Honda operating profit drops 80.6 percent in North America
#17
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#18
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Honda is overrated plain and simple. They have the badge cred from the 1980s though, like Toyota. Their cars today are pretty average and sure as hell are ugly as sin. When you can sell ugly cars for over a decade, and you sell more of them, that equals sheep+ badge cred= profit.
As for Acura, the Accord pretty much makes Acura redundant.
Now for profits, no big deal, everyone has had a drop in profits and revenues. Honda is not immune to the economy.
So overall, not raising an eyebrow about this report.
As for Acura, the Accord pretty much makes Acura redundant.
Now for profits, no big deal, everyone has had a drop in profits and revenues. Honda is not immune to the economy.
So overall, not raising an eyebrow about this report.
#19
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There are reasons, though, why Hondas cost a little more, and they're really not that much more expensive than the competition. But their build quality, when you look at sheet metal, trim, hardware, ease of control operation, door solidness, and many other features, not to mention engine technology and efficiency, is some of the best in the industry (non-hybrid Honda engines have some of te best MPG figures in their class). And, once again, it is Consumer Reports' highest-rated nameplate for general reliability, and highest-overall-rated nameplate in general.
When I reviewed a Honda CR-V some months ago, for example, I was floored by the quality of the paint, exterior and interior hardware....for a base price of roughly 20K. A friend of mine recently bought a new Accord (partially with my help), and it, too, has Swiss-Watch build quality.
When I reviewed a Honda CR-V some months ago, for example, I was floored by the quality of the paint, exterior and interior hardware....for a base price of roughly 20K. A friend of mine recently bought a new Accord (partially with my help), and it, too, has Swiss-Watch build quality.
#20
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http://www.leftlanenews.com/honda-op...h-america.html
Honda says that reduced demand - down 9.9 percent overall during the quarter - hurt its operating profit.
Honda says that reduced demand - down 9.9 percent overall during the quarter - hurt its operating profit.
stop making ugly cars, and you can be in the black again.
#21
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I don't agree with this either, and I own two Hondas (02 ex V6, 04 ex-l). Honda seems to get a lot of praise becuase yes their overall build quality is far above the domestic nameplates, but as far as being top of their class, no way in hell. You mention the sound of the door when it closes - Yes it shuts with a nice quality noise (much better than a Taurus for instance), but is far from the vault like sound (or heft) of the Passat I also own. You mention sheet metal - Both of the Accords I have have larger body tolorances than the Passat. Both of the Accords have cheaper paint. They also both have unlined trunks with exposed wires and struts that intrude into the carrying area. On the inside you don't have to wait for one second to spot your first exposed screwhead (below the guage cluster overhang). The radio/HVAC bezel creaks when you push it inward - the leather that lines the seats is obviously inferior to the stuff found in the Volkswagen as too is the overall materials mix. Everything from the weather seal around the doors to the way the gear shifter shifts is inferior to the VW. Oh, and Honda doesn't have quite the illumination light show at night. Now you mention that for the price Hondas have a nice tradeoff, which I have to agree with (and why I have two). As for being the class benchmark for overall build quality and fit/finish, that they are not. Swiss-watch like build quality has always gone to the Germans and I don't see how Honda has ever truely enmulated that. Take a look at the new TSX/Pilot/Accord - They are all inferior, materials wise, to their predecessors.
#22
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Honda's main strong point was in Leasing its vehicles, now that the banks are having a hard time figuring out what these trucks and minivans are going to be worth in the future, the residuals are droping tremendously...ultimately raising the lease payment!! Couple this with an ugly truck(Honda Pilot) you can see why thier operating profits have dropped!!.
#23
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I don't agree with this either, and I own two Hondas (02 ex V6, 04 ex-l). Honda seems to get a lot of praise becuase yes their overall build quality is far above the domestic nameplates, but as far as being top of their class, no way in hell. You mention the sound of the door when it closes - Yes it shuts with a nice quality noise (much better than a Taurus for instance), but is far from the vault like sound (or heft) of the Passat I also own. You mention sheet metal - Both of the Accords I have have larger body tolorances than the Passat. Both of the Accords have cheaper paint. They also both have unlined trunks with exposed wires and struts that intrude into the carrying area. On the inside you don't have to wait for one second to spot your first exposed screwhead (below the guage cluster overhang). The radio/HVAC bezel creaks when you push it inward - the leather that lines the seats is obviously inferior to the stuff found in the Volkswagen as too is the overall materials mix. Everything from the weather seal around the doors to the way the gear shifter shifts is inferior to the VW. Oh, and Honda doesn't have quite the illumination light show at night. Now you mention that for the price Hondas have a nice tradeoff, which I have to agree with (and why I have two). As for being the class benchmark for overall build quality and fit/finish, that they are not. Swiss-watch like build quality has always gone to the Germans and I don't see how Honda has ever truely enmulated that. Take a look at the new TSX/Pilot/Accord - They are all inferior, materials wise, to their predecessors.
Nice write up, I do agree with on the fact that the VWs interior looks and feels better. on the other hand, try driving a 5 year old VW, and tell me if that interior creeks and squeeks more or a Honda's interior does!! VW are electrical nightmares.....I can name more than a few instances where the dealer couldn't figure out the problem after having the car there for a good few months!! Yes, I do agree with you on the fact that that interior quality has gone down in the newer cars in general compared to the models they replaced....there is a reason for that....5 years ago...new camry's msrp was around 21k, now that same car's msrp is around 22k.....but now that same car comes with 5 more airbags, and few other options that are standard....what do you think is sacrificed....quality of the parts used, one of the best places to do that and not cost the reliabilty is in the interior accents and materials used!! VWs are nice cars....only to lease, not to own. Matter of fact that applies to all German cars in my opinion!
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Nice write up, I do agree with on the fact that the VWs interior looks and feels better. on the other hand, try driving a 5 year old VW, and tell me if that interior creeks and squeeks more or a Honda's interior does!! VW are electrical nightmares.....I can name more than a few instances where the dealer couldn't figure out the problem after having the car there for a good few months!! Yes, I do agree with you on the fact that that interior quality has gone down in the newer cars in general compared to the models they replaced....there is a reason for that....5 years ago...new camry's msrp was around 21k, now that same car's msrp is around 22k.....but now that same car comes with 5 more airbags, and few other options that are standard....what do you think is sacrificed....quality of the parts used, one of the best places to do that and not cost the reliabilty is in the interior accents and materials used!! VWs are nice cars....only to lease, not to own. Matter of fact that applies to all German cars in my opinion!
Last edited by FKL; 10-30-08 at 12:56 AM.
#25
Honda had the best year back in 2000. Every car in their line-up had its own unique design and engine/trim. Now the design has gone down the drain and fit and finish has gone down too along with other issues IMO.
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