Upon choosing microphones for automotive hands-free communication or Automatic Speech Recognition (ASR) applications, OEMs typically specify wideband, super wideband or even fullband requirements following established standard recommendations (e.g., ITU-P.1110, ITU-P.1120). In practice, it is often challenging to achieve the preferred bandwidth for an automotive microphone when considering limitations and constraints on microphone placement inside the cabin, and the automotive grade environmental robustness requirements. On the other hand, there seems to be no consensus or sufficient data on the effect of each microphone characteristic on the actual performance. As an attempt to answer this question, we used noise signals recorded in real vehicles and under various driving conditions to experimentally study the relationship between the microphones' characteristics and the final audio quality of speech communication and performance of ASR engines. We focus on how variations in microphone bandwidth and amplitude frequency response shapes affect the perceptual speech quality. The speech quality results are compared by using ETSI TS 103 281 metrics (S-MOS, N-MOS, G-MOS) and ancillary metrics such as SNR. The ASR results are evaluated with standard metrics such as Word Error Rate (WER). Findings from this study provide knowledge in the understanding of what microphone frequency response characteristics are more relevant for audio quality and choice of proper microphone specifications, particularly for automotive applications.