Honda Profit Skids

Honda revealed a 38% fall in profit to ¥44.55 billion ($536 million) or ¥24.72 per share (30 cents per share) in the fourth quarter of the fiscal year ended March 31, 2011 from ¥72.18 billion or ¥39.78 per share in the same quarter of prior fiscal year.

The decline in profit was attributable to unfavorable currency translation effects, higher selling, general and administrative (SG&A) expenses and the tsunami and earthquake in Japan. These more than offset the positive impact from cost reduction measures, lower R&D expenses, increase in sales volume (except in the Automobile segment) and model mix, and operating income related to licensing agreements.

Consolidated net sales and other operating revenues slid 3% to ¥2.21 trillion ($26.62 billion) on the back of same factors outlined above, despite increased revenues in the motorcycle business and revenues related to licensing agreements. However, at constant exchange rates, revenues increased 3.3%. Consolidated operating profit plummeted 52% to ¥46.21 billion ($556 million) from ¥96.10 billion due to the same factors affecting the net income.

Segment Performance

Sales in the Automobile segment slipped 1.6% to 860,000 units. In Japan, sales decreased 22% to 142,000 units. However, outside of Japan, sales increased 4% to 718,000 units as higher sales in North America offset the lower sales in other countries.

Revenues from external customers in the segment dipped 4% to ¥1.65 trillion due to unfavorable currency translations. The segment had an operating loss of ¥39.18 billion compared with an operating profit of $24.00 billion a year ago.

Sales in the Motorcycle segment appreciated 13% to 2.93 million units, driven primarily by sales in Asia and Other regions including South America. In Japan, sales declined by 7,000 units to 52,000 units. Outside of Japan, sales rose 13% to 2.88 million units. Revenues from external customers inched up 5% to ¥353.11 billion. Operating income almost shot up 72% to ¥48.13 billion from ¥28.02 billion in the prior year.

Revenues from Financial Services segment went down 7% to ¥134.55 billion. Operating income fell 16% to ¥39.61 billion from ¥47.22 billion a year ago due to unfavorable foreign currency translation effects, despite the decreased allowance for losses on credit and lease residual values.

Honda Power Product and Other segment sales rose 7% to 1.75 million units due to an increase in unit sales in all the regions. In Japan, sales rose marginally by 2,000 units to 104,000 units. Outside of Japan, sales increased 7% to 1.64 million units.

Revenues from sales to external customers in the segment inched up 2% to ¥80.06 billion due to higher sales volume, offset partially by unfavorable currency translation effects. The segment reported a narrower operating loss of ¥2.36 billion in the quarter compared with the year-ago level of ¥3.14 billion due to cost reduction measures, higher sales volume and favorable product mix, despite higher SG&A expenses.

Annual Results

Honda’s profit nearly doubled to ¥534.09 billion ($6.42 billion) or ¥295.67 per share ($3.56 per share) for the fiscal year ended March 31, 2011 from ¥268.40 billion or ¥147.91 per share in the previous fiscal.

Consolidated revenues increased 4% to ¥8.94 trillion ($107.48 billion) due to higher revenues in the automobile business and the motorcycle business, despite the unfavorable currency translation effects. At the same exchange rate as that of the previous fiscal, revenues increased by 8.7%.

Consolidated operating income surged 57% to ¥569.78 billion (¥6.85 billion) from ¥363.78 billion in the prior fiscal year due to increased sales volume and model mix, decrease in fixed costs as volume of production increase and continuing cost reduction measures, despite increased SG&A expenses and R&D expenses, the unfavorable foreign currency effects, and the impact of the earthquake.

Financial Position

Consolidated cash and cash equivalents was ¥1.28 trillion as of March 31, 2011, a decline from ¥1.12 trillion in the corresponding period a year ago. Long-term debt amounted to ¥3.01 trillion as of the above date, translating into a long-term debt-to-capitalization ratio of 40%, almost flat compared with 41% a year ago.

In the fiscal year, cash flow from operations fell to ¥1.07 billion from ¥1.54 trillion in the fiscal year 2011, despite an improvement in income. Some of the factors that led to the decline in cash flow were a fall in equity in income of affiliates, a decrease in dividends from affiliates, a decline in trade accounts and notes payable and a rise in inventories. Meanwhile, capital expenditures reduced to ¥318.54 billion from ¥392.06 billion in the comparable period of 2010.

2012 Honda Civic Commercial: Date With A Woodsman

2012 Honda Civic Commercial: Ninja

2012 Honda Civic Commercial: To Each Their Own

NEWS REPORT: Honda's Ohio Production Slows, Effects Seen

The March 11 earthquake in Japan might as well have occurred next door to the cluster of auto-assembly plants and suppliers northwest of Columbus.

In this landscape of small towns and cornfields, Honda is the largest employer, and Honda is hurting. Starting late last month, the company cut back to half-shifts because of an interruption of parts shipments from Japan.

For now, the Tokyo-based automaker is giving workers the option to get paid for full shifts by doing extra training or cleaning in the afternoons. Workers and community leaders wonder how long this can last before the crisis overseas begins to put a dent in paychecks here.

"They're being so generous, it's unreal," said Randy Jackson of Marysville, who retired from Honda two years ago. "How many companies would pay (auto workers) to push a broom?"

Honda leaders are proud that they have never had a layoff, and they don't expect to start now.

But most of the company's suppliers, the hundreds of companies that provide parts and services, do not have that luxury. Last week, Newman Technology in Mansfield laid off 130 of its 700 workers, citing the slowdown in orders for exhaust systems from Honda. Others will almost certainly follow.

"If Honda is making half of the cars they were, then the parts suppliers will make half the parts they were," said Peter T. Ward, a professor of management at Ohio State University and a consultant to auto companies. In other words, Honda will not stockpile locally made parts, so the cuts in production will be felt far and wide.

Honda employs about 13,400 people in Ohio, the company says, and auto-parts suppliers employ about 56,000 people serving various automakers, according to the Bureau of Labor Statistics.

When the earthquake occurred, Honda had enough parts to continue normal production in Ohio until March 30, when the partial shifts began. The company has said the half-days will continue through May 6 and likely longer.

"The past six weeks have been tremendously difficult, and frankly, a heart-rending time for Honda and everyone in our industry," said John Mendel, Honda's top sales executive in North America, speaking last week at the New York International Auto Show.

There is no precedent for this. Other supply interruptions, such as those due to labor unrest in U.S. ports, were finished well before North American plants ran out of supplies.

Other Japan-based automakers are sharing the pain. For example, Toyota has cut shifts at its U.S. plants and has said that work might be disrupted until November or December. U.S.-based automakers also have had to make adjustments because they use parts made in Japan.

Deep connections

When Jackson, the Honda retiree, heard about the earthquake, he thought of the people he met on his three trips to the country for work. On a 1995 trip to Kumamoto, he walked to the local fire station to see how Japanese fire departments compared to his volunteer fire department in Ohio.

He met the local fire captain and the two struck up a friendship, despite the fact that neither spoke the other's language. He ate dinners with the captain's family, and came to feel like part of the family. At the end of the monthlong trip, his newfound friends insisted on driving him to the airport.

"At the airport, we both stood there and bawled," he said. "We didn't want to leave each other. I couldn't believe his generosity."

Kumamoto, where Honda has a motorcycle factory, is in a part of the country not hit hard by the earthquake.

Many Honda employees have stories like this, about visits to Japan or experiences with Japanese workers who came to Ohio.

Roughly 70 Ohio employees were in Japan when the earthquake hit; none was injured. Because of these deep connections, and the implications for Honda in North America, the disaster is much more than just a news event.

Most Honda employees in Ohio work in a sprawling campus that straddles the Union-Logan county line, including two assembly plants, a research and development center and the North American headquarters. Up the road in Russells Point in Logan County, the company builds transmissions. Farther west, in Anna in Shelby County, is an engine plant.

Honda is one of the state's top 10 private employers and largest automaker.

Workers are down to half-shifts of manufacturing, but you wouldn't know it from looking at the employee parking lot. On a recent afternoon at the Marysville plant, the lot had thousands of cars. Most of the workers were inside doing optional tasks so that they could take home a full day's pay.

According to Jackson, most daytime workers are taking Friday afternoons off. Only a few are going home after production ends each day before lunch. Those who leave are unpaid unless they take vacation time.

He remembers what it was like during those days when staying at the plant meant taking training or cleaning.

"I always hated it because it got so darn boring," he said.

Workers paint, sweep or find other ways to fill the time. This is different from how it might go with U.S.-based automakers that are more likely to issue layoff notices than sacrifice short-term earnings.

The reluctance to consider layoffs "is unusual, but it is deeply ingrained in the way Honda does business," said Ward, the OSU professor.

But there will be negative ramifications for the company, and for other automakers with similar cultures, such as Toyota. "Honda stockholders are going to feel the pain a bit," he said. The company will try make up for short-term losses with long-term gains because of high worker retention and positive morale, he said.

"We are trying to use the down time to strengthen our team," said Caroline Ramsey, Honda's manager of government and community relations in Ohio.

She is looking ahead to a time when the parts supply is restored and the company is so busy with production that there won't be time for training or cleaning. She doesn't know when that might be, but she hopes it's soon.

Cautious waiting

In the cities near Honda plants, such as Marysville and Bellefontaine, almost everyone can point to a friend, neighbor or relative who works for Honda. Local governments and public schools are concerned about the lower level of production because of the potential drop in tax receipts.

Perhaps no community feels this as keenly as Marysville, which has the largest Honda presence and also has started design on two multimillion-dollar building projects for the municipal court and police and fire departments.

The city also is searching for a new administrator, and City Council President Nevin Taylor said that person will need to be ready for the possibility that city income-tax revenue will drop because of cuts at Honda.

"We are worried about the dollar here in the city, sure, but those worries are nothing compared to the people who are worried about the dollars at home," he said.

John Gore, the city's newly appointed mayor, wants to be ready for any setbacks, but he also wants citizens to remain calm. After all, Honda employees are still working close to full-time hours.

"It's almost like a wait and see," he said. "We know it could be an issue."

The larger concern is what might happen if the parts supply is disrupted for several more months. Honda officials say the situation is changing by the day, and they have not made public statements about long-term plans. Outside observers can do little more than speculate and wait.

PR: Goodbye Honda Element

The Element was unlike any other Honda ever produced. After nine years with a vehicle known for its multi-functional cargo area, innovative and versatile seating, durable and dirt-friendly interior and a popular 2006 ad campaign, production of the Element concluded on Monday at Honda's East Liberty Auto Plant in Ohio. But the Element's legacy is evident on the road and in Honda's flexible manufacturing capabilities. 

Launched during the 2003 model year, the Element created its own functional class and became a favorite for small businesses, outdoor enthusiasts and pet owners. But as utility-seeking customers have moved on to other vehicles in the Honda lineup -- such as the CR-V -- the Element's time has come to an end. 

"The Element proved that ultimate functionality can often come from thinking inside the box," said John Mendel, executive vice president of American Honda. "It made boxy vehicle designs cool, and Element owners continue to enjoy its unique styling and unmatched versatility." 

The Element was also the subject of a very popular ad campaign. The "Element and Friends" campaign featured conversations between the Element and various animal friends. But one friend stood out from the rest due to his addiction to pinching. 

Through an innovative and viral campaign launched by Honda's Interactive Marketing Department, the insistent pincher Gil the Crab became an instant celebrity with more than 100,000 friends on MySpace.com (remember that site?) and his face appearing on a variety of clothing items. 

Canine-lovers took note of the Element when a special "dog-friendly" version went on sale in 2009. The pet accommodation system, which was designed to improve safety, comfort and convenience for dogs and their owners alike, featured a cushioned pet bed, ventilation fan, all-season rubber floor mats with a toy bone pattern, a spill-resistant water bowl, ramp and more for customers' four-legged friends. 

The Element also had a profound affect on Honda's manufacturing operations at the East Liberty Auto Plant (ELP), where the Element was produced. The Element, which went into production in 2002 at ELP, brought a host of firsts to Honda's manufacturing operations at Honda of America Mfg. (HAM). 

Before the Element, HAM had produced a variety of passenger cars for Honda customers. ELP itself was the primary manufacturing site for the Civic over the years, and also produced the Honda Accord and Acura CL before the Element changed the plant's characteristics. 

As the first light truck model ever produced at HAM, the Element brought challenges to ELP. It was approximately nine inches taller than the Civic, and modifications were made at the plant to handle the Element's additional weight and larger body and door panels. 

The changes brought with them a new term - flexibility, a mainstay for Honda facilities in the years to come. It meant that the facility could build a wider variety of vehicles. In fact, ELP's flexibility in building the Element was key to the introduction of the CR-V and Accord Crosstour. 

The idea of building a light truck on the same line as a passenger car was completely new to Honda plants in North America as more customers were seeking a greater variety of light truck SUV and crossover vehicles. Today plants in Marysville, East Liberty, Alabama, Canada and Mexico combine production or can flex between cars and light trucks. 

The 2003 Element went on sale in December 2002 and the associates at ELP went on to build more than 350,000 of the unique model before the last one rolled off the line in East Liberty, Ohio on Monday, April 18. 

2012 Honda Civic (Canadian-spec)

FULL COVERAGE: 2012 Honda Civic

From detailed specs of each trim level to pictures of every Civic model to information and PRs on the new model to Canadian prices and trims, we have wall-to-wall coverage of the new 2012 Honda Civic, just click http://hondavehicles.blogspot.com/search/label/Honda%20Civic for all the information you need to know about the Civic!

AutoGuide Drives the 2012 Honda Civic Si Coupe: VIDEO

MotorTrend Drives the 2012 Honda Civic: VIDEO

2012 Honda Civic Commercial

2012 Honda Civic @ 2011 New York Auto Show

In case you can't drop by the 2011 New York Auto Show, here are a few 2012 Honda Civic pics for you!

2012 Honda Civic Debut VIDEO

2012 Honda Civic U.S./Canada

Read and glaze over the the U.S. 2012 Honda Civic brochure @ http://automobiles.honda.com/images/2012/civic-sedan/downloads/2012-civic-online-brochure.pdf

Canadian 2012 Honda Civic info can be found at http://honda.ca/civic_coupe and http://honda.ca/civic_sedan with the Civic LX Coupe starting at $17 990 and the Civic DX Sedan starting at $14 990.

2012 Honda Civic Si Models

The two models are due in May 2011. For more information, visit @ http://automobiles.honda.com/civic-si-coupe/ & http://automobiles.honda.com/civic-si-sedan/ .

2012 Honda Civic Si Coupe (U.S.-spec)

The Civic Si Coupe will be available in May 2011 along with the Si Sedan.

Si Manual @ $22 205, Si w/ Summer Tires Manual @ $22 405, Si w/ NAVI Manual @ $23 705.

• 201-hp, 2.4-liter DOHC i-VTEC 4-cylinder engine
• Close-ratio 6-speed manual transmission
• Helical limited-slip differential
• EPA-estimated fuel economy (city/highway/combined): 22/31/25 mpg
• 17-inch alloy wheels
• Body-colored decklid spoiler
• Chrome exhaust finisher
• Fog lights
• Bluetooth HandsFreeLink
• Leather-wrapped steering wheel
• Aluminum shift knob with leather
• Textured aluminum pedals
• Deep-bolstered sport seats with red stitching
• 360-watt AM/FM/CD premium audio system with 7 speakers, including subwoofer
• Power monitor screen
• Tachometer with sequential rev-limit indicator
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio and FM Traffic

2012 Honda Civic EX-L Coupe (U.S.-spec)

The EX-L Coupe adds a leather trimmed interior to the EX Coupe, however the only catch is that it is only available with an automatic transmission.

EX-L Automatic @ $21 955, EX-L w/ NAVI Automatic @ $23 455.

• Standard 5-speed automatic transmission
• Heated side mirrors
• Multi-reflector halogen headlights with auto-on/off
• Leather-wrapped steering wheel
• Leather-trimmed seats
• Heated front seats

2012 Honda Civic EX Coupe (U.S.-spec)

Here's a look at some of the additional features gained when you move up from the LX Coupe to the EX Coupe. The manual transmission is available on the EX Coupe, unlike the EX Sedan.

EX Manual @ $19 705, EX Automatic @ $20 505, EX w/ NAVI Automatic @ $22 005.

• 4-wheel disc brakes
• 16-inch alloy wheels
• One-touch power moonroof with tilt feature
• Variable intermittent windshield wipers
• Bluetooth HandsFreeLink
• Passenger-side seatback pocket
• Rear-seat armrest with beverage holders
• 12-volt power outlet (front and center console)
• 60/40 split fold-down rear seatback
• 360-watt AM/FM/CD premium audio system with 7 speakers, including subwoofer
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio and FM Traffic

2012 Honda Civic LX Coupe (U.S.-spec)

Here is a look at some of the additional options the LX Coupe gains from the DX Coupe.

LX Manual @ $17 655, LX Automatic @ $18 455.

• Security system with remote entry and trunk release
• Body-colored power side mirrors
• Intelligent Multi-Information Display (i-MID)
• Air conditioning with air filtration system
• Power windows with auto-up/down driver’s window
• Power door locks with auto-lock feature
• Illuminated driver’s window and door lock controls
• Cruise control
• Illuminated steering wheel-mounted controls
• Map lights
• 160-watt AM/FM/CD audio system with 6 speakers
• USB Audio Interface
• MP3/auxiliary input jack
• MP3/Windows Media Audio (WMA) playback capability
• Radio Data System (RDS)
• Speed-Sensitive Volume Control (SVC)

2012 Honda Civic DX Coupe (U.S.-spec)

The DX Coupe returns for 2012, here's a look at some of the features Honda has put in the model as well as a look at the pricing.

DX Manual @ $15 605, DX Automatic @ $16 405.

• 140-hp, 1.8-liter i-VTEC 4-cylinder engine
• 5-speed manual or 5-speed automatic transmission (available)
• ULEV-2/PZEV7 CARB emissions rating
• EPA-estimated fuel economy (city/highway/combined): 5MT: 28/36/31 mpg; 5AT: 28/39/32 mpg
• Eco Assist system
• 15-inch wheels with full covers
• Six airbags
• Advanced Compatibility Engineering body structure
• ABS with Electronic Brake Distribution (EBD)
• Tire Pressure Monitoring System (TPMS)
• Daytime Running Lights (DRL)
• Multi-reflector halogen headlights with auto-off
• Power windows
• Tilt and telescopic steering column
• Center console with armrest and storage compartment
• 12-volt power outlet (front)
• Driver’s seat with manual height adjustment
• Maintenance Minder system

The DX Coupe also does not offer radio or air conditioning akin to the DX Sedan and you must step up to the LX Coupe to receive these features.

2012 Honda Civic Si Sedan (U.S.-spec)

Honda's Civic Si Sedan model returns for 2012, here are a look at some feature highlights.

Si Manual @ $22 405, Si w/ Summer Tires Manual @ $22 605, Si w/ NAVI Manual @ $23 905.

• 201-hp, 2.4-liter DOHC i-VTEC 4-cylinder engine
• Close-ratio 6-speed manual transmission
• Helical limited-slip differential
• EPA-estimated fuel economy (city/highway/combined): 22/31/25 mpg
• 17-inch alloy wheels
• Body-colored decklid spoiler
• Chrome exhaust finisher
• Fog lights
• Bluetooth HandsFreeLink
• Leather-wrapped steering wheel
• Aluminum shift knob with leather
• Textured aluminum pedals
• Deep-bolstered sport seats with red stitching
• 360-watt AM/FM/CD premium audio system with 7 speakers, including subwoofer
• Power monitor screen
• Tachometer with sequential rev-limit indicator
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio and FM Traffic

2012 Honda Civic HF Sedan (U.S.-spec) and 2012 Honda Civic Natural Gas Sedan (U.S.-spec)

2012 Honda Civic HF Sedan

2012 Honda Civic Natural Gas

Honda's 2012 Civic HF Sedan will be introduced later in May and the Natural Gas version will debut in early summer. The HF Sedan will only be available in two colors, white and silver. You may have also noticed that the NG version of the 2012 Civic is no longer called the GX, except simply to be named the Natural Gas version of the Civic.

HF Automatic @ $19 455. NG Automatic @ TBA.

HF Highlights:

• 140-hp, 1.8-liter i-VTEC 4-cylinder engine
• 5-speed automatic transmission
• ULEV-2/PZEV7
 CARB emissions rating
• EPA-estimated fuel economy (city/highway/combined): 29/41/33 mpg
• Eco Assist system
• 15-inch lightweight alloy wheels
• Low-rolling resistant tires
• Six airbags
• Advanced Compatibility Engineering body structure
• Vehicle Stability Assist (VSA) with traction control
• Security system with remote entry and trunk release
• Rear decklid spoiler
• Intelligent Multi-Information Display (i-MID)
• Air conditioning with air filtration system
• Illuminated steering wheel-mounted controls
• Tilt and telescopic steering column
• Center console with armrest and storage compartment
• 160-watt AM/FM/CD audio system with 4 speakers
• USB Audio Interface
• MP3/auxiliary input jack
• MP3/Windows Media Audio (WMA) playback capability

NG Highlights:

• 110-hp, 1.8-liter i-VTEC 4-cylinder engine
• 5-speed automatic transmission
• AT- PZ E V2 CARB emissions rating
• Eco Assist system
• 15-inch lightweight alloy wheels
• Six airbags
• Advanced Compatibility Engineering body structure
• Vehicle Stability Assist (VSA) with traction control
• Security system with remote entry and trunk release
• Intelligent Multi-Information Display (i-MID)
• Bluetooth HandsFreeLink
• Cruise control
• Illuminated steering wheel-mounted controls
• 160-watt AM/FM/CD audio system with 4 speakers
• USB Audio Interface
• Exterior temperature indicator
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio, FM Traffic and CNG refueling station mapping

2012 Honda Civic Hybrid Sedan (U.S.-spec)

This year's 2012 Honda Civic Hybrid comes with a few more options compared to the 2011 model. A CVT is standard while a leather interior is optional and NAVI is also offered as optional equipment, here's some feature equipment on the car.

Hybrid CVT @ $24 050, Hybrid w/ Leather CVT @ $25 250, Hybrid w/ NAVI CVT @ $25 550, Hybrid w/ Leather and NAVI CVT @ $26 750.

•  1.5-liter i-VTEC 4-cylinder engine with Integrated Motor Assist IMA and permanent-magnet electric motor
•  Continuously variable transmission (CVT)
• ULEV-2 /AT-PZEV2  emissions rating
• EPA-estimated fuel economy (city/highway/combined): 44/44/44  mpg
• Eco Assist system
• Lithium-ion battery
• 15-inch lightweight alloy wheels
• Power side mirrors with integrated turn indicators
• Automatic climate control
• Bluetooth HandsFreeLink
• Eco guide/eco score screen
• Energy flow indicator
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio and FM Traffic
• Available leather-trimmed seats, leather-wrapped steering wheel, heated front seats and heated side mirrors

2012 Honda Civic EX-L Sedan (U.S.-spec)

Finally, here's a look at the additional features you gain by moving from the EX trim to the EX-L trim where the NAVI is standard equipment.

EX-L w/ NAVI Automatic @ $24 205.

• Heated side mirrors
• Multi-reflector halogen headlights
with auto-on/off
• Leather-wrapped steering wheel
• Leather-trimmed seats
• Heated front seats

2012 Honda Civic EX Sedan (U.S.-spec)

Here are some additional features you receive on the EX Sedan when compared to the LX Sedan.

EX Automatic @ $20 505, EX w/ NAVI Automatic @ $22 005.

• Standard 5-speed automatic transmission
• 4-wheel disc brakes
• 16-inch alloy wheels
• One-touch power moonroof with tilt feature
• Variable intermittent windshield wipers
•  Bluetooth HandsFreeLink
•  Passenger-side seatback pocket
• Rear-seat armrest with beverage holders
• 12-volt power outlet (front and center console)
• 60/40 split fold-down rear seatback
•  160-watt AM/FM/CD audio system with 6 speakers
• Exterior temperature indicator
• Available Honda Satellite-Linked Navigation System with Voice Recognition, XM Radio and FM Traffic

Keep in mind that the manual transmission is ONLY available on DX and LX models and is unavailable on the EX and EX-L sedans.

2012 Honda Civic LX Sedan (U.S.-spec)

Here are a look at some of the features you gain by moving up to the LX trim level compared to the DX.

LX Manual @ $17 855, LX Automatic @ 18 655.

• Security system with remote entry and trunk release
• Body-colored power side mirrors
• Intelligent Multi-Information Display (i-MID)
• Air conditioning with air filtration system
• Power windows with auto-up/down driver’s window
• Power door locks with auto-lock feature
• Illuminated driver’s window and door lock controls
• Cruise control
• Illuminated steering wheel-mounted controls
• Map lights
• 160-watt AM/FM/CD audio system with 4 speakers
• USB Audio Interface
• MP3/auxiliary input jack
• MP3/Windows Media Audio (WMA) playback capability
• Radio Data System (RDS)
• Speed-Sensitive Volume Control (SVC)

2012 Honda Civic DX Sedan (U.S.-spec)

Here's a look at some of the important features to grace the Civic's most entry-level spec.

DX Manual @ $15 805, DX Automatic @ $16 605.

• 140-hp, 1.8-liter i-VTEC® 4-cylinder engine
• 5-speed manual or 5-speed automatic transmission (available)
• ULEV-2/PZEV7  CARB emissions rating
• EPA-estimated fuel economy (city/highway/combined): 5MT: 28/36/31 mpg; 5AT: 28/39/32 mpg
• Eco Assist system
• 15-inch wheels with full covers
• Six airbags
• Advanced Compatibility Engineering body structure
• Vehicle Stability Assist (VSA) with traction control
• ABS with Electronic Brake Distribution (EBD)
• Tire Pressure Monitoring System (TPMS)
• Daytime Running Lights (DRL)
• Multi-reflector halogen headlights with auto-off
• Power windows
• Tilt and telescopic steering column
• Center console with armrest and storage compartment
• 12-volt power outlet (front)
• Driver’s seat with manual height adjustment
• Maintenance Minder System

Keep in mind that the base DX does NOT come with a radio nor air conditioning and a step-up to the LX is a must if you want the two features.

2012 Honda Civic Canadian Pricing

Canadian 2012 Honda Civic Pricing

MODELS	Suggested Retail Price (excl. taxes)
CIVIC 4D DX 5MT	$14,990
CIVIC 4D LX 5MT	$17,490
CIVIC 4D LX 5 AT	$18,690
CIVIC 4D EX 5MT	$19,490
CIVIC 4D EX 5 AT	$20,690
CIVIC 4D EXL 5AT	$24,390
CIVIC 4D SI 6MT	$25,990
CIVIC 2D LX 5MT	$17,990
CIVIC 2D LX 5 AT	$19,190
CIVIC 2D EX 5MT	$19,990
CIVIC 2D EX 5AT	$21,190
CIVIC 2D EX-L5AT	$24,890
CIVIC 2D SI 6MT	$25,990