Acura: Sales, Marketing, and Financial News
#5041
Much of that R&D spending is investment into Cruise ($2.75 Billion), GM's autonomous driving arm, in addition to more R&D funding directed for the development of GM's skateboard platform and the Ultium batteries.
https://www.hondanews.ca/en/news/rel...nomous-Vehicle
In the very important movement to autonomous driving (or as close as can get to that) and electrics, Honda is the JUNIOR partner to GM.
GM will not only be providing the platform and batteries for the next Honda BEVs, but will be also building them at a GM plant for Honda (these Honda BEVs will be so GM-like, aside from design, that in addition to getting some form of Super Cruise, they will also be getting GM's On-Star).
Furthermore, there's a portion of the R&D spending for AI and robotics which only have an ancillary relationship to autos.
A criticism have had about HMG is that try to do too much on their own (makes sense to partner up to split costs) - doing everything from BEVs to FCEVs to LNG.
They do, however, have a partnership with Audi for FCEVs, and an ownership stake in Rimac for high performance BEVs.
Recently announced the formation of the Ioniq sub-brand for electrics, which has already paid dividends, send shares soaring, up nearly 10.5%.
Last edited by YEH; 08-10-2020 at 03:30 PM.
#5043
As per the course, the resident troll once again fails to put the "facts" into proper context.
Much of that R&D spending is investment into Cruise ($2.75 Billion), GM's autonomous driving arm, in addition to more R&D funding directed for the development of GM's skateboard platform and the Ultium batteries.
https://www.hondanews.ca/en/news/rel...nomous-Vehicle
In the very important movement to autonomous driving (or as close as can get to that) and electrics, Honda is the JUNIOR partner to GM.
GM will not only be providing the platform and batteries for the next Honda BEVs, but will be also building them at a GM plant for Honda (these Honda BEVs will be so GM-like, aside from design, that in addition to getting some form of Super Cruise, they will also be getting GM's On-Star).
Furthermore, there's a portion of the R&D spending for AI and robotics which only have an ancillary relationship to autos.
A criticism have had about HMG is that try to do too much on their own (makes sense to partner up to split costs) - doing everything from BEVs to FCEVs to LNG.
They do, however, have a partnership with Audi for FCEVs, and an ownership stake in Rimac for high performance BEVs.
Recently announced the formation of the Ioniq sub-brand for electrics, which has already paid dividends, send shares soaring, up nearly 10.5%.
Much of that R&D spending is investment into Cruise ($2.75 Billion), GM's autonomous driving arm, in addition to more R&D funding directed for the development of GM's skateboard platform and the Ultium batteries.
https://www.hondanews.ca/en/news/rel...nomous-Vehicle
In the very important movement to autonomous driving (or as close as can get to that) and electrics, Honda is the JUNIOR partner to GM.
GM will not only be providing the platform and batteries for the next Honda BEVs, but will be also building them at a GM plant for Honda (these Honda BEVs will be so GM-like, aside from design, that in addition to getting some form of Super Cruise, they will also be getting GM's On-Star).
Furthermore, there's a portion of the R&D spending for AI and robotics which only have an ancillary relationship to autos.
A criticism have had about HMG is that try to do too much on their own (makes sense to partner up to split costs) - doing everything from BEVs to FCEVs to LNG.
They do, however, have a partnership with Audi for FCEVs, and an ownership stake in Rimac for high performance BEVs.
Recently announced the formation of the Ioniq sub-brand for electrics, which has already paid dividends, send shares soaring, up nearly 10.5%.
you are exaggerating GM importance to Honda.
Honda pouring far more money in China than anywhere else.
https://www.hondanews.ca/en/news/rel...nomous-Vehicle
Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings its total commitment to the project to $2.75 billion.
Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings its total commitment to the project to $2.75 billion.
#5044
#5045
Isuzu and Honda Sign an Agreement to Conduct Joint Research on Fuel Cell-powered Heavy-duty Trucks
How very quaint; meanwhile Hyundai has already delivered it's 1st shipment of its heavy duty FCEV Semi to Europe.
Give us an example where Honda has a partnership with a heavy hitter in the industry (sorry, Isuzu doesn't qualify) and where Honda has the lead position?
Hyundai has its partnership with Audi where it has the lead in FCEV development and they've turned down Nikola sev r rally times when approached.
Not exaggerating at all when it comes to BEVs.
So GM isn't going to manufacture upcoming BEV models for Honda at one of their plants?
Using essentially GM's platform, batteries and (semi) autonomous driving system.
They'll be less Hondas than the Supra is a Toyota.
If Honda has its own capabilities, why isn't it using its own platform and driving system?
And what major industry player has teamed up with Honda with Honda taking the lead?
Last edited by YEH; 08-12-2020 at 05:35 PM.
#5046
Oooh - Isuzu!
How very quaint; meanwhile Hyundai has already delivered it's 1st shipment of its heavy duty FCEV Semi to Europe.
Give us an example where Honda has a partnership with a heavy hitter in the industry (sorry, Isuzu doesn't qualify) and where Honda has the lead position?
Hyundai has its partnership with Audi where it has the lead in FCEV development and they've turned down Nikola sev r rally times when approached.
Of course, but Honda purchased an equity stake in Cruise in addition to committing further funds, as well as committing $ towards the skateboard platform and the Ultium batteries.
Not exaggerating at all when it comes to BEVs.
So GM isn't going to manufacture upcoming BEV models for Honda at one of their plants?
Using essentially GM's platform, batteries and (semi) autonomous driving system.
They'll be less Hondas than the Supra is a Toyota.
If Honda has its own capabilities, why isn't it using its own platform and driving system?
And what major industry player has teamed up with Honda with Honda taking the lead?
How very quaint; meanwhile Hyundai has already delivered it's 1st shipment of its heavy duty FCEV Semi to Europe.
Give us an example where Honda has a partnership with a heavy hitter in the industry (sorry, Isuzu doesn't qualify) and where Honda has the lead position?
Hyundai has its partnership with Audi where it has the lead in FCEV development and they've turned down Nikola sev r rally times when approached.
Of course, but Honda purchased an equity stake in Cruise in addition to committing further funds, as well as committing $ towards the skateboard platform and the Ultium batteries.
Not exaggerating at all when it comes to BEVs.
So GM isn't going to manufacture upcoming BEV models for Honda at one of their plants?
Using essentially GM's platform, batteries and (semi) autonomous driving system.
They'll be less Hondas than the Supra is a Toyota.
If Honda has its own capabilities, why isn't it using its own platform and driving system?
And what major industry player has teamed up with Honda with Honda taking the lead?
. Honda will first develop in China than Japan and than US. and US market of BEV will be the smallest relative to China or Europe or Japan.
Honda ICE sales are 13 times larger than Tesla in China in July.. Honda just started investment in CTAL.
Honda?s China business achieves best-ever figure in July deliveries
Shanghai (Gasgoo)- Japanese automaker Honda said its new vehicle deliveries in China jumped 17.8% from the previous year to 136,646 units last month, the highest-ever volume in terms of July sales.
Shanghai (Gasgoo)- Japanese automaker Honda said its new vehicle deliveries in China jumped 17.8% from the previous year to 136,646 units last month, the highest-ever volume in terms of July sales.
We are atleast 10 years away before Japanese cars competitive in EU market. Japanese no longer built factories there. that will be time for BEV entrance from Japan to EU which will become 2nd largest market.
https://www.japantimes.co.jp/news/20...uk-trade-deal/
One of Japan’s goals is to get the U.K. to eliminate tariffs on cars at an earlier date. Under its agreement with the EU, the 10 percent tariff on vehicles from Japan is to be eliminated eight years after the deal took effect.
One of Japan’s goals is to get the U.K. to eliminate tariffs on cars at an earlier date. Under its agreement with the EU, the 10 percent tariff on vehicles from Japan is to be eliminated eight years after the deal took effect.
https://www.offshore-technology.com/...ral-gas-japan/
you are basically sellling hype worse than Tesla.
#5047
^ Honda is losing what little market share they have in Europe, and that will only continue as they are behind in BEVs.
And all that talk about China sales didn't prevent Honda from taking a huge LOSS last Q and fir 2 consecutive Qs.
You still haven't answered the Q - what major player in the auto industry has teamed up with Honda for future tech where Honda has taken the lead role?
And all that talk about China sales didn't prevent Honda from taking a huge LOSS last Q and fir 2 consecutive Qs.
You still haven't answered the Q - what major player in the auto industry has teamed up with Honda for future tech where Honda has taken the lead role?
#5048
Its not a huge loss ($751m) and it is due to huge R&D spending. China has nothing to with contributing to loss.
Is Isuzu not major auto maker?. All those Chinese firms not major?.
https://www.timesunion.com/business/...t-15459820.php
https://www.reuters.com/article/us-h...-idUSKBN1X82S7
Is Isuzu not major auto maker?. All those Chinese firms not major?.
https://www.timesunion.com/business/...t-15459820.php
https://www.reuters.com/article/us-h...-idUSKBN1X82S7
Hitachi, Honda suppliers to merge parts business to cut EV, self-driving costs
#5049
Operating loss was actually ¥113.6 billion, or $1,066,644,755.
And it wasn't due to "huge R&D spending"
https://global.honda/content/dam/sit...l_result_e.pdf
https://global.honda/newsroom/news/2020/c200805eng.html
I. Consolidated Financial Summary and category of business results for the Fiscal 1st Quarter ended June 30, 2020
Operating loss: 113.6 billion yen (a year-on-year decrease by 366.1 billion yen) due primarily to a decrease in profit related to changes in sales volume and model mix. This was despite a decrease in selling, general and administrative (SG&A) expenses.
Operating loss: 113.6 billion yen (a year-on-year decrease by 366.1 billion yen) due primarily to a decrease in profit related to changes in sales volume and model mix. This was despite a decrease in selling, general and administrative (SG&A) expenses.
#5050
Operating loss was actually ¥113.6 billion, or $1,066,644,755.
And it wasn't due to "huge R&D spending"
https://global.honda/content/dam/sit...l_result_e.pdf
https://global.honda/newsroom/news/2020/c200805eng.html
And it wasn't due to "huge R&D spending"
https://global.honda/content/dam/sit...l_result_e.pdf
https://global.honda/newsroom/news/2020/c200805eng.html
#5051
And if you look at their prior quarter (fiscal Q4 2020), R&D was ¥224.145 billion which itself is a decrease (i.e. cut) from the ¥231.419 billion in fiscal Q4 2019
Last edited by AZuser; 08-16-2020 at 01:34 PM.
#5052
R&D went from ¥169.852 billion in fiscal Q1 2020 to ¥162.914 billion in their most recently reported fiscal Q1 2021. That's a decrease (i.e. cut) .
And if you look at their prior quarter (fiscal Q4 2020), R&D was ¥224.145 billion which itself is a decrease (i.e. cut) from the ¥231.419 billion in fiscal Q4 2019
And if you look at their prior quarter (fiscal Q4 2020), R&D was ¥224.145 billion which itself is a decrease (i.e. cut) from the ¥231.419 billion in fiscal Q4 2019
https://www.poundsterlinglive.com/ba...SD-to-JPY-2020
#5054
Team Owner
still at it... Ok..
Nevermind.
Nevermind.
#5055
Honda cut their dividend by over 61% and to a level not seen since the recession.
#5056
Honda R&D spending is 80% of Toyota but sales volume are less than 40%. so naturally sale decline will create greater loss during a quarter. there is no evidence of R&D spending cut.
Again, where are the RESULTS?
In what area does Honda lead?
What major automaker has paired up with Honda with Honda being the lead partner?
Within a year's time, Genesis will have 3 BEV models with more on the way.
Acura will have to wait until Cadillac starts manufacturing theirs, and that's about 3 years away.
Hyundia second largest market.
https://www.arabnews.com/node/1721466/business-economy
https://www.arabnews.com/node/1721466/business-economy
India urges auto companies to cut royalties to foreign owners
And really no big deal for Hyundai.
Hyundai India is a wholly-owned subsidiary of Hyundai, unlike for Maruti Suzuki which owns about 56%.
And this is just a request by the govt., and even if they take a regulatory action, they will likely lower the cap to so where around 2 to 3%, down from 5%.
Since Hyundai's royalty take % is just 2.6%, will have a nominal to no effect on Hyundai; even if their royalties get slightly reduced, it's still profit for Hyundai (just has to go on a different route with a different tax treatment).
Suzuki, otoh, takes the full 5%.
#5057
Which just further proves that Honda hasn't been the smartest about their R&D spending and in seeing a ROI.
Again, where are the RESULTS?
Do you not see the results?. Acura/Honda has the highest resale value of any brand despite selling older technology with no free maintainance and no long term warranties.
The newest BMW 5 series selling for price as Honda Accord touring. the 2020 model is sold 30% less. and you want Honda to waste money in Europe.
https://www.autotrader.co.uk/classif...tingSubstitute
BMW 5 Series Saloon
BMW 5 Series Saloon SERIES DIESEL SALOON 520d MHT M Sport 4dr Step AutoRRP £44,195
Price£37,665
#5058
Whats up with RDX owners?
iTrader: (9)
The 520d isn't available here, and the Accord isn't available in Europe.
#5059
I was explaining to Yeh why Honda is not much invested into Europe. Honda has practically eliminated diesel engines. and there is no cheaper production sites left to buit cheaper Honda Accord what is sold in US market.
why would Honda Export Accord from NorthAmerican continent to Europe?
Petrol-Electric version even cheaper. but that is not mid life upgrade.
https://www.autotrader.co.uk/classif...e=l22dp&page=2BRAND NEW - IN STOCK
RRP £42,915
why would Honda Export Accord from NorthAmerican continent to Europe?
Petrol-Electric version even cheaper. but that is not mid life upgrade.
https://www.autotrader.co.uk/classif...e=l22dp&page=2BRAND NEW - IN STOCK
BMW 5 Series
520i M Sport Saloon B48 2.0i (ZM5R) 4drRRP £42,915
Price £35,195
Save £7,720- Automatic
2.0L
Saloon
Hybrid – Petrol/Electric
4 doors
5 seats
Full manufacturer warranty
First year road tax included
ULEZ
#5060
Whats up with RDX owners?
iTrader: (9)
Last edited by 00TL-P3.2; 08-31-2020 at 04:20 PM.
#5063
Team Owner
#5065
Monthly drill. Acura TLX beat home delivery brand Genesis.
https://hondanews.com/en-US/honda-co...-sales-results
https://www.wfmz.com/news/pr_newswir...661f973b2.html
https://hondanews.com/en-US/honda-co...-sales-results
https://www.wfmz.com/news/pr_newswir...661f973b2.html
#5066
^ How many times do I have to tell you that things won't change until the GV80 and new G80 hits the lots?
The G80 that is on the lots now has been out of production for months.
G80 and GV80 sales, alone, in Korea bring in more profit than the entire Acura sales in the US.
According to Consumer Reports, the MDX And TLX are just outside the top 10 models with the biggest discounts.
Honda sales fell 23% MoY, whereas Hyundai declined 8.4% and Kia, 6.1%.
That’s better than Acura which fell 10.2%.
Last month, the Palisade and Telluride had over 15k in sales, about 3k more than for the Pilot (and with higher margins to boot).
Combined Santa Fe/Sorento sales far outpace that of the Passport (each do about double the volume of the Passport).
Hyundai also moves about 6k Palisades monthly in Korea; don't think there's another major market for the Pilot.
The G80 that is on the lots now has been out of production for months.
G80 and GV80 sales, alone, in Korea bring in more profit than the entire Acura sales in the US.
According to Consumer Reports, the MDX And TLX are just outside the top 10 models with the biggest discounts.
Honda sales fell 23% MoY, whereas Hyundai declined 8.4% and Kia, 6.1%.
That’s better than Acura which fell 10.2%.
Last month, the Palisade and Telluride had over 15k in sales, about 3k more than for the Pilot (and with higher margins to boot).
Combined Santa Fe/Sorento sales far outpace that of the Passport (each do about double the volume of the Passport).
Hyundai also moves about 6k Palisades monthly in Korea; don't think there's another major market for the Pilot.
Last edited by YEH; 09-01-2020 at 05:53 PM.
#5067
Honda Passport/Pilot/Ridgeline the all the same engine/tranamission/structure. Combined Sales still 19K. you can see from the picture when Honda telling them impact of Honda for local community.
Honda is the most standardized manufacturer in the world. s
Honda is the most standardized manufacturer in the world. s
#5068
Every month you have the same excuse. wait for the new model.
New TLX is launching faster than Genesis G80. ( we have been hearing about this model for a Year). The same will happen to GV80. It will cannabalize sales for regular Hyundai/Kia offerings.
It is just matter of time consumers dumping these before warranty runs out.
https://sfbay.craigslist.org/sby/ctd...173122765.html
New TLX is launching faster than Genesis G80. ( we have been hearing about this model for a Year). The same will happen to GV80. It will cannabalize sales for regular Hyundai/Kia offerings.
It is just matter of time consumers dumping these before warranty runs out.
https://sfbay.craigslist.org/sby/ctd...173122765.html
2020 Kia Telluride EX suv Everlasting Silver - $42,490 (No Brainer Price)
#5069
^ Of course it's the same "excuse" because nothing has changed over the past months. Duh!
Take away the MDX and RDX and with only remnants of the old TLX remaining (if produced in Japan with manufacturing having switched to the new model months ago), Acura would be in the same boat (but at a lower price point).
There's a reason why Acura's incentive spending in relation to ATP is among the highest in the industry, up there with Buick and Infiniti. lol
Even with marginal US sales for the moment, Genesis is still making greater profits for Hyundai than Acura is for Honda.
That's not even the top trim Telluride, and one can get a nicely equipped MDX for considerably less.
And there have been Telluride owners "dumping" their lightly used rides for...
another Telluride, opting this time to get the Telluride they always wanted, the top SXP trim.
Doesn't matter to Kia as that just means another sale (now with an even higher margin).
And dealerships have been listing used Tellurides at MSRP.
Take away the MDX and RDX and with only remnants of the old TLX remaining (if produced in Japan with manufacturing having switched to the new model months ago), Acura would be in the same boat (but at a lower price point).
There's a reason why Acura's incentive spending in relation to ATP is among the highest in the industry, up there with Buick and Infiniti. lol
Even with marginal US sales for the moment, Genesis is still making greater profits for Hyundai than Acura is for Honda.
That's not even the top trim Telluride, and one can get a nicely equipped MDX for considerably less.
And there have been Telluride owners "dumping" their lightly used rides for...
another Telluride, opting this time to get the Telluride they always wanted, the top SXP trim.
Doesn't matter to Kia as that just means another sale (now with an even higher margin).
And dealerships have been listing used Tellurides at MSRP.
Last edited by YEH; 09-01-2020 at 06:52 PM.
#5070
incentive spending matter not much near end of life when resale values are strong. Honda lease return are profitable. unlike Germanic crap that H/K group is copying.
how many 2020 MDX SH-AWD used you can find in this price? and i can guarantee you they will not be Aspec or Advance trims.
Acura or honda is not stupid that tom tom non existing model from another country coming in boat and still take deposits. They just reveal and deliver soon. you saw the factory start for TLX.
https://www.caranddriver.com/reviews...ce-update-20k/
how many 2020 MDX SH-AWD used you can find in this price? and i can guarantee you they will not be Aspec or Advance trims.
Acura or honda is not stupid that tom tom non existing model from another country coming in boat and still take deposits. They just reveal and deliver soon. you saw the factory start for TLX.
https://www.caranddriver.com/reviews...ce-update-20k/
Over 40,000 Miles, the 2019 Honda Ridgeline Proves It's a Real Truck
We recorded 18.1 mpg over 516 mostly highway miles while towing a roughly 4000-pound load.
#5071
^ Don't you ever LEARN (guess you enjoy remaining the fool)?
Resale matters very little to automakers in comparison to new car sales - both volume and ATP (which includes incentive spending relative to ATP).
Land Rover/Ranger Rovers are at the very top for used models taking the longest time to sell.
You think LR/RR really cares?
They make fat profits from the demand for new vehicle sales.
Automakers don't make $ off used vehicle sales; the seller does.
There are only a couple of Kia dealerships in California that are selling the Telluride (esp. the upper trims) without markups, and they are the smaller volume dealerships in out of the way places.
https://www.cargurus.com/Cars/new/nl-New-Acura-MDX-d16#listing=259362886
New MDX listed for $40,295.
Bet can shave off a good bit more from the listed price.
Resale matters very little to automakers in comparison to new car sales - both volume and ATP (which includes incentive spending relative to ATP).
Land Rover/Ranger Rovers are at the very top for used models taking the longest time to sell.
You think LR/RR really cares?
They make fat profits from the demand for new vehicle sales.
Automakers don't make $ off used vehicle sales; the seller does.
There are only a couple of Kia dealerships in California that are selling the Telluride (esp. the upper trims) without markups, and they are the smaller volume dealerships in out of the way places.
https://www.cargurus.com/Cars/new/nl-New-Acura-MDX-d16#listing=259362886
New MDX listed for $40,295.
Bet can shave off a good bit more from the listed price.
Last edited by YEH; 09-01-2020 at 07:14 PM.
#5072
in luxury vehicle or any vehicle above $40K. Leases are dominant. Some one has to take care of those leases. Honda business model is the only correct one. It produce long term skills, effective R&D, high quality vehicles with world strongest resale values. there is no if and butts about Honda Strategy.
It was Chinese that bailout JLR group after UK refused it.
https://europe.autonews.com/automake...gh-report-says
The automaker has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.5 million), its first debt financing in China.
whats the point of $400b market cap firm that cannot compete with Chinese owned firm that is priced higher.
https://www.forbes.com/sites/jimcoll.../#72b4409e5899
It was Chinese that bailout JLR group after UK refused it.
https://europe.autonews.com/automake...gh-report-says
The automaker has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.5 million), its first debt financing in China.
whats the point of $400b market cap firm that cannot compete with Chinese owned firm that is priced higher.
https://www.forbes.com/sites/jimcoll.../#72b4409e5899
Volvo’s Polestar 2 Outsold Tesla’s Model 3 In Sweden And Norway In August
#5073
in luxury vehicle or any vehicle above $40K. Leases are dominant. Some one has to take care of those leases. Honda business model is the only correct one. It produce long term skills, effective R&D, high quality vehicles with world strongest resale values. there is no if and butts about Honda Strategy.
And Acura is no where as profitable as brands such as BMW or Mercedes, heck, not even as profitable as the newbie Genesis.
It was Chinese that bailout JLR group after UK refused it.
Last edited by YEH; 09-01-2020 at 07:24 PM.
#5074
^ Don't you ever LEARN (guess you enjoy remaining the fool)?
Resale matters very little to automakers in comparison to new car sales - both volume and ATP (which includes incentive spending relative to ATP).
Land Rover/Ranger Rovers are at the very top for used models taking the longest time to sell.
You think LR/RR really cares?
They make fat profits from the demand for new vehicle sales.
Automakers don't make $ off used vehicle sales; the seller does.
There are only a couple of Kia dealerships in California that are selling the Telluride (esp. the upper trims) without markups, and they are the smaller volume dealerships in out of the way places.
https://www.cargurus.com/Cars/new/nl...ting=259362886
New MDX listed for $40,295.
Bet can shave off a good bit more from the listed price.
Resale matters very little to automakers in comparison to new car sales - both volume and ATP (which includes incentive spending relative to ATP).
Land Rover/Ranger Rovers are at the very top for used models taking the longest time to sell.
You think LR/RR really cares?
They make fat profits from the demand for new vehicle sales.
Automakers don't make $ off used vehicle sales; the seller does.
There are only a couple of Kia dealerships in California that are selling the Telluride (esp. the upper trims) without markups, and they are the smaller volume dealerships in out of the way places.
https://www.cargurus.com/Cars/new/nl...ting=259362886
New MDX listed for $40,295.
Bet can shave off a good bit more from the listed price.
I specifically mentioned 2020 AWD . Thats the problen to educate you.
#5075
You would have a point if the bulk of Acura's sales wasn't below the $40k mark (btw, the Telluride's ATP is over $40k).
And Acura is no where as profitable as brands such as BMW or Mercedes, heck, not even as profitable as the newbie Genesis.
Um, the "J" in JLR is a money pit, but the LR part makes good $ and if were offered up for sale separately, would be snapped up in an instant.
And Acura is no where as profitable as brands such as BMW or Mercedes, heck, not even as profitable as the newbie Genesis.
Um, the "J" in JLR is a money pit, but the LR part makes good $ and if were offered up for sale separately, would be snapped up in an instant.
Jaguar had electric vehicles and people who worked in UK health service get tax discounts. Honda is not interested in electric vehicles at this point.
#5076
Safety Car
August 2020
https://acuranews.com/en-US/releases...-sales-results
American Honda Reports August Sales Results
September 1, 2020 American Honda Total135,925
-21.9%
Cars
54,067
-29.4%
Trucks
81,858
-16%
Total
13,647
-10.2%
Cars
3,425
-8.8%
Trucks
10,222
-10.6%
Total
122,278
-23%
Cars
50,642
-30.4%
Trucks
71,636
-16.7%
See accompanying spreadsheet for complete results.
# # #
#5078
Team Owner
^ I thought you liked us... you are supposed to only tell the ppl that you dont like to buy overpriced junk...
#5079
Back in 2016, JLR franchises had the highest average profit per dealership at $3.3 million (pretty much due to LR).
Acura's profit per franchise was $1.2 million, less than half of that for Lexus.
Now, this is what the dealerships make and not the automaker, but the health of the dealership network does reflect the overall financial strength of the automaker/brand (Honda as a brand is much stronger financially than Acura).
Acura's profit per franchise was $1.2 million, less than half of that for Lexus.
Now, this is what the dealerships make and not the automaker, but the health of the dealership network does reflect the overall financial strength of the automaker/brand (Honda as a brand is much stronger financially than Acura).
Last edited by YEH; 09-02-2020 at 03:38 PM.
#5080
you still living in 2016?
JLR has very small franchise and there dealerships are not even in prime locations.
in SF bayarea Honda/Acura has dealerships in all prime locations.
This Primo Honda San Carlos new dealership. Most expensive zip code per square foot in california. Atherton and Hillsborough has larger lots so per square foot they cheaper.
few miles down in Land Rover dealership. It will take 100 years in business for that dealership to afford the dealership like Honda.
JLR has very small franchise and there dealerships are not even in prime locations.
in SF bayarea Honda/Acura has dealerships in all prime locations.
This Primo Honda San Carlos new dealership. Most expensive zip code per square foot in california. Atherton and Hillsborough has larger lots so per square foot they cheaper.
few miles down in Land Rover dealership. It will take 100 years in business for that dealership to afford the dealership like Honda.