Auto News for July 31

Amazon’s streaming service has landed Jeremy Clarkson, James May and Richard Hammond for a new show that will be broadcast next year. The trio has been in limbo for a while after the BBC dropped Clarkson after he punched a producer after a taping session. May and Hammond both left the Beeb. Amazon said taping of the new show, that has yet to be named, will begin in the near future. The BBC will continue production of “Top Gear” with a radio personality, Chris Evans.

Quarterly net profit rose 20 percent at Honda helped by strong demand for its vehicles here in the U.S. that offset the cost of recalls tied to faulty Takata airbag inflators.

If you follow the monthly auto sales reports, you know that Subaru has enjoyed record demand for its cars here in the states. So it was no surprise when the automaker reported a 50 percent increase in operating profit in its third quarter. Japan’s weak yen benefited both Honda and Suby.

Lotus has confirmed that it will build an SUV that will, initially, be sold only in China. Don’t look for it before 2019. Aimed right at the Porsche Macan, Lotus said its offering will be lighter and faster. It is fair to speculate that if it sells well in China, distribution might be expanded to Europe and the U.S. one day. (Maybe.)

 

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