Revenue at Honda doubles on robust world gross sales of vehicles and bikes

TOKYO — Honda reported Wednesday that its April-June revenue greater than doubled on wholesome gross sales of its bikes and vehicles, because the Japanese firm additionally acquired a perk from favorable trade charges.

Honda Motor Co. stated its fiscal first quarter revenue totaled 363 billion yen ($2.5 billion), up from 149 billion yen.

Quarterly gross sales jumped 21% to 4.6 trillion yen ($32 billion). Honda’s monetary service division additionally reported rising gross sales.

Honda stated its profitability improved, particularly in North America, the place manufacturing recovered.

Automakers around the globe have been slammed by provide shortages due to manufacturing delays associated to social restrictions attributable to the COVID-19 pandemic. However such restrictions have eased, permitting manufacturing to select up once more.

Auto gross sales have been about the identical in Japan within the newest quarter as within the earlier 12 months, whereas dropping considerably in China due to intense competitors from makers of battery electrical automobiles, Honda stated.

Honda is banking on development in EVs within the U.S. market, the place it just lately introduced it’s becoming a member of six different corporations within the creation of a high-powered charging community throughout North America.

Worries about local weather change have helped set off a dramatic shift within the auto trade towards battery electrical automobiles, permitting for relative newcomers like Tesla and BYD to prosper, whereas catching some Japanese makers off guard with their hybrids and common gasoline-powered fashions.

Honda stated a pc chip scarcity crimped its motorbike gross sales in India, whereas gross sales rebounded in Indonesia as manufacturing recovered.

Honda stated it offered 901,000 automobiles within the newest quarter, up from 815,000 a 12 months earlier. It additionally offered extra bikes worldwide at practically 4.5 million, up from 4.2 million.

Honda added 23 billion yen ($160 million) to its quarterly working revenue due to the affect of forex trade charges. A weaker yen, buying and selling currently at about 143 yen to the U.S. greenback, is a boon for Japanese exporters by boosting the quantity of its abroad earnings when transformed into yen.

Honda caught to its full 12 months projection of an 800 billion yen ($5.6 billion) revenue, up from 651 billion yen a 12 months earlier.

Honda shares slipped 0.9% on the Tokyo Inventory Trade.

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Honda posts 78% rise in Q1 revenue on U.S. gross sales leap

TOKYO — Japan’s Honda Motor reported a 78% rise in quarterly revenue on Wednesday, boosted by elevated gross sales, particularly within the North American market, and a weaker yen.

Japan’s second-biggest automaker by gross sales mentioned its working revenue totaled 394.four billion yen ($2.76 billion) within the three months via June, handily beating the common 324.74 billion yen estimate in a ballot of 10 analysts by Refinitiv.

That in contrast with a 222.2 billion yen revenue in the identical interval final 12 months.

Like different automakers, Honda mentioned it benefited from sturdy gross sales to retail clients in the important thing U.S. market, posting a 44.7% year-on-year leap to 347,000 items, because the affect of post-pandemic disruptions within the provide of elements and chips eases.

That contrasted sharply with a steep 5% drop in gross sales in China to 309,000 autos that Honda reported for the quarter, confronted with rising native competitors and a fast shift to electrical autos on this planet’s greatest automobile market.

Enterprise circumstances in China had grown worse for Honda in comparison with when it issued its forecast of promoting 1.four million autos for the complete 12 months, a Honda official mentioned.

“We’re nonetheless working amid some restrictions from semiconductors,” the official mentioned.

“If we have been to revise our gross sales forecast in China, we’ll need to transfer forward with contemplating whether or not we will distribute elements to and manufacture extra in different areas.”

Honda maintained its forecast for a 1.zero trillion yen working revenue for the present 12 months, decrease than the 1.117 trillion yen common forecast from 22 analysts.

The corporate will weigh the necessity for an replace to its full-year outlook together with the advantages it sees from a weakening yen when it broadcasts second-quarter outcomes across the begin of November, the official added.

($1 = 143.1200 yen)

(Reporting by Daniel Leussink; Enhancing by David Dolan, Chang-Ran Kim and David Evans)

BMW i7 or Mercedes-Benz S-Class? High Gear Offers The Reply

The world of luxurious vehicles is embracing sustainability and eco-consciousness with the introduction of all-electric and plug-in hybrid choices. So in fact, automotive magazines are having a discipline day testing these new merchandise. In a brand new assessment, High Gear pits the BMW i7, an all-electric limousine, in opposition to the Mercedes-Benz S580e, a plug-in hybrid, to find out which one reigns supreme as the final word luxurious inexperienced machine.

Energy and Efficiency

Photograph by Mercedes-Benz

The 2023 Mercedes-Benz S580e 4Matic plug-in hybrid boasts a powerful whole of 510 horsepower from its mixture of an inline-six fuel engine and a potent 148-hp electrical motor. This hybrid choice affords extra energy than the V8–powered S580 4Matic whereas nonetheless delivering real electrical vary, boasting 46 miles.

Then again, the BMW i7 embraces all-electric energy, producing a powerful 536 horsepower and a staggering 549 lb-ft of torque. Geared up with two electrical motors offering torque-vectoring all-wheel drive, the i7 attracts vitality from a considerable 101.7 kWh (usable) battery pack, able to masking as much as 300 miles on a single cost.

Journey Consolation and Dealing with

High Gear’s assessment reveals that the BMW i7 showcases extraordinary suspension insulation, leading to a quieter, extra cushioned, and supple experience in comparison with the Mercedes-Benz S580e. The i7 demonstrates distinctive street manners, making it a really gratifying automobile for each drivers and passengers. In distinction, whereas the S580e offers a cushty and splendid experience, High Gear concedes that the i7 units a brand new normal within the luxurious sedan phase, surpassing the S-Class when it comes to total driving expertise and passenger consolation.

Inside and Luxurious

Contained in the BMW i7, High Gear discovered a playful and relaxed tackle luxurious, setting it aside from the extra standard and basic inside of the Mercedes-Benz S580e. With a give attention to creating an immersive rear-seat expertise, the i7 goals to redefine luxurious for its occupants. The i7’s inside design, supplies, and expertise all mix seamlessly to create an setting that exudes trendy opulence. Whereas the S-Class inside stays luxurious and opulent, High Gear’s analysis signifies that the BMW i7’s cabin has an edge when it comes to innovation and redefining luxurious norms.

Photograph by Mercedes-Benz

High Gear’s Verdict

After completely evaluating each automobiles, High Gear concludes that the BMW i7 emerges as the brand new champion within the luxurious sedan world. Regardless of the S580e’s spectacular efficiency, it falls barely behind the i7 when it comes to total driving dynamics and rear-seat expertise. Nonetheless, High Gear acknowledges that the Mercedes-Benz S580e stays an distinctive alternative throughout the S-Class lineup, providing an ideal steadiness between luxurious and inexperienced expertise. With its vital electrical vary and highly effective hybrid powertrain, the S580e is an attractive choice for these searching for each efficiency and sustainability.

After all, a extra correct check would have been between the BMW M760e and the S580e, however possibly they’re saving that for the following assessment. You may learn their full assessment right here.

Geely supposedly cancels Thailand EV manufacturing plans, to swap its focus to Malaysia – report

Geely supposedly cancels Thailand EV production plans, to switch its focus to Malaysia – report

On the finish of Could, a report by Reuters indicated that Geely was planning to enter the Thailand market with electrical autos (EVs) and was contemplating fashions for import and native manufacturing. Unnamed sources informed the information company that the Chinese language carmaker was mulling whether or not to market an entry-level EV in addition to a completely electrical pick-up truck from its Radar model, on this case the RD6.

Nevertheless, the automaker mentioned at that time that it was all rumour, with an organization media consultant telling the information company that “Geely has no such plans,” whereas declining to supply particulars about any talks it was having about investments within the nation.

Issues went quiet following that preliminary report, however the matter has come again up once more, with Headlightmag now reporting that supposed plans by Geely to enter Thailand with a major funding have been cancelled.

Geely supposedly cancels Thailand EV production plans, to switch its focus to Malaysia – report

Whether or not the reported funding plans in Thailand in addition to that steered by the Headlight report has something greater than a palpability to it’s unsure, however what we do know is that Geely is ready to take a position USD10 billion (RM45.6 billion) to show Tanjung Malim in Perak into the area’s largest auto metropolis, as revealed by prime minister Datuk Seri Anwar Ibrahim final month.

Whereas this funding is predicted to centre across the growth of Proton-related fashions, it doesn’t low cost the potential for Proton offering contract meeting for the broader Geely group sooner or later, because it has extra capability at its automotive and engine vegetation in Tanjung Malim.

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Decide of the Day: 2005 Nissan 350Z

The 350Z, often known as the Fairlady Z in Japan, launched as a two-door, two-seat sports activities automotive in mid-2002 for the 2003 mannequin yr. It’s arduous to imagine this design is now 20 years previous. Just a few standout examples are nonetheless on the market within the collector market, and right now’s Yellow Pearl Tricoat instance is correct up there.

The Decide of the Day is a low-mileage 2005 Nissan 350Z roadster listed on the market on ClassicCars.com by a personal vendor in Franklin, North Carolina. (Click on the hyperlink to view the itemizing)

“Yellow sports activities vehicles are uncommon however very noticeable,” the itemizing begins. “I’m the second proprietor of this 350Z. The automotive is the Fanatic version, totally loaded with choices, and has simply undergone an intensive refresh at my native motorsports store.”

The 350Z, often known as the Fairlady Z in Japan, launched as a two-door, two-seat sports activities automotive in mid-2002 for the 2003 mannequin yr. The press launch from the launch shared a quote by Carlos Ghosn, then-president of Nissan Motor Firm: “The brand new Z guarantees to ship the efficiency and excessive design qualities of right now’s cutting-edge sports activities vehicles at a very inexpensive worth. Our overriding aim has been to construct a memorable, no-compromise sports activities automotive whereas maintaining the worth below $30,000. This new Z meets all of our expectations. It’s, fairly merely, a surprising achievement.”

The Z roadster got here with a power-retractable smooth prime for an open-air expertise. Exhibiting simply 55,039 miles on the odometer, this 18-year-old ragtop Z has not been pushed a lot. Nonetheless, the mechanical situation has been stored updated for peace of thoughts. Energy comes from a 3.5-liter VQ V6 paired with a six-speed guide transmission. This drivetrain was rated at 287 horsepower and 274 lb-ft of torque when new. The latest work that the vendor talked about included alternative of the engine oil, differential fluid, spark plugs, brake pads, and tires.

Many of those Z-cars have been closely modified by tuners and racers. This instance has stayed true to its authentic gear with exception of three upgrades from NISMO, Nissan’s in-house efficiency division. The added objects embrace a chilly air consumption, headers, and a tuned twin exhaust system.

All that’s left to do with this brilliant yellow Z is to drive it and luxuriate in it. We guess the automotive sounds as nice because it seems to be! The asking worth is $38,000 for this low-mileage Z.

To view this itemizing on ClassicCars.com, see Decide of the Day.

2023 Scrambler Ducati in Malaysia, RM62,900 for Icon, RM69,900 for Nightshift and Full Throttle

2023 Scrambler Ducati in Malaysia, RM62,900 for Icon, RM69,900 for Nightshift and Full Throttle

Now in Malaysia are the 2023 Scrambler Ducati Icon, Nightshift and Full Throttle. The Scrambler Ducati Icon retails at RM62,900, whereas the Nightshift and Full Throttle are identically priced at RM69,900.

All pricing for the 2023 Scramblers excludes street tax, insurance coverage and registration. This compares towards the 2022 value of RM57,900 for the Scrambler Icon whereas the Nightshift went for RM66,900.

Energy for the Scrambler Icon, Nightshift and Full Throttle nonetheless comes from Ducati’s iconic Desmosdue air-cooled V-twin producing 73 hp. Occurring a food regimen, the Scrambler now weighs Four kg lower than the earlier era, with a redesigned trellis body and lighter engine internals.

2023 Scrambler Ducati in Malaysia, RM62,900 for Icon, RM69,900 for Nightshift and Full Throttle

A brand new swingarm is mixed with a shock absorber with mounting level positioned to the centreline. The body redesign now has the primary body and rear sub-frame separated, making crash repairs and modifications simpler.

Additionally new is the sample for the alloy wheels although sizing stays the identical at 18-inches in entrance and 17-inches within the rear. Weight financial savings of two.5 kg is gained within the engine room, with a brand new eight-disc clutch and a softer lever pull.

2023 Scrambler Ducati in Malaysia, RM62,900 for Icon, RM69,900 for Nightshift and Full Throttle

New for the Scrambler is ride-by-wire throttle which permits the becoming of Ducati Traction Management (DTC) and two using modes – Highway and Moist. Commonplace tools is cornering ABS and the Scrambler Icon and Nightshift come able to be fitted with the elective Ducati up-and-down quickshifter.

The quickshifter is normal tools on the Full Throttle whereas the Ducati Multimedia System which connects to the rider’s smartphone is elective throughout the vary. Different design adjustments embody the headlight, which is now a full LED unit, additionally with redesigned LED taillight and LED flip alerts.

2023 Scrambler Ducati in Malaysia, RM62,900 for Icon, RM69,900 for Nightshift and Full Throttle

Data is now displayed on the brand new 4.3-inch shade TFT cluster, giving the Scrambler a extra trendy outlook. The metal tank has been redesigned, as are the aspect covers, and outfitted with an interchangeable cowl that, together with the fenders and particulars on the headlamp, enable the rider to customize the Scrambler to his or her needs.

There are 9 color mixtures out there for the Scrambler Icon obtained by means of mixing and matching tank colors and panels. The Nightshift is available in Nebula Blue whereas the Full Throttle is out there solely in Purple.

GALLERY: 2023 Scrambler Ducati Full Throttle

GALLERY: 2023 Scrambler Ducati Icon

GALLERY: 2023 Scrambler Ducati Nightshift

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2025 BMW 2 Collection Gran Coupe Spied With Quad Exhaust

It was solely yesterday once we shared spy pictures of the BMW four Collection Gran Coupe and we’re now offering an early take a look at its smaller brother. Whereas the 4er shall be going by a mid-cycle facelift, this compact sedan is transitioning to the second era. That is regardless of the actual fact the two Collection Gran Coupe hasn’t acquired the Life Cycle Impulse (LCI). Very like the 1 Collection hatchback, its sedan sibling is leaping straight to the subsequent era.

The prototype seems to be sporting the complete manufacturing physique and last lights, together with two-tone wheels and blue brake calipers hiding the M emblem. Whereas the kidney grille seems a bit odd due to the camouflage, it is the rear that caught our consideration because it has a quad exhaust. Very like the just lately unveiled X1 M35i, the M Efficiency variant of the long run 2 Collection Gran Coupe is getting 4 suggestions, which can even be discovered on the subsequent M135i and X2 M35i.

These upcoming fashions are rumored to drop the “i” from their names, so count on this sporty compact sedan to be referred to as the “M235 xDrive.” Regardless of transitioning to the second era, it seems as if the “new” 2 Collection Gran Coupe shall be extra alongside the strains of a facelift slightly than a full redesign. Codenamed “F74,” the Mercedes CLA rival is getting the sportier-looking facet mirrors that was once reserved for full-fat M fashions till a few years in the past.

Not like big-brother four GC’s extra sensible liftback physique type, the two GC is more likely to stay a standard sedan. The trunk lid boasts a sporty spoiler in all probability unique to the M Efficiency model. Apparently, BMW utilized some additional disguise on the Hofmeister kink, whereas the dashboard stays hidden beneath a bit of black cloth. Nonetheless, we will see the contour of the dual-screen setup, presumably the iDrive 9 that is already being put in in freshly constructed X1 crossovers.

The second-gen 2 Collection Gran Coupe is anticipated to debut subsequent yr, with manufacturing rumored to kick off in November 2024. This M235 xDrive may very well be provided from day one because the range-topping mannequin. The German luxurious model has made it crystal clear it will not launch totally fledged M variations of its front-wheel-drive-based automobiles, so this M Efficiency model will stay the flagship.

In early 2025, BMW can even start manufacturing of a long-wheelbase model for China, codenamed “F78.”

Cawangan JPJ diarah turunkan notis ‘tiada lagi cukai jalan fizikal’, pelekat masih dikeluarkan – Loke

Cawangan JPJ diarah turunkan notis ‘tiada lagi cukai jalan fizikal’, pelekat masih dikeluarkan – Loke

Cawangan JPJ yang telah meletakkan notis menyatakan cetakan fizikal cukai jalan untuk kenderaan persendirian tidak lagi dikeluarkan oleh jabatan itu diarah untuk menurunkannya serta merta.

Menteri pengangkutan, Anthony Loke berkata, arahan tersebut dikeluarkan oleh pengarah JPJ, Rospiagos Taha kepada cawangan yang menyatakan cukai jalan (atau lesen kenderaan motor, LKM) fizikal tidak akan dikeluarkan lagi bermula 1 Ogos dan pelanggan seharusnya memperbaharui cukai jalan mereka atas talian menggunakan aplikasi MyJPJ.

Mengikut laporan The Star, Loke menyatakan bahawa pelekat cukai jalan masih lagi dikeluarkan. “Beberapa cawangan kehabisan stok dan meletakkan notis cukai jalan fizikal tidak tersedia, tetapi ini bukanlah keputusan polisi. Kami mengambil tindakan pantas setelah mengetahui cawangan kehabisan stok, dan terus memesan stiker baru,” kata beliau.

Cawangan JPJ diarah turunkan notis ‘tiada lagi cukai jalan fizikal’, pelekat masih dikeluarkan – Loke

Beliau berkata, kementerian masih belum menetapkan tarikh muktamad untuk peralihan penuh kepada cukai jalan digital (e-LKM) dan pemilik kenderaan masih mempunyai pilihan untuk terus menggunakan pelekat cukai jalan fizikal. Beliau menambah, statistik JPJ mendedahkan hanya 30% pemilik kenderaan menggunakan cukai jalan digital sekarang.

“Tapi akan tiba waktu kita akan beralih sepenuhnya kepada digital. Tiada keputusan dibuat setakat ini,” kata Loke. Beliau turut menambah bahawa ia mungkin mengambil masa enam bulan ke satu tahun sebelum cukai jalan digital dilaksanakan sepenuhnya.

Pada bulan Februari, Loke mengumumkan pemilik kenderaan persendirian tidak perlu lagi memaparkan cukai jalan pada cermin kenderaan mereka, bermula 10 Februari 2023, dan boleh memilih untuk menggunakan versi digital. Beliau berkata peralihan kepada digital dapat mengurangkan kesesakan di pejabat cawangan JPJ dan kaunter sehingga 80% dan menjimatkan kerajaan sekitar RM96 juta untuk kos pencetakan.

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New Alfa Romeo supercar teaser mentions ‘6 weeks’ and ‘792 hours’

Alfa Romeo acquired on Instagram once more to tease the approaching supercar that can debut on August 30. The picture is a bit funky, and so is the caption. The image exhibits the steering wheel, shot from beneath. The hub middle is the primary uncommon bit, being a monochrome Alfa Romeo brand. The Italian model’s steering wheels normally function a full-color brand besides within the Quadrifoglio trims that bear a black and silver design. Classic Alfas just like the GT Junior fashions of the 1960s and 1970s have been identified for silver logos. They have been additionally identified for drilled steering wheel spokes, which could be featured within the teaser as effectively. No present Alfas we all know of use metal-looking steering wheels spokes, and none comprise what appear like dials set into the underside spoke. Even the limited-edition Giulia GTAm that began at about $225,000 in Europe took the Giulia’s common wheel and changed plastic with carbon fiber for the decrease spoke.

Then there’s the caption, “792hours and fewer than #6weeks left to ignite your spirit with #AlfaRomeo. Witness historical past unfold on August 30th, as #Braveness and keenness #Converge to offer start to a visionary #Creation. Save the date!”

That is an oddball variety of hours for a countdown timer. The guess is that this can be a reference to the horsepower determine engineers coaxed from the twin-turbo 3.0-liter Nettuno V6 poached from the Maserati MC20. Within the MC20, the engine produces 621 horsepower. Rumors out of Europe have stated the Maserati mill goes to share the Alfa Romeo’s engine bay with no less than one electrical motor and make about 800 horsepower — shut sufficient to 792 to not quibble over. Since that will be a metric horsepower score, changing PS to U.S. HP provides 781 hp, a tidy 160 horses greater than the MC20 and completely achievable with a single flux capacitor.

Until the Italians are taking a MacGuffin from Hitchcock’s playbook, six weeks away might foreshadow the 6C identify as a substitute of the 33 identify that is labored its means into the dialog. The livestreamed debut from the Alfa Romeo museum in Arese, Italy is a month away.

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2024 Nissan Z Nismo bows with 420 hp

A redesigned Nissan Z sports activities automobile bowed for 2023, and for its second yr in the marketplace it spawns a track-focused Nismo variant.

The brand new 2024 Nissan Z Nismo was revealed late on Monday forward of the beginning of gross sales this fall. Pricing data can be introduced nearer to the gross sales launch.

The common Z already affords loads of efficiency straight out of the field, however the Nismo remedy provides the automobile a extra hardcore edge, in addition to including some visible touches in and out.

Key among the many upgrades is further energy from the Z’s twin-turbocharged 3.0-liter V-6. The height numbers within the Z Nismo register at 420 hp and 384 lb-ft of torque, up 20 hp and 34 lb-ft on the common Z. There’s additionally improved cooling for the engine oil, which is significant for these lengthy days on the observe.

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

The only real transmission is a 9-speed computerized. The common Z’s accessible 6-speed guide is nowhere in sight. Nissan mentioned the 9-speed delivers sooner and extra dynamic shifts in comparison with within the common Z, due to distinctive software program settings activated through a Z Nismo-exclusive Sport+ mode. In line with Nissan, the driving force does not want to make use of the paddle shifters when on the observe because the Sport+ mode’s programming ensures the transmission reacts rapidly sufficient.

The common Z rides and drives a bit softer than earlier generations, which improves consolation on the street however leaves efficiency on the desk on the observe. The Z Nismo addresses this with new stabilizer bars, bigger dampers, and stiffer springs. Further physique reinforcements additionally enhance total stiffness and rigidity, serving to the automobile to raised reply to elevated cornering forces. Key modifications embrace extra bracing, stiffer suspension bushings, and a stiffer mounting bushing for the steering rack.

The Z Nismo additionally sports activities 19-inch wheels from Rays with Dunlop SP Sport Maxx GT600 tires measuring a chunky 285/35 on the rear. The wheels are a half inch wider than the 19-inch wheels on the Z’s Efficiency grade, measuring 10.Zero inches throughout on the entrance and 10.5 inches on the rear. Nonetheless, the larger wheels are literally lighter, in accordance with Nissan. Mounted inside are greater brakes, with 15.0-inch rotors up entrance and 13.eight inch rotors on the rear.

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

2024 Nissan Z Nismo

The Z Nismo might be simply recognized by its distinctive front-end design with a brand new fascia and grille remedy. Nissan calls it the Grand Nostril, or G Nostril for brief. Chunky aspect skirts, a novel rear fascia, and a bigger rear wing have additionally been added, together with flics on the entrance. Pink accents additionally designate the mannequin as a part of the Nismo fold.

Inside, the Z Nismo options Recaro bucket seats with holes to accommodate a harness. A Nismo-specific design has been utilized to the digital gauge cluster, and there is now a crimson engine begin button. The steering wheel options leather-based and Alcantara trim, in addition to a crimson stripe on the 12 o’clock place.