JDM Accord no more (ie: no more euros)

[Fredoops]

While sales may be good here, I'm not sure on how they do overseas, I'm sure they would have speculated that on an overall view, this is a more profitable venture. I cannot imagine that they would cut a major source of revenue without calculating other means of returns.

CL9 was a good seller in Europe, but by the time CU2 comes out the accord sales in Europe died
in the US, where the Euro was sold as Acura TSX, was cannibalizing sales off the Acura TL, which was made in US with higher profit margin.
Which is why theyre dropping TSX in the US.

take away europe and us, there is no business case for the euro from a honda head office point of view.

but for honda australia.... well they're up sh1ts creek

[fillit]

depreciation for honda's have been pretty bad. personally i call it the japanese BMW when it comes to depreciation.

Ever had a Toyota or Mitsubishi or Nissan (other than the sports cars). They are terribad, Honda's actually hold their value relatively well.

[sensei_]

Ever had a Toyota or Mitsubishi or Nissan (other than the sports cars). They are terribad, Honda's actually hold their value relatively well.

bear in mind, honda's usually have a slight premium for new cars. they are always more expensive than their competition, and not just in australia. ive noticed that in other markets, the brand honda is more of a "prestige" thing.

[fillit]

bear in mind, honda's usually have a slight premium for new cars. they are always more expensive than their competition, and not just in australia. ive noticed that in other markets, the brand honda is more of a "prestige" thing.

Not when you compare the price of of say a toyota camry to an accord 4 cyl or a toyota corolla to a civic, they are just as expensive. I remember the days when I was looking for a new car and toyota was wanting 22k or so for a base model corolla with no power windows on the rear, this was in 2009!. FFS my old 20 year old EG had power windows and power sunroof LOL.

The attractive feature about Toyota was the low comparison rate, it's pretty good if you have funds ready to make a significant deposit say 30% +, gives you a bit of financial freedom whilst enjoying a new car.

Because of the premium for the new cars, the drop in depreciation is higher in it's first 1 - 2 years, but then it becomes relatively stagnant, P plater tax also helps, not that it necessarily applies to the cars we are discussing about at the moment.

[sensei_]

Not when you compare the price of of say a toyota camry to an accord 4 cyl or a toyota corolla to a civic, they are just as expensive. I remember the days when I was looking for a new car and toyota was wanting 22k or so for a base model corolla with no power windows on the rear, this was in 2009!. FFS my old 20 year old EG had power windows and power sunroof LOL.

The attractive feature about Toyota was the low comparison rate, it's pretty good if you have funds ready to make a significant deposit say 30% +, gives you a bit of financial freedom whilst enjoying a new car.

Because of the premium for the new cars, the drop in depreciation is higher in it's first 1 - 2 years, but then it becomes relatively stagnant, P plater tax also helps, not that it necessarily applies to the cars we are discussing about at the moment.

its been awhile since ive looked at new cars so my information is more than likely out of date. these days, i let someone else take the hit on depreciation.

[3RotaRX]

I'm guessing the new Civic Type-R will be made in England?

[antony]

I believe we WILL be getting a new Euro next year.

The Acura TLX will be replacing the Acura TL and TSX/Euro,as they are now merging into one model,and this will be our new Euro,as well as the next Honda Spirior for the massive Chineese market.

It will probably be made for other world markets in the USA.

[ChaosMaster]

Does anyone have the current Honda sales figures? Wondering how they're doing now. I recall about a year ago, due to thai flooding and that, Euro was pretty much their only seller with around 3k sales per month, where as Civic and CRV were sitting on 50. Without the Euro back then, Honda would have gone bust already.

I never recalled the Euro being a top seller, I think commodore, mazda 6 and camry always sold in higher volumes.

Basic business decision is cost of development + production of euro is not as profitable as the accord. Therefore even if people forgo buying a Honda due to the Euro being taken off the market, there will still be an increase in the accord sales hence overall it's more profitable for the business as a whole. Also a lot of the volume of Mazda/Holden and Toyota sales are fleet cars, it's rare to ever have a Euro fleet car, with the FBT being changed, novated leasing is also less attractive hence natural decline in sales anyway.

On a personal note, I think the accord V6 was okay and I had put it into serious consideration. What put me off was Thailand build and gearbox.

If the regular Accord was better value, it wouldn't be a problem. The Euro was a segment leader, and won a few awards because of that. People were attracted to them because it was a great car. The Accord is like a premium Camry, but when paying 60k, you would think people would consider a Benz or Audi over it. And with the new VF out, it pales even further in comparison. Looking back in 2012, I think Honda only managed 30 000 sales, 90% of which were Euros. They reckon they're gonna hit 60 000 sales by 2015, but if they're going to drop the Euro, then at least 20 000 of those potential sales will be lost. Note I said 20 000 because I'm assuming that remaining 10 000 would look at the normal Accord which I doubt.

The good news, well, at least there will be more customers for the VF meaning more Aussie jobs for longer.

[Fredoops]

I believe we WILL be getting a new Euro next year.

The Acura TLX will be replacing the Acura TL and TSX/Euro,as they are now merging into one model,and this will be our new Euro,as well as the next Honda Spirior for the massive Chineese market.

It will probably be made for other world markets in the USA.

I don't think so.

China wont be replacing the Sprior cause they got the Crider, and Europe is about to be dropping the Accord altogether.

Crider cost half as much as the Sprior, and Sprior sales were dismal, in 2011 it sold 17,000 in China, 29% of Hondas sales target, that's 3 years after release. Honda wanted to sell 60k Spriors a year, they aren't even reaching 20

Would you keep a production line for 15000 cars with a lower profit margin (due to fully imported parts)? China dealers had been dropping something like 15% of RRP just to shift stock.

Look at the 2015 tlx test mule, the things huge, and it's based on the big accord, powered with a v6 it seems
http://www.caranddriver.com/news/201...os-future-cars

[Jasemas]

Don't want a v6
We want an i4 thats what makes a euro, a euro
As well as a lighter, nimble and rigid body
And dwb suspension ahaha

[denot]

I'm guessing the new Civic Type-R will be made in England?

Yes, and will be Turboed...

another reason why Accord will die in Australia:
http://www.motoring.com.au/news/2013...ars-only-38273
4 stars only!!! That is on par with Mahindra XUV500

[lolmclol]

lmao ancap safety ratings

who even considers that when buying a car