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Wednesday, 12 July 2017 20:58

Hondas Become Harder to Steal

The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, which identifies the 10 most stolen vehicles in the United States. The report examines vehicle theft data submitted by law enforcement to the National Crime Information Center (NCIC) and determines the vehicle make, model and model year most reported stolen in 2016.
While Honda Accords and Civics dominate this annual list, they are older, pre-smart-key production models. Since the introduction of smart keys and other anti-theft technology, Honda thefts have seen major declines. As the list of top 25 most stolen 2016 model year vehicles shows, there were only 493 thefts of Accords last year.

Published in Crime
Thursday, 06 July 2017 18:52

Honda Unveils CPO Website

Honda recently debuted a completely redesigned certified pre-owned vehicle website at www.HondaCertified.com.

The new site makes inventory the primary focal point for shoppers, introducing a new inventory alert feature for the most up-to-date vehicle availability information. The revamped site also filters inventory search results by specific features (e.g., leather interior or rearview camera) to help visitors find the vehicle that is right for them.

Once a shopper creates an alert, Honda will notify that customer when the vehicle they are looking for is available.  Visitors can view and compare suggestions for other Honda Certified Pre-Owned Vehicles they may be interested in. 

The new site enables users to share the vehicles they're considering with friends and family. Shoppers can compare different Honda models to help make their vehicle decision. 

New website design aims to provide a seamless user experience across all platforms, regardless of device. 

The new www.HondaCertified.com offers the latest photos of your favorite Honda vehicles, as well as videos showcasing Honda cars and light trucks in action

Published in Tech News

American Honda Motor Co. is recalling 8,354 model year 2015 Acura TLX 2WD and 4WD vehicles.

In the affected vehicles, the transmission wire harness connections may have insufficient crimps, and, as a result, the transmission may unexpectedly shift to neutral.

Acura has notified owners, and dealers will, based on the automatic transmission serial number, update the transmission software to prevent the transmission from shifting into neutral due to a faulty crimp, free of charge. The recall began Jan. 13.

Honda's number for this recall is KC2.

 

 

Published in Compliance News
Tuesday, 04 April 2017 10:54

What Just Happened?

The sales numbers for March are about as ugly as the North Carolina win over Gonzaga. But who are the real losers from last month? It's hard to tell based on the shallow way the mainstream media reports car sales. From this Bloomberg article, we know that Kia and Ford had the biggest drops overall. We also learn that the Malibu and Fusion suffered the most. And Nissan, VW, and GM were the only automakers with an increase. But what does this really mean?

First, we don't know what this means for profits. Ford and GM make far more off trucks and SUVs than they do off cars. If they sold the same amount of F-150s and Silverados, but fewer Fusions and Malibus, it might not be so bad.

Second, we don't know to whom these vehicles were sold. The MSM reports all sales as if they were to consumers. Nissan might have seen an increase due to higher fleet sales, which are less profitable than consumer sales.

Third, we do know how much each automaker missed the mark. We know Ford sales were down 7.2 percent, worse than the 5.9 percent predicted. But that's a difference of -1.3 percentage points. VW, one of the "winners," was off the projection by -6.3 percentage points. And Honda was off by -5.6 percentage points. Honda actually looks the worst to me. Much of that drop came from the Accord, which dropped 12 percent and the Nissan Rogue overtook the CR-V in sales. There are other signs of worry for Honda. 

 Not from this article, but from others we know that vehicles are piling up on dealers' lots. It seems especially bad for Buick. This has me wondering about something bigger: what's going on in China

There are plenty of questions left after being told how sales were in March.

Published in Ted Craig
Friday, 27 January 2017 12:57

The Fab Four

A good operator can succeed with just about any franchise, but based on a couple of presentations I saw yesterday, there are four brands that give you the best odds: Chevrolet, Honda, Toyota and Subaru. Sorry, if you don't like import brands. This conclusion is based on the Kerrigan Advisors Report and the Kelley Blue Book Resale Awards.

Published in Ted Craig
Monday, 09 January 2017 20:31

Chevy, Honda, Chrysler Win Awards

The 2017 Chevrolet Bolt electric car, Honda Ridgeline pickup and Chrysler Pacifica minivan were named 2017 North American Car, Truck and Utility Vehicle of the Year, respectively.
The announcement was made at the North American International Auto Show in Detroit.
The Bolt electric car received 364 points from the jury of automotive journalists from across the U.S. and Canada. The Genesis G90 sedan from Hyundai's new luxury brand was second with 105, followed by the Volvo S90 sedan with 101.
The Honda Ridgeline midsize pickup received 364 points to beat the Ford F-series Super Duty, 193, and Nissan Titan, 72.
The Chrysler Pacifica minivan got 300 points to top the Mazda CX-9, 135, and Jaguar F-Pace, 125.
The award for utility vehicle of the year is new for 2017. It includes sport utility vehicles and minivans.
It was added due to surging consumer interest in SUVs, many of which compete with minivans as kid-friendly family transportation.
The jury and designer Ed Welburn also presented a check for $5,000 to the Children's Hospital Foundation of Michigan. Welburn is a former design director of General Motors.

Published in Dealers