gavriil

Honda Aug. global car output declines 10.5% over last year
Reuters / September 25, 2003

TOKYO (Reuters) -- Honda Motor Co. Ltd. said Thursday that its global car output for August fell 10.5 percent from the year-earlier month to 206,623 units.

The company produced 73,659 cars in Japan, down 26.7 percent, while overseas output was up 1.9 percent at 132,964 units.

Red Nj-s

Is it because they are too conservative? Clue me in here Gabriel.

gavriil

On a related note:

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Toyota, Nissan global output up in August, Honda falls
Reuters / September 25, 2003

TOKYO (Reuters) -- Toyota Motor Corp. said on Thursday its global output rose 4.1 percent in August from a year earlier to 430,620 vehicles, while Honda Motor Co. Ltd. said output for the month fell 10.5 percent.

Third-ranked Nissan Motor Co. produced 224,481 vehicles worldwide, up 5.1 percent.

Honda said its global car output for August fell to 206,623 units. It produced 73,659 cars in Japan, down 26.7 percent, while overseas output was up 1.9 percent at 132,964 units.

Copyright 2003 Reuters Limited.

gavriil

Honda's decline in its home market is nothing new. It's been happening for years now. Hence the change of CEOs recently. They are doing everything wrong in my opinion. It's no one thing. In brief, everything Nissan is doing right, Honda is either not doing as well as Nissan, or doing totally wrong.

In one sentence: They need new, exciting models.

Sounds like what GM and Ford need here ah?

Black CL-S 4-Life

And their refusal to make RWD or AWD vehicles

Zapata

eh Japaneese market is also VERY fickle!

Red Nj-s

Yea, they seem to be very fad oriented.

neoprufrok

This is very true. It used to be that FWD was great because when at the time it came out, rwd didn't have the benefit of traction control or snow tires, thus rwd was considered too unsafe in some climates. Also, awd at that time was burgeoning technology.

Now, why not rwd? Traction control and snow tires do a great job these days and awd is now everywhere.

Honda missed the boat here, and that's why I drive an Audi A4 quattro now.

Oh yeah, and add to that the most arrogant and misinformed group of dealers second only to BMW.