Automotive News reports Honda is currently limiting shipments of models like the Fit, CR-Z and Insight due to Japan's strong yen. The automaker admits it is currently losing money on every Japanese-built model it sells in the U.S. with the exchange rate currently at 80 yen per dollar. Honda is currently working to move more production to North America and source more components from this side of the Pacific, though such a shift will take time. In the interim, the manufacturer is carefully alloca
2012 Honda Fit
Honda took a Mugen-powered Jazz (better known as the the Fit here in the U.S.), sent it to Italy to be engineered for rallying by JAS of Milan, then flew it to Australia to be prepared for Oz's 2012 rally series. Honda's been competing in the series with Civic Type R racers for the last two years, but this year, it decided to press the Fit into service for G2 class spec.
Looking for the best value in a new car? Better make it Japanese, according to Consumer Reports. The go-to buyer's guide has just finished compiling its list of the best values in the new-car market, and an overwhelming proportion of them hail from the Land of the Rising Sun.
The very first production car from China has made it to North America, though it's not what you might think. In an effort to move more of its production out of Japan, Honda has begun manufacturing Fit models in the People's Republic and importing them to Canada. There's no indication that the vehicles will make their way to the U.S. in the future, however. While there are plenty of automakers who operate plants in China, only a fraction of the vehicles built there are made for export. Last year,
The trusty Honda Fit hatchback was far and away the segment leader when the second-generation car arrived in late 2008. But since then, the B-segment has been a huge point of attention for many automakers, and as such, Honda's all-star now has some pretty serious competition from the likes of the Ford Fiesta, Hyundai Accent, Nissan Versa and Mazda2, not to mention soon-to-be-released newcomers like the Chevrolet Sonic, Toyota Yaris and Kia Rio.