This month's snapshot of industry news includes highlights from Honda, Mazda, Nissan, Subaru, and Toyota. We hope you find the information useful.
Automotive Industry Updates
Honda Shows Off Restored "Serial One" Car
Honda mechanic Tim Mings spent six months painstakingly restoring the very first Honda automobile in America, the N600 with Vehicle Identification Number (VIN) 1000001, called "Serial One". Watch the video series and see the final reveal.
Subaru Halts Sales of Crosstrek Hybrid for 2017
Subaru announced it is discontinuing sales of the Subaru Crosstrek Hybrid for the 2017 model year to focus on a new hybrid model.
Toyota in Partner Discussions with Suzuki
Toyota's potential pairing with Suzuki may provide it better access to the rapidly growing auto market in India, where Suzuki is strong and Toyota is weak.
Nissan Buys Stake in Mitsubishi Motors
Nissan bought a 34 percent equity stake in Mitsubishi Motors, becoming its largest shareholder. Mitsubishi now becomes part of the global Alliance with Nissan and Renault, putting the Alliance in the world's top three automotive groups by global volumes, with sales of 10 million units in fiscal year 2016.
Mazda Quickly Sells Out Miata Launch Edition
Mazda announced that it has sold out of the 1,000-car allocation for the 2017 MX-5 Miata RF Launch Edition. In the first week of ordering, more than 500 loyal Mazda customers put down deposits to buy a Retractable Fastback MX-5 Miata. When sales opened to the general public, the remaining cars sold out in just 13 hours.
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