Honda: CR-V News
#241
#242
#243
#244
Can't recall the mag but a recent comparo placed the 2010 CR-V 3rd behind the 1st place RAV 4 and 2nd place Tiguan.
My sis bought a 2009 RAV last year and after 2 extensive test drives IMO the RAV was the better of the 2 overall. The deal closer though was the fact that the RAV was $2K cheaper. Honda wasn't even close on pricing.
Honda Canada has since smartly lowered all 2010 CR-V pricing by $1,500.
My sis bought a 2009 RAV last year and after 2 extensive test drives IMO the RAV was the better of the 2 overall. The deal closer though was the fact that the RAV was $2K cheaper. Honda wasn't even close on pricing.
Honda Canada has since smartly lowered all 2010 CR-V pricing by $1,500.
Last edited by dom; 01-18-2010 at 01:45 PM.
#250
#252
Can't recall the mag but a recent comparo placed the 2010 CR-V 3rd behind the 1st place RAV 4 and 2nd place Tiguan.
My sis bought a 2009 RAV last year and after 2 extensive test drives IMO the RAV was the better of the 2 overall. The deal closer though was the fact that the RAV was $2K cheaper. Honda wasn't even close on pricing.
Honda Canada has since smartly lowered all 2010 CR-V pricing by $1,500.
My sis bought a 2009 RAV last year and after 2 extensive test drives IMO the RAV was the better of the 2 overall. The deal closer though was the fact that the RAV was $2K cheaper. Honda wasn't even close on pricing.
Honda Canada has since smartly lowered all 2010 CR-V pricing by $1,500.
#254
Although I have never driven a CR-V, I would probably agree with this. It's a bigger vehicle than the Civic and my TSX, and I sometimes think my TSX is underpowered. I can't even imagine an SUV with a 4-banger. I think it would drive me crazy.
#261
from Toyota UK
US version
#263
#265
With the current EPA mileage/emission rules, look for power/weight ratios to decrease in the US as well.
#266
Export News
Honda Motor Co. is looking to end exports of the popular CR-V crossover to the United States from Japan when it is remodeled in autumn to reduce losses from the strong yen, an executive said today.
"Our profit structure has improved mainly thanks to robust overseas operations, and the toughest area remains exports from Japan," Chief Financial Officer Yoichi Hojo said at a reporters' roundtable at Honda's headquarters.
"With a little investment, we would be able to increase production of the CR-V in the United States, so that's the most probable course of action (to reduce yen exposure)," he said.
Japanese automakers are reeling from a strong yen, now trading at around 81-82 to the dollar, losing money on many models that are exported from domestic factories.
Honda already has the least currency exposure among Japan's top automakers given its relatively low export ratio of 30%. Last year, Toyota Motor Corp. shipped 53% of its Japan-made vehicles, and Nissan Motor Co. exported 59%.
Honda, Japan's third-biggest automaker, built about 72,000 CR-Vs in Japan last year, exporting about 35,000 of them to the United States. Honda also builds the model in Mexico and Ohio.
Cost, pricing structure improving
Rivals are also taking similar steps to reduce exports from Japan. Nissan said last month it would shift production of its Rogue crossover from Japan to the United States at its next remodeling in 2013.
Hojo said Honda, like other Japanese automakers, would look to use more components from low-cost countries such as China and India to take advantage of the strong yen, also making those adjustments when vehicles are renewed.
Honda is due to revamp its high-volume Civic this spring, and Hojo said he expected new low-cost parts to account for at least 10% of the car, from virtually none now.
Honda has already raised that ratio on the low-margin Fit subcompact to 17%, and is aiming to boost that to about 30%, Hojo said.
Honda on Monday delivered better-than-expected 3rd-quarter earnings and lifted its annual profit forecasts beyond the market consensus, largely due to the popularity of light trucks in North America.
With gasoline prices still relatively stable, more U.S. consumers are driving away with light trucks instead of passenger cars, and Hojo said Honda was boosting daily production capacity at its Alabama plant by 50 units to 650 units from this month to meet demand for the Odyssey minivan and other bigger models.
Honda this week forecast an operating profit of 620 billion yen ($7.6 billion) for the business year ending on March 31, for an operating margin of 7.0% -- at the top end of the industry -- despite an 8-yen fall in the dollar.
Executive Vice President Koichi Kondo said this week Honda had achieved an earnings structure under which it could make a profit of 100 billion yen ($1.23 billion) per quarter at a dollar rate of 85 yen and car sales of 900,000 units. A year ago, it had strived to achieve that level of profitability at 90 yen to the dollar.
Hojo attributed the stronger earnings structure to the company's ability to raise its product prices -- by around 1 percent to 2% a year in the United States -- and a better cost structure partly helped by greater economies of scale.
Honda's shares have jumped 27% in the past 3 months, outperforming a gain of about 20% for both Toyota and Nissan.
#267
Honda is due to revamp its high-volume Civic this spring, and Hojo said he expected new low-cost parts to account for at least 10% of the car, from virtually none now.
#269
If you export cars to the U.S.....and you have a high volume car.......you better start building it state side.....otherwise say good bye to your profits.
Falling dollar FTL.
Falling dollar FTL.
#270
Probably referring to making more of the components in areas where the exchange rates are favorable.
If cars like the CR-Z were designed to be profitable at 85 yen, they're going to need to raise the price if 80-81 yen is the norm. This will also impact the TSX and TSX Wagon heavily. Hard to believe that when I visited Japan in '78, that people were complaining that the yen was 'only' 210 (down from 312).
...would look to use more components from low-cost countries such as China and India to take advantage of the strong yen...
#271
All-new honda cr-v coming
The current CR-V received a minor updated for 2010, but it looks as though Honda will skip the typical mid-cycle refresh in favor of an all-new design. The compact-medium crossover segment has become increasingly competitive over the last few years, which could be the reason for the overhaul.
“Next fall the CR-V is going to get a full model change, so we have high expectations from that,” Honda Executive Vice President Koichi Kondo said. “Our mix will be even better next year.”
No other details were revealed, but look for the CR-V to receive an updated powertrain to go along with its new body work. The current CR-V makes due with a five-speed automatic transmission while most of the competition has moved on to six-speed gearboxes. As a result, the CR-V’s fuel economy ratings are no longer class-leading.
“Next fall the CR-V is going to get a full model change, so we have high expectations from that,” Honda Executive Vice President Koichi Kondo said. “Our mix will be even better next year.”
No other details were revealed, but look for the CR-V to receive an updated powertrain to go along with its new body work. The current CR-V makes due with a five-speed automatic transmission while most of the competition has moved on to six-speed gearboxes. As a result, the CR-V’s fuel economy ratings are no longer class-leading.
Could it be Honda got the wake-up call?!?!?
The competition has been eating their lunch for quite some time now.
Time for Honda to play catch-up with Ford & Hyundai.
Please Honda...PLEASE!!!...innovate on the powertrain!!!
....and please go a new route on exterior and interior designs too.
#272
That 2010 minor update was the mid cycle refresh. The reason for the overhaul is because its due. Its been on the market since 07, so 5 years. Well, its Leftlane guess you can't expect too much.
And the CR-V is and has been Honda's strongest product for some time now. The best selling SUV in the US. So I don't think they really need a wake up call as far as the CR-V is concerned. And its a pretty safe bet we'll still see a variation of the 2.4 and nothing else in this new model so don't get your hopes up on a new power train. No reason for a V6 since it sells just fine and there's been no word of a new 4 cylinder from Honda.
And the CR-V is and has been Honda's strongest product for some time now. The best selling SUV in the US. So I don't think they really need a wake up call as far as the CR-V is concerned. And its a pretty safe bet we'll still see a variation of the 2.4 and nothing else in this new model so don't get your hopes up on a new power train. No reason for a V6 since it sells just fine and there's been no word of a new 4 cylinder from Honda.
#273
That 2010 minor update was the mid cycle refresh. The reason for the overhaul is because its due. Its been on the market since 07, so 5 years. Well, its Leftlane guess you can't expect too much.
And the CR-V is and has been Honda's strongest product for some time now. The best selling SUV in the US. So I don't think they really need a wake up call as far as the CR-V is concerned. And its a pretty safe bet we'll still see a variation of the 2.4 and nothing else in this new model so don't get your hopes up on a new power train. No reason for a V6 since it sells just fine and there's been no word of a new 4 cylinder from Honda.
And the CR-V is and has been Honda's strongest product for some time now. The best selling SUV in the US. So I don't think they really need a wake up call as far as the CR-V is concerned. And its a pretty safe bet we'll still see a variation of the 2.4 and nothing else in this new model so don't get your hopes up on a new power train. No reason for a V6 since it sells just fine and there's been no word of a new 4 cylinder from Honda.
No point in waiting for everyone else to start chipping away at your sales before you do something.
Honda apparently understands that they need to keep pace with the rest of the market, and I applaud them for doing it with the CR-V.
(at least I hope this is what they are doing)
If so....please do it with the rest of your line-up
#274
I agree they need to keep pace. But what I'm saying is they're not redesigning the CR-V because its falling behind. They're redesigning it because its due. Most products have a 5 or 6 year cycle. Its just time, nothing more.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
#275
I agree they need to keep pace. But what I'm saying is they're not redesigning the CR-V because its falling behind. They're redesigning it because its due. Most products have a 5 or 6 year cycle. Its just time, nothing more.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
Redesign it, Honda....inside and out. 6-speed is a must!
K24 engine will not impress. IMHO.
#277
I agree they need to keep pace. But what I'm saying is they're not redesigning the CR-V because its falling behind. They're redesigning it because its due. Most products have a 5 or 6 year cycle. Its just time, nothing more.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
The fact that its going out on top is what impresses me. If Honda could get everything else as right as they got this CR-V we wouldn't have much to complain about. And again, don't expect a new engine. Maybe a 6 speed but I'd put money on the K24 carrying over.
Last edited by Legend2TL; 02-08-2011 at 08:23 PM.
#278
I love my CR-V. I know it's minor, but the one thing I love the most about it is that it's the only Honda remaining that has chrome plated door levers, not that faux metal stuff that's become prevalent throughout the Honda lineup (and I suspect it will show up on the new CR-V). Can't stand those things, they look and feel cheap.
Although it does have the faux metal trim on the door panels...which isn't so bad with the bit of chrome work on the door levers, the vents and in the shift plate.
Although it does have the faux metal trim on the door panels...which isn't so bad with the bit of chrome work on the door levers, the vents and in the shift plate.
#279
I expect a mild redesign, Honda is selling over 200K/year in the last year. Most buyers of the CRV know it's virtues and reputation so there's little reason to not to just enhance and evolve the design. It's a solid performer and seller, no need to try anything radical. I also think they will do a K24 with a HP increase to 190HP-200HP, and mate it to a 6AT.
The original iPhone debuted without 3G, they still sell a gabillion of them. They add 3G and sell a gabillion more. The make a hotter version called 3GS and sell even more. They do a FMC and release the iPhone 4 and sales continue. They add Verizon and sell out in 2 hours. In 6 months they'll MMC the iPhone 4 chassis and make the iP5 and on and on.
#280
I agree, the idea is to sell your entire production run for each year of production. If the new looks and features will sell 300K in year one, there is not reason to add a new transmission. You can always add that in year 2 and sell another 300k to those that waited.
The original iPhone debuted without 3G, they still sell a gabillion of them. They add 3G and sell a gabillion more. The make a hotter version called 3GS and sell even more. They do a FMC and release the iPhone 4 and sales continue. They add Verizon and sell out in 2 hours. In 6 months they'll MMC the iPhone 4 chassis and make the iP5 and on and on.
The original iPhone debuted without 3G, they still sell a gabillion of them. They add 3G and sell a gabillion more. The make a hotter version called 3GS and sell even more. They do a FMC and release the iPhone 4 and sales continue. They add Verizon and sell out in 2 hours. In 6 months they'll MMC the iPhone 4 chassis and make the iP5 and on and on.
We got our Honda Pilot in July of 2002, and my wife loved it. However every year it seems they added more features that drove me up the wall. I was expecting the MMC, but on the Pilot IIRC every year they added some more features (heated seats, DBW, sunroof, DRL, stability control, ...) most of which I wanted. The perils of being a early adopter
Also forgot to mention my wife's cousing husband had a head-on accident in a 2G CRV a few years back, he and the other teenage driver were OK (she was texting and drifted over the center line on a country road). So they even have experience in crash testing CRV's. Their only complaint on the 3G's is the wide C (or D depending how you count) pillar which partially blocks the rear quarter view.