Honda news of the week
01-31-2011, 08:15 AM
#1
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Honda news of the week
Saw these Honda stories over the weekend, thought I'd share.
Ford beats Honda for the first time in the 14-yr history of the report in value:
http://www.strategicvision.com/press_release.php?pr=38
Nissan replaces Honda as the second largest Japanese automaker worldwide:
http://www.thedetroitbureau.com/2011/01/ni...ges-past-honda/
Ford beats Honda for the first time in the 14-yr history of the report in value:
http://www.strategicvision.com/press_release.php?pr=38
Nissan replaces Honda as the second largest Japanese automaker worldwide:
http://www.thedetroitbureau.com/2011/01/ni...ges-past-honda/
01-31-2011, 01:24 PM
#5
They've obviously not owned half those cars. "Value" (undefined) obviously doesn't take into consideration the number of times a vehicle hits the dealer service centers.
VW Routan for minivan? It's a Chrysler!
NO ONE in their sane mind would take one over an Odyssey or Sienna.
Let's sum it up this way: VW was the LEADER in "Total Value". You couldn't pay me to buy a VW right now. I love the STYLING of the VW/Audi vehicles but they are the least reliable vehicles in America today. That, in direct contradiction to this statement at the end of the press release:
This is not a survey or award based on hard data. It is based on consumer perception of their own vehicles. That's valid, it's just not exactly anything to hang your hat on. Lots of people think their car is the best thing ever. Very few actually drive the competition and very few can objectively compare their car to others, especially once they've purchased a vehicle. We have a natural instinct to "approve" our own decisions. That's why this survey (much like many JD Powers surveys) is a lot of baloney mixed in with a few hard facts.
VW Routan for minivan? It's a Chrysler!
NO ONE in their sane mind would take one over an Odyssey or Sienna.Let's sum it up this way: VW was the LEADER in "Total Value". You couldn't pay me to buy a VW right now. I love the STYLING of the VW/Audi vehicles but they are the least reliable vehicles in America today. That, in direct contradiction to this statement at the end of the press release:
The crux of this study is that as more parity exists among the long term “value” economic expectations (Fuel Economy, Reliability, Durability, Economical to Own and Resale Value), the more consumers will focus on short term economic factors, or “what will you provide for me today!”
This is not a survey or award based on hard data. It is based on consumer perception of their own vehicles. That's valid, it's just not exactly anything to hang your hat on. Lots of people think their car is the best thing ever. Very few actually drive the competition and very few can objectively compare their car to others, especially once they've purchased a vehicle. We have a natural instinct to "approve" our own decisions. That's why this survey (much like many JD Powers surveys) is a lot of baloney mixed in with a few hard facts.
01-31-2011, 02:43 PM
#7
Originally Posted by ruexp67,Jan 31 2011, 04:32 PM
See what happens when they discontinue the S2000. 
It's all about making cars people want to buy, but that didn't even apply to the S2000 near the end of its lifecycle.
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01-31-2011, 02:50 PM
#8
I only seen one logical solution to this problem:
1) s2000 replacement, direct competitor to the m3/ 5.0 mustang
2)turbo charge every car in the line up and change from fwd to awd or rwd
3)discontinue the fugly minivan and cr-(inster letter) line.
1) s2000 replacement, direct competitor to the m3/ 5.0 mustang
2)turbo charge every car in the line up and change from fwd to awd or rwd
3)discontinue the fugly minivan and cr-(inster letter) line.
01-31-2011, 02:54 PM
#9
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I was going to post but everybody already beat me to it...
thing is folks, besides the s2000 or nsx, has honda had a real history of making best for your buck sporty cars?
no.
thing is folks, besides the s2000 or nsx, has honda had a real history of making best for your buck sporty cars?
no.
01-31-2011, 03:35 PM
#10
That TVI study is debatable. VW is the leader on that list, yet its overall reliability ranking is near the bottom every year; so I don't know what value there is to be had.
The sales reports, however, are not debatable - just hard numbers. Honda had been the 2nd-largest Japanese automaker for the past decade, but is now unseated. However, the true testament is still the net profit. With that said, Honda's stock is now at the HIGHEST level it's ever been in its entire history! That's saying something. So, conclusively, Honda is not in as bad a shape as you guys seem to make it out to be.
The sales reports, however, are not debatable - just hard numbers. Honda had been the 2nd-largest Japanese automaker for the past decade, but is now unseated. However, the true testament is still the net profit. With that said, Honda's stock is now at the HIGHEST level it's ever been in its entire history! That's saying something. So, conclusively, Honda is not in as bad a shape as you guys seem to make it out to be.
Honda also raised its net-profit forecast for the full fiscal year, ending March 31, to ¥530 billion, up from ¥500 billion. If correct, it would mark a 97.5% rise in annual profit. However, it also cut its sales forecast to ¥8.9 trillion from ¥9.0 trillion previously.