Can Japan penetrate the exotic market?
#1
Thread Starter
Can Japan penetrate the exotic market?
For decades the world supercar market has been dominated by the Italians, the Germans, US-backed English companies and assorted micro-manufacturers. When Honda introduced the NSX, it was Japans first real foray into the world exotic car market. Aimed at the Porsche 911, the early NSX met or exceeded 911 performance figures at the time. But the NSX did not enjoy significant market penetration over the years, and Honda did little to keep up with the competition. After a few years, Porsche and Ferrari developed the 911 and the 3xx and 4xx cars to performance levels well beyond the NSX's. In the end, Corvettes were tuned to higher levels of performance and were far less expensive than the NSX. The NSX grew longer in the tooth until US dealers didn't even keep them on the showroom floor and only ordered them to meet specific customer orders. Finally the NSX was pulled from the line-up with no real successor ready to take its place.
Meanwhile, other Japanese manufacturers either stayed away from the exotic arena, or produced limited numbers of domestic vehicles that were not widely exported. It seemed Japan would be content to compete in every other market niche.
Yet now it appears the Japan is ready to enter the world wide supercar/exotic market with full force. The Honda ASCC will enter in the 100 to 150K price range. The Lexus GT-F may come in as high as 175K. Nissan's GTR will come in around 70K. In these price ranges, the Japanese manufacturers will be competing against Z06 Vettes, Porsches from the Caymans up to the 911 Turbos and GT2s, every Aston Martin, 4xx Ferraris, most AMG Mercedes, all the M series BMWs, etc.
Will the Japanese labels be able to penetrate the world wide super/exotic car market? Would you spend Cayman, M%, 911 Turbo or Ferrari F430 money on a Nissan, Acura or a Lexus? Discuss.
Meanwhile, other Japanese manufacturers either stayed away from the exotic arena, or produced limited numbers of domestic vehicles that were not widely exported. It seemed Japan would be content to compete in every other market niche.
Yet now it appears the Japan is ready to enter the world wide supercar/exotic market with full force. The Honda ASCC will enter in the 100 to 150K price range. The Lexus GT-F may come in as high as 175K. Nissan's GTR will come in around 70K. In these price ranges, the Japanese manufacturers will be competing against Z06 Vettes, Porsches from the Caymans up to the 911 Turbos and GT2s, every Aston Martin, 4xx Ferraris, most AMG Mercedes, all the M series BMWs, etc.
Will the Japanese labels be able to penetrate the world wide super/exotic car market? Would you spend Cayman, M%, 911 Turbo or Ferrari F430 money on a Nissan, Acura or a Lexus? Discuss.
#5
Thread Starter
Originally Posted by Defender,Feb 9 2007, 09:58 PM
Bill ... not much of a discussion .. I don't think it would happen any time soon ... JMHO.
#6
Thread Starter
Originally Posted by Bboy AJ,Feb 9 2007, 09:58 PM
I don't think a 911 is an exotic car at all.
#7
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Personally I dont think the JDM will be able to penetrate the exotic market sucessfully and over a long period of time. Those foreign machines have a certain "aura" about them. Or in other words, history. Its kind of a stay in your own sandbox type of thing. you make efficient affordable cars, and we'll make crazy expensive fast and possibly reliabe super cars. Also those with lots and lots of cash would rather be seen in a Euro supercar than a Japanese. It is almost as if Japanese Sports Cars are more juvenile than they're euro competition.
Case in point.
90,000 NSX
110,000 911 Turbo
Your brand new NSX might be close in performance but they're is soo much more history behind that Porshce name and brand that would make many with that dinero go for it.
So if it is possible, then it would take many many many many years to build some supercar/sports car history. My .02
Case in point.
90,000 NSX
110,000 911 Turbo
Your brand new NSX might be close in performance but they're is soo much more history behind that Porshce name and brand that would make many with that dinero go for it.
So if it is possible, then it would take many many many many years to build some supercar/sports car history. My .02
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#8
Thread Starter
Originally Posted by dombey,Feb 9 2007, 09:55 PM
I'd buy a Kia supercar if the build quality, looks, performance were up to the levels of the italian/german/american cars you mention at a lower price point.
#9
For decades the world supercar market has been dominated by the Italians, the Germans, US-backed English companies and assorted micro-manufacturers. When Honda introduced the NSX, it was Japans first real foray into the world exotic car market. Aimed at the Porsche 911, the early NSX met or exceeded 911 performance figures at the time. But the NSX did not enjoy significant market penetration over the years, and Honda did little to keep up with the competition. After a few years, Porsche and Ferrari developed the 911 and the 3xx and 4xx cars to performance levels well beyond the NSX's. In the end, Corvettes were tuned to higher levels of performance and were far less expensive than the NSX. The NSX grew longer in the tooth until US dealers didn't even keep them on the showroom floor and only ordered them to meet specific customer orders. Finally the NSX was pulled from the line-up with no real successor ready to take its place.
Yet now it appears the Japan is ready to enter the world wide supercar/exotic market with full force.
In these price ranges, the Japanese manufacturers will be competing against Z06 Vettes, Porsches from the Caymans up to the 911 Turbos and GT2s, every Aston Martin, 4xx Ferraris, most AMG Mercedes, all the M series BMWs, etc.
#10
I don't think a 911 is an exotic car at all.
While some P-cars can match the performance of a Ferrari (for instance), they just don't have the "intangibles" that a Ferrari has. I never considered a Porsche (except CGT) an exotic personally and it is not because P-car is lacking in performance.