NEW YORK – Those who follow the triumphs and travails of American Honda Motor Co. Inc.’s Acura premium division are used to hearing officials claim the brand will achieve Tier-1 status any day. Despite being the first Japanese premium brand to market in the U.S. in 1986, Acura has yet to achieve par with German heavy hitters such as BMW AG and Porsche AG. Nor does it measure up to General Motors Corp.’s Cadillac line when it comes to possessing an aura that says “luxury brand.” “I ...

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