In October 1946, Soichiro Honda established the Honda Technical Research Institute in Hamamatsu, Japan, to develop and produce small 2-cycle motorbike engines. Two years later, Honda Motor Company, Ltd. was born, and in 1959 Honda opened its first storefront in Los Angeles with six industrious employees.

 

Following the announcement that President Obama signed the newly enacted Consumer Assistance to Recycle and Save (CARS) program, three Acura luxury vehicle models are expected to qualify for government credit vouchers under the stimulus program. The CARS program, also known as "Cash for Clunkers," is a government subsidy that encourages drivers to purchase a new, more fuel-efficient vehicle to replace an older, less fuel-efficient vehicle.