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Honda group is very conservative in spending. but this one time advantage.
when US demand was rising. Hyundai was making factories in China. now Hyundai will see its folly in EU and India let alone US. there is huge carrying cost of developing so many models.
https://www.reuters.com/article/us-h...-idUSKCN2233D1 SEOUL (Reuters) - As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. Hyundai (005380.KS) ramped up domestic production to as much as 98% of capacity by late March, not only as the Korean market was recovering from a bad February but also because it bet on demand for Tucson SUVs and other models from U.S. customers, its biggest overseas market outside of China.
Consignments of cars shipped from South Korea are now sitting in U.S. ports, with dealers slow to take deliveries because of slumping sales and rising inventory, four people with knowledge of the matter told Reuters.
Hyundai runs a factory in Alabama - which is closed until May 1 - but imports are key to meet U.S. demand. Only about half of its vehicles sold in the United States are made in North America compared to between 68% and 85% for Japanese rivals Toyota Motor (7203.T), Nissan Motor (7201.T) and Honda Motor (7267.T), who have also suspended production there till May.
Honda group is very conservative in spending. but this one time advantage.
when US demand was rising. Hyundai was making factories in China. now Hyundai will see its folly in EU and India let alone US. there is huge carrying cost of developing so many models.
Don't worry. This time it does not matter where the plant is or who owns the plants, everyone is fucked.
IF you think Honda is any different, you are imagining things again.
Honda is different. It can survive with much lower sales volume due to much higher standardization of vehicle across line up. and plants located where the R&D and sales are in majority. for example next Acura TLX developed with almost 100% North American parts. while even today BMW made in SC have engine/transmission imported.
. that Hyundai is a bad joke compared to Honda.
new normal will have a lot of working from home. so no need to change vehicles often due to higher mileage.. guess whose vehciles are built to last 20 to 30 years time horizon. Only Honda and Acura.
11 years old quality.no brake dust. https://sfbay.craigslist.org/nby/ctd...111109315.html
I can assure you all of my Honda products have produced copious amounts of brake dust.
Not as bad as some of the ze Germans, but all of my 3 Hondas & 1 Acura produced some level of dust. My '82 240D looked like a coal engined train exhaust was behind the wheels at times
you may have used after market pads. Acura don't brakedust.
My S2000 was bone stock, down to the pads from the factory. When I bought it, the pads were still the same ones that it rolled off the assembly line with.
Well... i aint gonna lie... all 3 of my F3X cars with M sport Brembo calipers (Euro pads) have so much brake dust that i didnt even bother clean my wheels anymore. It only lasts 2 days before it becomes gray.
Non Brembo calipers dont have this problem.
That is why this time i actually ordered the gray wheels due to this reason.
What Honda's don't produce in brake dust, they produce in warped rotors
Shuddering brake pedal ensure positive feedback, driver confidence. You know you are stopping. Honda higher ride height pick up less dust and brake dust from ground, plus optimum HVAC vent placement means superior occupant comfort, better than Bentley and Pagani
What Honda's don't produce in brake dust, they produce in warped rotors
Also, warped front rotors will shake the steering wheel like crazy. So one can boast the steering-wheel shake to his friends telling them that it is the "lane departure warning" in action, even though the vehicle isn't such equipped.
@TSX69 usually is pretty good at it so surprised nothing was posted yesterday.
Well here is the grim news for Honda/Acura for April:
Sales of Honda and Acura vehicles showed signs of improvement in the final weeks of April, with customer traffic increasing online and in dealer showrooms as state and local authorities eased restrictions on sales activities.
Honda and Acura dealers continue to focus on taking care of existing customers through vehicle service, maintenance and repair, while preserving the health and safety of their customers and employees.
A number of Honda and Acura dealers remained closed for much of April in compliance with mandates imposed on businesses by state and local authorities.
Last month, Honda and Acura opened enrollment in new online retailing programs, Shop Simple with Honda and Acura Precision Purchase, and received a tremendous response from Honda and Acura dealers looking for an online retailing solution to meet the needs of our customers.
Honda is providing an industry-first special offer for first responders and medical professionals, out of respect for their contribution to communities across the country.
COVID-19 Response Initiatives
Honda has initiated a significant and comprehensive new effort to harness the spirit of community in responding to the impact of the COVID-19 pandemic. Specific initiatives include:
Honda has teamed up with Dynaflo, Inc. to produce diaphragm compressors, a key component of portable ventilators that are used in hospitals and by first responders to help COVID-19 patients. The companies aim to produce 10,000 compressors per month once production reaches capacity.
Honda associates have been using 3D printers to produce face shields at various company operations, with Honda engineers now working on a method to mass-produce face shield frames in Honda facilities.
As the COVID-19 pandemic can add financial stress to the lives of our customers, Honda and Acura have offered to help customers who have financed their vehicle through Honda Financial Services or Acura Financial Services with payment extensions and deferrals, as well as available late fee waivers.
Honda has pledged $1.0 million to address food insecurity in communities across the U.S., Canada and Mexico, providing the most vulnerable with access to food.
Additional projects and contributions are in the works, check Hondanews.com for updates.
What do you think Genesis' ATP will be after the GV80 and the new G80 launch?
It should be well into the $50k range.
In fact, Genesis' ATP, which is right about where Lexus is, should power past Lexus which has a full lineup of CUVs, as well as having 2 BoF SUVs (that's what happens when the bulk of your sales are tarted up FWD-based Toyotas).
Lexus - $49,180
Infiniti - $48,775
So, Acura's ATP is well below that of the other Asian lux brands.
And interesting, for Jan., Hyundai's ATP was higher than Honda's, and Kia's just below.
Whatever dealers managed to sell 26 RLX models last month should be given awards and bonuses. Selling even one of that steaming pile is a challenge in the best of times, I'm sure those dealers have also sold oceanfront property in Arizona as well.
What do you think Genesis' ATP will be after the GV80 and the new G80 launch?
It should be well into the $50k range.
In fact, Genesis' ATP, which is right about where Lexus is, should power past Lexus which has a full lineup of CUVs, as well as having 2 BoF SUVs (that's what happens when the bulk of your sales are tarted up FWD-based Toyotas).
Lexus - $49,180
Infiniti - $48,775
So, Acura's ATP is well below that of the other Asian lux brands.
And interesting, for Jan., Hyundai's ATP was higher than Honda's, and Kia's just below.
Hyundai - $27,858
Honda - $27,631
Kia - $27,540
Honda sales are now more than twice of H/K group in China. and that despite Honda only has only 1 Electric Vehcile. you will keep embrassing yourself if you keep posting in this thread.
Remember India is Zero. and EU has collapsed. every where where Hyundai could make any money is gone. and now it will have to deal with home delivery brand aka Genesis.
Automotive Industry: Hyundai Motor Group?s Recovery in China Not Easy - Businesskorea In April, Hyundai Motor Company (HMC) and Kia Motors (Kia) sold 40,023 units (-13.1% y-y) and 15,204 units (-35.6% y-y), respectively, in China
In the Chinese market, HMC and Kia have actively resumed promotional activities, including the launch of both new car exchange offers and various customer care programs (including, for example, unemployment protection plans). However, it seems that improvement in competitiveness in China is progressing slowly compared to the pace of sales recovery in global auto markets such as the US
^ Why the heck do you keep bringing up China sales, esp. in response to something about US sales?
Yeah, Honda is better positioned in China, but I can bring up Europe, Canada, India, Russia, Australia, Mexico, South America, the Middle East, etc.
And unlike for China, HMG doesn't have to split profits w/ a JV partner.
For March, HMG had a 7.9% share of the EU market (44,989).
Honda had a 0.5% share (2,815).
That was less than half of that for Mazda or Mitsu,
In Europe, Honda is a pimple on HMG's rear.
Honda already had to reorganize its Australian operations due to low/declining sales.
Once Brexit goes into effect, Honda will have to do the same for the EU market.
And the China market is a tenuous one.
Should there be a political flare up btwn the PRC and Japan, you can be sure there will be a Beijing-led boycott.
But forget China or any other overseas market; got anything to say in rebuttal about the US market?
What are you going to do when Kia's ATP surpasses that of Honda? lol
H/K group is on verge of being thrown out of profitable Chinese market with all its factories investments becoming worthless and you continues useless babbling about European, Indian and Brazilian markets which are permanently Kaput. Don't every talk about Middleast Market. Chinese and Japanese have so much influence they can practically switched off every Korean product in Middleast.
PRC and Japan can do whatever politically but under the table and over the table Chinese consumers first Choice is Japanese products.
Honda has one Factory in Europe in UK and that is decades old and that mostly used for Exports of Civic. Everything is else is pure Japan exports.
EU market is simply not profitable where slightly used BMW 3 Series sale for same price as Honda Civic In US. and this 3 Series price include VAT and free maintaince. Europeans are burried under taxes. There can no longer be profitable business.
Thats they primary reason that Honda Revenues are $35b to $40b a quarter while H/K group in $20b range as the H/K group products are sold at bargain basement prices despite selling in every market with huge quantities.
All those rental returns and all the ubers and turos of the world will further depress the resale values of worthless brands like H/K.
how much it lose value and what will be its real sale price?
H/K group is on verge of being thrown out of profitable Chinese market with all its factories investments becoming worthless and you continues useless babbling about European, Indian and Brazilian markets which are permanently Kaput. Don't every talk about Middleast Market. Chinese and Japanese have so much influence they can practically switched off every Korean product in Middleast.
PRC and Japan can do whatever politically but under the table and over the table Chinese consumers first Choice is Japanese products.
Honda has one Factory in Europe in UK and that is decades old and that mostly used for Exports of Civic. Everything is else is pure Japan exports.
EU market is simply not profitable where slightly used BMW 3 Series sale for same price as Honda Civic In US. and this 3 Series price include VAT and free maintaince. Europeans are burried under taxes. There can no longer be profitable business.
Thats they primary reason that Honda Revenues are $35b to $40b a quarter while H/K group in $20b range as the H/K group products are sold at bargain basement prices despite selling in every market with huge quantities.
All those rental returns and all the ubers and turos of the world will further depress the resale values of worthless brands like H/K.
how much it lose value and what will be its real sale price?
Try find high end 2018 TLX at half prices?
when are we going to see so called Body on Frame SUVs and Pickups from H/K group?. as if that is the last thing to waste money on it.
how about less than half price? Similar miles as the Genesis... By your logic, a 2 year old V6 TLX cost the same as a new Nissa Sentra BASE Model....
that BMW was barely driven 2700 miles with full option 2019 compared to Civic. Latest LED lights and M Sport. that TLX is going to be out of warranty in 4000 miles. Acura don't give long warranties like Gensis
Is it a high End TLX like with Aspec or Advance package with Sh-AWD?. that 3.3T Genesis is $60K car with latest Hyundai Engines.
that BMW was barely driven 2700 miles with full option 2019 compared to Civic. Latest LED lights and M Sport. that TLX is going to be out of warranty in 4000 miles. Acura don't give long warranties like Gensis
Is it a high End TLX like with Aspec or Advance package with Sh-AWD?. that 3.3T Genesis is $60K car with latest Hyundai Engines.
are you comparing an EU BMW 318d price vs US Civic?
How much is a 2019 fully loaded Civic in UK? If i give you $25k Euro, you can get me a brand new fully loaded Civic?
H/K group is on verge of being thrown out of profitable Chinese market with all its factories investments becoming worthless and you continues useless babbling about European, Indian and Brazilian markets which are permanently Kaput.
Honda is heavily reliant on the US and Japanese markets - and they are presently kaput.
Markets will eventually recover, but Honda is at a higher risk since they are so reliant on just 3 markets (anything drastic affecting any one of those 3 markets would have a disproportionate effect on Honda).
And H/G will navigate this whole thing fine enough.
They have focused manufacturing for their most in demand and most profitable models (new G80, GV80, Palisade, etc.).
The GV80 had 20k pre-orders within the 1st 10 days in Korea and has nearly 10k preoders for the US market.
Don't every talk about Middleast Market. Chinese and Japanese have so much influence they can practically switched off every Korean product in Middleast.
LMAO!
So why haven't they done it?
HMG is a big player in the Middle East and that will only get larger w/ the upcoming BoF pick-ups and SUVs.
PRC and Japan can do whatever politically but under the table and over the table Chinese consumers first Choice is Japanese products.
Right, b/c the last time there was Beijing-led boycott, Japanese automakers didn't feel a thing...
Not surprising that you're incapable of remembering this...
Sales of Toyota and Honda vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.
Honda said that September sales plunged 40.5% to 33,931 vehicles.
Toyota and Hondadealerships were burned down in one city, and crowds shouting anti-Japanese slogans have gathered and smashed Japanese cars.
Honda has one Factory in Europe in UK and that is decades old and that mostly used for Exports of Civic. Everything is else is pure Japan exports.
EU market is simply not profitable where slightly used BMW 3 Series sale for same price as Honda Civic In US. and this 3 Series price include VAT and free maintaince. Europeans are burried under taxes. There can no longer be profitable business.
Funny how H/K, Toyota and others find the Euro market profitable, but Honda can't make a go of it (just like for Australia).
Thats they primary reason that Honda Revenues are $35b to $40b a quarter while H/K group in $20b range as the H/K group products are sold at bargain basement prices despite selling in every market with huge quantities.
H/K have been investing a lot more in new products and propulsion systems.
H/K is a leader in electric and FCEV vehicles.
Honda, otoh, had to pair up w/ GM w/ GM building the next gen of Honda electrics.
And for selling at bargain basement prices, Hyundai had a higher ATP than Honda in January.
Moreover, Genesis' ATP is $10k higher than that for Acura and that delta will only increase when the new G80 and GV80 hit the lots.
So if we are talking bargain basement pricing, it's Acura - which is $10k behind all the other Asian lux brand - Genesis, Lexus and even Infiniti.
Try find high end 2018 TLX at half prices?
Could do one better.
How 'bout a '17MY RLX w/ Tech pckg for the rock bottom price of $18,545?
An RLX w/ Tech is priced at $54.9k that's quite the fall, losing nearly HALF its value within just 2 years (ane low mileage at that).
Meanwhile the lowest price for a '18MY G80 Sport (similar MSRP of $55,250) is $28,497 and that for a vehicle w/ 50,734 miles (way more than the 15.3k for the RLX).
are you comparing an EU BMW 318d price vs US Civic?
How much is a 2019 fully loaded Civic in UK? If i give you $25k Euro, you can get me a brand new fully loaded Civic?
In EU BMW selling BMW 3 series (2000cc diesel vs 1600 diesel Honda) at prices where Honda can sell Honda Civic in US market.. there is no point in further subsidizing in EU markets. Unless it is Japan imports.
X3 used is selling for less than Honda CRV sold in US barely driven. imagine all those creative lease to hire and fleet sales.
this price include VAT and registeration.
That's losing 44% of its MSRP, assuming no options were added (still, better than for the RLX).
you should stop posting about Acura and Honda Vehicles as you know nothing despite being educated in this thread about high end Acura/Honda.
that RLX is FWD and corporate fleet vehicle.
Honda is heavily reliant on the US and Japanese markets - and they are presently kaput.
where you get this idea that US and Japanese market kaput like India and EU?
Korea is too small market for Hyundai group
Markets will eventually recover, but Honda is at a higher risk since they are so reliant on just 3 markets (anything drastic affecting any one of those 3 markets would have a disproportionate effect on Honda).
India is Zero. EU is 90% down. Hyundai/Kia is verge of being thrown from China market. and you are pointing fingers at Honda. which has factories at right places and is not exposed to rental fleet or collapsed markets.
And H/G will navigate this whole thing fine enough.
They have focused manufacturing for their most in demand and most profitable models (new G80, GV80, Palisade, etc.).
All three Genesis sedans cannot match 6 year old Acura TLX.
The GV80 had 20k pre-orders within the 1st 10 days in Korea and has nearly 10k preoders for the US market.
As if Honda is not getting Pre-Orders for its products in home market in Japan.
LMAO!
So why haven't they done it?
HMG is a big player in the Middle East and that will only get larger w/ the upcoming BoF pick-ups and SUVs.
HMG is big player in past. It does not mean it will be big player in future once the conditions on those countries are imposed.. Yen and British Pounds still have reserve value. Germany cannot do it beyond certain value due its bankrupt corporate system.
https://www.reuters.com/article/us-h...-idUSKBN22Q2V6 Exclusive: Turkey seeks global funding help to gird against lira shock The two other officials said Turkey reached out to Japanese representatives about possible funding, with one adding that talks need to be speeded up if a swap line is to be secured.
Right, b/c the last time there was Beijing-led boycott, Japanese automakers didn't feel a thing...
Not surprising that you're incapable of remembering this...
I know these things. Chinese need Japan.but Chinese not need Korea. Chinese will continue to buy Japanese cars and every month I will laugh at you in this thread.
Funny how H/K, Toyota and others find the Euro market profitable, but Honda can't make a go of it (just like for Australia).
Toyota has factories in UK, France, Poland, Czech and Turkey. Honda only in UK. very different investment levels.
H/K have been investing a lot more in new products and propulsion systems.
H/K is a leader in electric and FCEV vehicles.
Honda, otoh, had to pair up w/ GM w/ GM building the next gen of Honda electrics.
And for selling at bargain basement prices, Hyundai had a higher ATP than Honda in January.
Hyundai has only high ATP in your head. Honda only using parts from GM suppliers. No need to reinvent suppliers. its not like engine/transmission.
Moreover, Genesis' ATP is $10k higher than that for Acura and that delta will only increase when the new G80 and GV80 hit the lots.
So if we are talking bargain basement pricing, it's Acura - which is $10k behind all the other Asian lux brand - Genesis, Lexus and even Infiniti.
Honda/Acura has highest purchased prices. Honda does not give you that 2 year free maintaince like Toyota.
H/K is the only one that has managed to come close to Toyota's dominance in the Australian market.
W/ the BoF pickups and SUVs, H/K will close the gap, plus these types of models are big sellers across most of the world.
Honda is simply missing out on a huge market.[/QUOTE]
In EU BMW selling BMW 3 series (2000cc diesel vs 1600 diesel Honda) at prices where Honda can sell Honda Civic in US market.. there is no point in further subsidizing in EU markets. Unless it is Japan imports.
X3 used is selling for less than Honda CRV sold in US barely driven. imagine all those creative lease to hire and fleet sales.
this price include VAT and registeration.
Wtf are you talking about.. no only you are comparing used vs. new and you are also comparing prices from 2 different continent....
Rather than arguing with the troll and polluting this thread, can y'all just put him on ignore like the rest of us sane folks? At the very least, can you quit putting his posts in quotes so that I can avoid seeing his drivel?
Wtf are you talking about.. no only you are comparing used vs. new and you are also comparing prices from 2 different continent....
you cannot sell used car so low that is barely used unless the new one is discounted at bargain basement price.
how many new factories Honda built in EU zone in past 30 years?. Honda has long given up on the market as it market only for losers.
this CRV is double the mileage of BMW X3 and only 2WD and not even a top trim.
These are in addition to what this car typically comes with as standard:
M Sport braking system
Sun protection glass
harman kardon loudspeaker system
M Sport Plus package
This car comes with
Auto transmission with gearshift paddles
Performance Control
20" RFT Bicolour Orbit Grey 699 M light
Run-flat tyres
Roof rails. High-gloss Shadowline
Alarm system (Thatcham 1)
Aluminium Rhombicle trim- Pearl Chrome
Ambient lighting
Rear-view mirror. auto dimming
Sport seats
Heated front seats
Active Guard
LED foglights. front
Adaptive LED Headlights
CRV is losing money even at this prices that are higher in upper trim levels than BMW X3 . there is no point in selling vehicle in Europe. only Garbage brands like Hyundai that are late entrants to such market advertize there sales.
Rather than arguing with the troll and polluting this thread, can y'all just put him on ignore like the rest of us sane folks? At the very least, can you quit putting his posts in quotes so that I can avoid seeing his drivel?
Acura TLX beat the Home Delivery Brand aks Genesis. i think cars still floating on ships. no space in port.
https://www.prnewswire.com/news-rele...301069414.html FOUNTAIN VALLEY, Calif., June 2, 2020 /PRNewswire/ -- Genesis Motor America today reported sales of 1,350 units in May 2020, a 41.6 percent decrease compared with the prior year.
But doesn't change the fact that Genesis' ATP is $10k higher and that delta will only increase.
G80 sales are way down b/c of the impending new model, but G90 sales are up YoY; could be the 3rd month in a row that the G90 beats the LS in sales.
Has the significantly cheaper RLX ever beaten the LS in sales?
The new G80 should retake the 3rd spot from the A6.
But, as stated from the start, Genesis made a major mistake w/ the G70 by not giving it more interior space, but it's not far off the pace of ILX sales despite a higher price-point.
Still, the Stinger did 1,393 units - which is just short of what the TLX did, but at a higherprice-point.
Genesis is closing in on what the MDX has done in sales YTD w/ pre-orders for the GV80, again at a higher price-point.
That $10k delta in ATP should increase to nearly $15k.
But despite the pandemic and everything else that has happened, the Telluride SX-P is still selling for over MSRP in most places (one got snapped up for $54k; can get a well equipped MDX for significantly less).
As Nissan has admitted that Infiniti will now be Nissan+, they have fully joined Honda+, er Acura.
According to TrueCar, can get an MDX w/ the Enter/Tech pckge (list $54.5k for $47.3k).
04-21-2020, 08:36 PM
Not as bad as some of the ze Germans, but all of my 3 Hondas & 1 Acura produced some level of dust. My '82 240D looked like a coal engined train exhaust was behind the wheels at times 
Oops
May 2020
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