Honda Delays New Models Until 2030 Amid Cost-Cutting Strategy, Report Reveals

Honda has reportedly decided to extend the lifecycles of several existing models—including the Odyssey, Accord, HR-V, Acura MDX, and Integra—until approximately 2030. The decision, aimed at saving money and buying time to deliver more efficient next-generation models, was revealed in a supplier memo cited by Automotive News.

Meanwhile, Volkswagen has stated that it won’t achieve the same profit margins from electric vehicles (EVs) as it does from gas-powered cars until its next-generation SSP architecture launches before the end of the decade, according to Auto News.

Shares of German automakers took a hit on Monday morning, with declines ranging from 2% to 3% following President Trump’s warning of potential tariff increases on European auto imports, rising from 15% to 25%, as reported by Reuters.

BMW has confirmed that the upcoming gas-powered and electric versions of the M3 will be priced similarly, as shared with Autocar.

Ford incurred a $100 million loss in December 2023 due to the cancellation of the F-150 Lightning electric pickup, according to Ford Authority, which cited the automaker’s first-quarter earnings report.

Spyker, the reborn Dutch automaker, released a YouTube video teasing the return of its C8 Preliator supercar. The vehicle will reportedly be powered by a V8 engine and will not feature any electrification.

A highly restored R34 Nissan Skyline GT-R, modified under Nismo’s selective Clubman Race Spec program, is expected to fetch up to $1 million at the upcoming Concorso d’Eleganza Villa d’Este auction, per Autoblog.

Weekend Racing Results

• NASCAR Craftsman Truck Series at Texas: Carson Hocevar won for Spire Motorsports.
• Formula E Berlin E-Prix: Mitch Evans won for Jaguar TCS Racing.
• NASCAR O’Reilly Auto Parts Series at Texas: Kyle Larson won for JR Motorsports.
• NASCAR Cup Series at Texas: Chase Elliott won for Hendrick Motorsports.
• Formula 1 Miami Grand Prix: Kimi Antonelli won for Mercedes.
• IMSA SportsCar Championship at Laguna Seca: Tijmen van der Helm and Laurin Heinrich won for JDC-Miller Porsche.

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