They're not the sexiest of vehicles, but minivans sure are convenient to the parents of small children, or large families. However, with the explosion of SUV sales in recent years, minivans have taken a hit. Not enough of a hit to discontinue production, though, because automakers love minivans and definitely find them worthwhile. Like pickup trucks, minivans offer automakers generous profit margins. Base models are generally pretty, well, base. Buyers like to load them up with optional features like rear-seat entertainment systems, rear-view cameras and heated mirrors, features that busy parents appreciate. Honda's minivan even offers a built-in vacuum. All of these convenient add-ons provide an exceptional level of padding to the automaker's profits, taking a frumpy base mommy-mobile into the price territory of a luxury vehicle. A Honda Odyssey or Toyota Sienna can easily surpass $50,000.
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A 2003 Honda Accord is the latest vehicle known to have passed the million-miles-driven milestone. The 3.0L V6 engine it currently runs on is the original one in the car when it was bought new 20 years ago.
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Honda is recalling 500,000 vehicles to fix a problem with seat belts that could wear out over time. In Canada, just over 51,000 models are affected.
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According to Honda boss Toshihiro Mibe, the combustion engine will still be around in 2040, and probably beyond. And the reason is fairly simple: the CEO believes that the charging infrastructure will not be sufficiently developed for customers in all regions of the world by then.
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