Both Toyota (TM) and Honda (HMC) report dismal year-over-year results for fiscal fourth-quarter 2020, thanks to the coronavirus outbreak.

Amid coronavirus-induced uncertainty and financial crisis, Honda (HMC) refrains from providing any dividend forecast and financial outlook for fiscal 2021.

The Hyundai Palisade came close as it was able to fit the four biggest bags in my travel arsenal. On paper, the 2020 Honda Pilot should be among that smallest group, providing 16.5 cubic-feet of space when the third row is raised. The Highlander is 16 cubic-feet, while the Palisade has 18 and the Atlas 20.6.

Honda Motor (NYSE: HMC) said that its operating profit for the fiscal year ended March 31 was 634 billion yen ($5.9 billion), down 13% from the prior fiscal year, as the effects of the coronavirus pandemic hammered its results for the January-March quarter.

Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait for approvals slowed the return of Ford Motor Co and other companies. Fiat Chrysler on Tuesday began reopening two facilities in the central Mexican city of Toluca after a gradual restart of its operations in the northern city of Saltillo a day earlier, said a company spokesman. The announcement means two of Detroit's Big Three automakers have begun restarting Mexican operations.

What happened Shares of several global automakers were rising on Tuesday, as auto factories around the world continued to ramp up after shutting down in March amid the COVID-19 pandemic.  Here's where things stood for these three companies' stocks as of 2:30 p.

HANGZHOU, China/SHANGHAI, May 25 (Reuters) - Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown. Cui Peng, a Geely sales manager in the eastern city of Hangzhou, says unit sales at his dealership jumped 30% in April from March and they are hoping for 25% growth in May.

At three years old, the 2020 Honda Civic Type R is getting its first midcycle refresh. Under the skin, Honda has focused on brakes and suspension. The new Type R now has two-piece rotors that Honda says dissipate heat better.

Only Acura knows why its flagship RLX sedan is still on sale; every year that we had occasion to remember the RLX — which wasn't every year — seemed like a good year to let the car die peacefully. Automotive News reports the deed is finally done, or rather, will be at the end of 2020, when Acura discontinues the model that started with the RL in 1996. Honda told U.S. dealers yesterday that in other markets like Japan, the four-door will continue to sell as the Honda Legend.

HANGZHOU, China/SHANGHAI, May 25 (Reuters) - Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown. Cui Peng, a Geely sales manager in the eastern city of Hangzhou, says unit sales at his dealership jumped 30% in April from March and they are hoping for 25% growth in May.

Toyota (TM) expects operating income to decline 79.5% year over year to 500 billion yen in fiscal 2021, which would mark the lowest profit in nine years.

Let's take a look at the impact of the major automaker earnings releases on automobiles ETFs amid the coronavirus crisis.

When I got our long-term Subaru Forester back from the shop to fix a mysterious source of moisture, I also happened to have a Honda CR-V Hybrid taking up temporary residence in my driveway. Two front cupholders on the center console, one in each front door, one in each rear door, and two in the center armrest that folds down in each rear row.

Japanese carmaker projects 2020 profit to decline by 80% Continue reading...

The 2021 Acura TLX will revive the sporty Type S model after a 10-year moratorium, and this time around, it's getting a turbocharged V6, further setting it apart from other sedans in the Honda corporate family. Acura says the new TLX will draw heavily upon the styling shown on two of its recent concepts: the Precision, which was shown in 2016, and the Type S, which was shown last year. The evolution of the styling is obvious even from Acura's darkened teaser image, which depicts a slightly more curvaceous take on 2019's Type S while retaining most of the same key design elements, including the quad-outlet exhaust and pronounced underbody diffuser.

With more recent vehicles, electronic digital odometers won't display unless you power up the main ECU— theoretically possible in a junkyard, but a real hassle. The most likely old cars to rack up interstellar mileage (Mercedes-Benz diesels) are also among the first to have their instrument clusters harvested by boneyard-prowling eBay sellers. Fortunately, Honda began installing six-digit odometers around 1981, and so today's Junkyard Gem (found last winter in a Denver car graveyard) can share its very impressive final odo reading with us.

The revived 2021 Toyota Venza is merely the latest in a steady flow of newcomers to the growing midsize crossover segment. Toyota’s entry into this crowded — but somewhat narrowly defined — midsize two-row class comes out of left field, for better or worse. In addition to the Chevy Blazer and the Honda Passport — both of which were new for 2019 — the new Toyota’s primary competition will include the Ford Edge, Hyundai Santa Fe and Nissan Murano.

As Americans plan for life after pandemic lockdowns, many want to avoid public transport and use a car instead, straining already underfunded transit systems and risking an increase in road congestion and pollution. Similar dynamics have played out in China, where transit ridership in large cities remains down about 35% two months after lockdown restrictions were lifted while car purchases increase. Ford Motor Co Chief Operating Officer Jim Farley said the company has seen an uptick in Chinese demand for higher-priced utility vehicles fueled by upscale office workers who used to take public transport.

Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases. Mexican officials in mid-May said the automotive industry could exit the coronavirus lockdown before June 1 if approved safety measures were in place. Toyota Motor Corp and Nissan Motor Co Ltd told Reuters on Monday that they were preparing to gradually resume operations, and Honda Motor Co Ltd last Friday said it had begun a gradual return to operations.

Last year, we learned that Honda would be wrapping up production of the Honda Civic hatchback in the U.K. in 2021, and production would move to North America for the next generation. The hatch has a gentler descent to the stubby deck, and it loses the split rear window. If it means we're finally getting the newer, better infotainment from Honda like that in the Accord, it will be worth it.