that automotive mullet comes yet another creation that’s been refashioned into something else. This time its a Nissan Silva. This particular freak of coach building features a Mercedes-Benz rear end (or at very least the taillights) and Nissan 350Z front end. The result is less than impressive.

I don’t know what’s worse – the matte white that makes the car look like it’s still in primer or the cacophony of weird vents jutting out of the plastic snap-on bodywork. Despite the owner’s best efforts, the rear bumper clearly doesn’t fit, jutting out beyond the rear wheels and necessitating the addition of those awful rear bulges. Mitsuoka could do better with a Nissan Micra and papier-mâché.

Though don’t take my word for it. Study the pictures and deliver your verdict in the comments section below.

By Tristan Hankins

Source: Farmofminds

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The Mazda2 four-door small sedan has been dropped from the firm's lineup in Australia, just eight months after launch. The reason is Mazda's decision to switch production of the Australian market version of the small car from its Thailand factory, which manufactures both sedan and hatchback body styles, to the company's Hiroshima plant in Japan, which builds only the hatchback version.

The Japanese automaker said the move was dictated by the success of the Mazda2 in the Thailand region and the fact it could not guarantee supply to the Australian market.

Mazda Australia spokesman Steve Maciver told reporters that the company does not except the loss of the four-door model to harm local sales as the five-door model was the most popular in the range.

An updated version of the Mazda2 hatchback with refreshed trim and all-new colours is due arrive in Australian showrooms this month. It will continue to be offered with 76kW 1.5 litre petrol engine, available with both manual or automatic transmissions.

Source: Yahoo [Hat tip to Matt]

The Mazda2 four-door small sedan has been dropped from the firm's lineup in Australia, just eight months after launch. The reason is Mazda's decision to switch production of the Australian market version of the small car from its Thailand factory, which manufactures both sedan and hatchback body styles, to the company's Hiroshima plant in Japan, which builds only the hatchback version.

The Japanese automaker said the move was dictated by the success of the Mazda2 in the Thailand region and the fact it could not guarantee supply to the Australian market.

Mazda Australia spokesman Steve Maciver told reporters that the company does not except the loss of the four-door model to harm local sales as the five-door model was the most popular in the range.

An updated version of the Mazda2 hatchback with refreshed trim and all-new colours is due arrive in Australian showrooms this month. It will continue to be offered with 76kW 1.5 litre petrol engine, available with both manual or automatic transmissions.

Source: Yahoo [Hat tip to Matt]

Nissan and Mazda said Friday that they are expanding their original equipment manufacturing (OEM) projects to include the Mazda Premacy, otherwise known as the Mazda5 MPV in markets such as North America and Europe. Under the agreement, Mazda will supply a "clearly differentiated version" of the Premacy to Nissan for sale in Japan, starting from May this year, the two companies said in a joint statement.

No pictures or other details have been released at this point, but given the short timeframe, Japanese buyers shouldn't expect any significant changes over the Premacy.

The two Japanese automakers are currently collaborating through a mutual OEM agreement, which enables Mazda to provide the Bongo Van/Truck to Nissan (sold as the Nissan Vanette Van/Truck), while Nissan supplies the AD/AD Expert to Mazda (sold as the Mazda Familia Van).

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