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Another One Bites the Dust; Honda's NSX cancelledThis is a discussion on Another One Bites the Dust; Honda's NSX cancelled within the Honda forums, part of the Japanese Cars category; Hard times for Honda as it bins its new supercar Honda CEO Takeo Fukui said today that his company has ... |
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12-17-2008, 09:45 AM
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  | Another One Bites the Dust; Honda's NSX cancelled Hard times for Honda as it bins its new supercar Honda CEO Takeo Fukui said today that his company has been forced to cancel the next-generation NSX because of the global economic conditions. He made the announcement during a speech outlining the carmaker’s revised economic forecast. The Nikkei news service also reported that the firm would not be bringing the Acura brand to Japan. ‘The situation is worsening by the day, and there is no prospect for recovery, is our understanding,’ Fukui told reporters. The NSX was expected to be a V10 sports car and it is reported that the car was almost production-ready. The project had encountered a number of problems but these had been overcome and it was in the late stages of development. The Honda boss had previously told Autocar at the end of last year that the new NSX is ‘necessary for Honda’. The company reportedly indicated its operating profits will be 180 billion yen ($2 billion), down 67% from the forecasted 550 billion yen. Honda was recently forced to pull out of F1 to save money. The company has spent an estimated £300m on F1 each year and has decided it can no longer afford to be involved in the sport. Source at Pistonheads: HONDA CANCELS NEW NSX Jeez... more doom and gloom for makers from the land of the much slower rising sun. Depressing stuff...
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12-17-2008, 09:54 AM
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| Re: Another One Bites the Dust; Honda's NSX cancelled Unbelievable!   
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12-17-2008, 10:49 AM
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| Re: Another One Bites the Dust; Honda's NSX cancelled They could at least show us the latest scetches! I'm dying of curiosity 
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12-17-2008, 11:13 AM
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| Re: Another One Bites the Dust; Honda's NSX cancelled No reason why not but, does it really matter? Another strange news from unexpected corner!  Nsx was the only Honda I respect! Now they're killing it & it does not looks good from any angle! 
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12-17-2008, 02:04 PM
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| Re: Another One Bites the Dust; Honda's NSX cancelled Man, it's tough out there. Every auto company is just hunkering down and cutting costs wherever they can - even companies like Honda, who is not experiencing anywhere near as much pain as others. It's a shame - I was really looking forward to the new NSX.
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12-17-2008, 02:14 PM
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| Re: Another One Bites the Dust; Honda's NSX cancelled This is much more understandable than the F1 windthraw crap.
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12-17-2008, 07:11 PM
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| Re: Another One Bites the Dust; Honda's NSX cancelled Nissans probabily having a party right about now.  Last edited by bmer; 12-21-2008 at 12:13 PM. Reason: Advertisement removed |
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