The Future of Acura?
#81
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I dont really get how everyone here thinks acura is doing that bad. Last I heard acura is still making a profit. Come down here to charlotte TLs, MDXs, and TSXs, are EVERYWHERE. I see at least one of each car a day. In consumer reports for luxury car company guess who was number 1 for reliablity? Acura (with lexus as a close second.) On that page where it rates companys overall which company got 100% of vechiles recommened? Honda. Now dont tell me that doesnt matter because LOTS of people look at that before buying a car. 81% of people who bought a TL said they would again.
Now also look at other companys. Chrysler is doing so bad that they are trying to sell themseleves. Ford and GM arent trying to sell but they are loosing shitloads of money. Last I checked both honda and acura are making profits?
So while maybe acura isnt doing perfect or the best I think it could be a lot worse.
Now also look at other companys. Chrysler is doing so bad that they are trying to sell themseleves. Ford and GM arent trying to sell but they are loosing shitloads of money. Last I checked both honda and acura are making profits?
So while maybe acura isnt doing perfect or the best I think it could be a lot worse.
#82
Originally Posted by mrdeeno
I used to own Nissan stock, and this was prior to owning a Nissan (bought VERY low while they were still losing money and made out BIG once they turned around).
As for Honda, I would buy Honda stock for Honda automobiles, not Acura. They seem to have no idea what direction to take Acura with no clear indication either short or long term where to go ("Let's be performance oriented...and kill off all our coupes for SUVs and sedans and refuse to make a V8 or RWD!" or "Let's make the next NSX compete with hardcore exotics like Ferrari...no let's compete with Aston instead...no let's do something else!" ).
Honda on the other hand has held true to what they offer...reliable, sensible, fun, upmarket cars for each respective class that Honda competes in under the Honda label.
But Acura isn't a drain on Honda since they do sell.
Honda likes to play it safe most of the time...and its stock is "safe" most of the time. From a financial perspective, I would buy Honda stock for a relatively safe investment, but I would not buy any current honda or acura product (except maybe a lawnmower) since they don't offer me anything i want at the moment.
As for Honda, I would buy Honda stock for Honda automobiles, not Acura. They seem to have no idea what direction to take Acura with no clear indication either short or long term where to go ("Let's be performance oriented...and kill off all our coupes for SUVs and sedans and refuse to make a V8 or RWD!" or "Let's make the next NSX compete with hardcore exotics like Ferrari...no let's compete with Aston instead...no let's do something else!" ).
Honda on the other hand has held true to what they offer...reliable, sensible, fun, upmarket cars for each respective class that Honda competes in under the Honda label.
But Acura isn't a drain on Honda since they do sell.
Honda likes to play it safe most of the time...and its stock is "safe" most of the time. From a financial perspective, I would buy Honda stock for a relatively safe investment, but I would not buy any current honda or acura product (except maybe a lawnmower) since they don't offer me anything i want at the moment.
Terry
#83
Pro
For all the money that Honda makes, and its huge market capitalization - 65 $billion, I always hear people talk about Honda being a small company and doesn't have the resources to develop a V8 platform or RWD sedan. I think it's more about the choices that Honda makes for its products.
If Honda wants to make a V8 sedan with RWD for Acura, I'm sure it could have done that 10 years ago.
Hondas are great cars. Acura should be a natural extension for many Honda owners, but from the data I've seen - customer retention etc., Acura hasn't done nearly as well. I just wonder how long Acura can sustain given the type of improvements that other car makers seem to make these days.
Is SH-AWD the right answer for Acura? What's its answer for a coupe? People were generally excited when TSX and the 3rd gen TL came out, but quickly one has to realize that Acura needs something more to hang with the competition - especially starting in 2007.
my 2 cents.
If Honda wants to make a V8 sedan with RWD for Acura, I'm sure it could have done that 10 years ago.
Hondas are great cars. Acura should be a natural extension for many Honda owners, but from the data I've seen - customer retention etc., Acura hasn't done nearly as well. I just wonder how long Acura can sustain given the type of improvements that other car makers seem to make these days.
Is SH-AWD the right answer for Acura? What's its answer for a coupe? People were generally excited when TSX and the 3rd gen TL came out, but quickly one has to realize that Acura needs something more to hang with the competition - especially starting in 2007.
my 2 cents.
#84
Senior Moderator
Originally Posted by SRK85
Acura is fine the only problem is the TSX is over priced. I mean around 30,000 for a v4 car with navi. There better cars with navi systems and better engines for that price. But anyways Acura is fine they just need to release a new sedan. The 3g TL is one of the most popular cars I see them everywhere now.
Ya, TSX is their ONLY problem. RDX sales stink, the all-new MDX is selling below expectations, The refreshed TL with a Type-S now available sales are dropping with another full MY to go and the RL was dead in the water. The only stable sales number is coming from the now 4 YEAR OLD practically unchanged TSX that has been selling above expectations from day 1. Yet its the problem?
Get a clue buddy.
#85
CLS 6MT Navi
As a premium coupe driver, staying loyal to Acura can be frustrating. Loved my 88 and 95 Legend coupes, but if you wanted a 6 speed/6cylinder vehicle from Acura it was 8 years until the 03 CLS 6MT, (which I drive now). ok they had the NSX.
HondaCo drops coupes like flies - Prelude, Legend, CL, Integra, RSX, NSX....while Infiniti's G, BMW 3, even Nissan Altima has a coupe coming. (I hear Toyota is dropping the ugly Solara, which never had an MT/6cyl combo anyway).
I've looked at the TL and RL, eh, okay for sedans. If Acura wants to known as sporty, they need a premium coupe but all I think we'll get is one off the TSX, ugh.
I'm probably gonna get an extended warranty on my CLS and wait. I agree that Honda is a more realized line than Acura. I think the new Civic coupe is the best loooking design Honda has out now, and it has it's flaws.
HondaCo drops coupes like flies - Prelude, Legend, CL, Integra, RSX, NSX....while Infiniti's G, BMW 3, even Nissan Altima has a coupe coming. (I hear Toyota is dropping the ugly Solara, which never had an MT/6cyl combo anyway).
I've looked at the TL and RL, eh, okay for sedans. If Acura wants to known as sporty, they need a premium coupe but all I think we'll get is one off the TSX, ugh.
I'm probably gonna get an extended warranty on my CLS and wait. I agree that Honda is a more realized line than Acura. I think the new Civic coupe is the best loooking design Honda has out now, and it has it's flaws.
#86
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From what I've been reading with all these comments, this are my cliffnotes:
Honda needs better marketing, which I think they're really starting to correct with the dropping of the RSX. All they need is a new coupe that looks more upscale.
I think Acura is the only luxury brand that doesn't have a coupe now. Honda needs to have strategy to keep Acura performing well and even better. All I know and this is just my opinion, but sometimes I feel Honda is more highly regarded than it's luxury division. This is the complete opposite between Toyota and Lexus and Nissan and Infiniti, where the luxury divisions are more highly regarded than the parent company
Honda needs better marketing, which I think they're really starting to correct with the dropping of the RSX. All they need is a new coupe that looks more upscale.
I think Acura is the only luxury brand that doesn't have a coupe now. Honda needs to have strategy to keep Acura performing well and even better. All I know and this is just my opinion, but sometimes I feel Honda is more highly regarded than it's luxury division. This is the complete opposite between Toyota and Lexus and Nissan and Infiniti, where the luxury divisions are more highly regarded than the parent company
#87
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Originally Posted by TMQ
Hondas are great cars. Acura should be a natural extension for many Honda owners, but from the data I've seen - customer retention etc., Acura hasn't done nearly as well. I just wonder how long Acura can sustain given the type of improvements that other car makers seem to make these days.
I went from a honda civic to a cl-s, and was anxiously waiting to get into an RL...but where's my V8? SH-AWD is fine and I would have settled for that if a V8 was available, but I was ready to move up to a car that should be at least as quick as my cl-s was.
customer loyalty is stronger than automakers seem to believe, and if they fail to capture that loyalty with the right products (ie lose customers that move on to V8, or RWD, or something sportier), then they gave up a huge advantage to another automaker that does offer things that upwardly mobile customers look for. Look at how many people still bought GM's and Ford's crappy products in the 80's, 90's and early 2000's...mostly customers who were loyal and were wililng to look past the crappiness.
lucky for Honda, financially, the "family sedan" and "upmarket entry sedan/coupe" are developed for them to capture that huge volume of buyers.
#88
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Well speaking of loyalty... It's definitely started to wain with the purchase of my 03 TL-S. All of the Honda products I've owned before never gave me as much trouble as this car. Don't get me wrong, I still love this car, but all the little things going wrong with it are starting to wear on me. I figured buying a car with 60K would be safe because it's a Honda product. Now I'm not so sure.
Also, I'm still angry that they dropped the Integra name. I honestly think it hurt sales and may have led to it being discontinued.
Nissans are starting to look better to me all the time. I hate saying that as I'm a huge Honda fan.
Also, I'm still angry that they dropped the Integra name. I honestly think it hurt sales and may have led to it being discontinued.
Nissans are starting to look better to me all the time. I hate saying that as I'm a huge Honda fan.
#89
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Originally Posted by laidback93
Well speaking of loyalty... It's definitely started to wain with the purchase of my 03 TL-S. All of the Honda products I've owned before never gave me as much trouble as this car. Don't get me wrong, I still love this car, but all the little things going wrong with it are starting to wear on me. I figured buying a car with 60K would be safe because it's a Honda product. Now I'm not so sure.
Also, I'm still angry that they dropped the Integra name. I honestly think it hurt sales and may have led to it being discontinued.
Nissans are starting to look better to me all the time. I hate saying that as I'm a huge Honda fan.
Also, I'm still angry that they dropped the Integra name. I honestly think it hurt sales and may have led to it being discontinued.
Nissans are starting to look better to me all the time. I hate saying that as I'm a huge Honda fan.
#90
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Originally Posted by 04EuroAccordTsx
I'm mad when they dropped the Legend name it was so much more elegant than RL.
However, I wasn't really too keen on the Vigor name.
#91
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Originally Posted by dom
Ya, TSX is their ONLY problem. RDX sales stink, the all-new MDX is selling below expectations, The refreshed TL with a Type-S now available sales are dropping with another full MY to go and the RL was dead in the water. The only stable sales number is coming from the now 4 YEAR OLD practically unchanged TSX that has been selling above expectations from day 1. Yet its the problem?
Get a clue buddy.
#92
Senior Moderator
Originally Posted by SRK85
I'm not saying its a problem. I'm just saying if I had 30,000 I would buy something different then a TSX. Don't get me wrong the TSX is a nice car, I just think its a bit overpriced.
#93
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Originally Posted by dom
Sorry, but you made it sound as though Acura's only problem was the TSX being overpriced but thats simply not the case going by sales numbers. The car has sold above expectations and has never had a slump, at a price point where is faces competition from not only Lexus, Audi, BMW, SaaB, Volvo and MB but from Honda, Toyota, Mazda and Subaru to name a few. Arguably the TSX and TL are currently the only things that are RIGHT with Acura, although I'd personally add the MDX to that list.
#95
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Originally Posted by laidback93
Yeah I really love the Legend name too.
However, I wasn't really too keen on the Vigor name.
However, I wasn't really too keen on the Vigor name.
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