[home][rumors and news][model release matrix][dealer network][desktop calendar][exhaust notes][tov forums][links][search][sponsors][garage][login]

Tire Rack Upgrade Garage
 Search for a Dealer:
 Canadian Flag US Flag
 Honda Acura
 ZIP  
Acura
There are currently no active Acura promotions
Honda
There are currently no active Honda promotions
Road & Track dyno tests 9th gen Accord V6 MT vs 2018 Accord 2.0T 10AT
More.......................
2018 Acura RLX Arrives in Showrooms with Striking Redesign
More.......................
American Honda Reports Sales Figures for October 2017
More.......................
Second-Generation NSX “Dream Project” by ScienceofSpeed to Debut at SEMA
More.......................
Honda Reveals their Sports EV Concept
More.......................
Watch Live: Honda Reveals their Sports EV Concept at the Tokyo Motor Show
More.......................
American Honda reports strong sales numbers for September 2017
More.......................
Honda will be showing a Sports EV Concept at the 2017 Tokyo Motor Show
More.......................
Strictly Technical --> Re: Krell audio system
Join Discussion......
Repair and Maintenance --> Re: Tough Brake Job - TL SH-AWD
Join Discussion......
Accord --> Re: 2018 Accord Sport - Sport Mode on CVT but not 6MT?
Join Discussion......
Civic --> Re: Sonic Grey CTR
Join Discussion......
General Talk --> Re: G70: Korean Entry-level Luxury domination on the rise?
Join Discussion......
General Talk --> Re: Why is Acura being so quiet?
Join Discussion......
Professional Motorsports --> F1 - 2017 Abu Dhabi Grand Prix
Join Discussion......
Today's Reading Links --> Re: The Tesla semi truck is pure fantasy. Look at the numbers
Join Discussion......
Accord --> Re: 2.0T is up on the Honda US website
Join Discussion......
General Talk --> It All Started With A Silver ‘86 Accord LX 4-Door
Join Discussion......
Today's Reading Links --> Re: Honda to halve electric cars' charging time to 15 minutes
Join Discussion......
Audio & Electronics --> Re: Sony XBR65A1E for $3500 + sales tax
Join Discussion......
Fuel Cell Technology --> Re: 16 more H2 stations will be online soon
Join Discussion......
Fuel Cell Technology --> Nikola Motor
Join Discussion......
Today's Reading Links --> Re: Jaguar E-Pace
Join Discussion......
Forbes Commentary on why Acura Trails the Competition
 Date: February 23, 2004 13:21
 Submitted by:  JeffX
 Source: Forbes.com
 Credibility Rating: N/A


'NSXNV' sent the following link to me this morning:
http://www.forbes.com/2004/02/23/cx_dl_0223feat.html
This is an editorial by Dan Lienert entitled "Why Acura Isn't Keeping Up"

Resembling many of the discussions found here in the TOV's news section and discussion forums, the story attempts to explain why Acura's currently "struggling" to keep up with its rivals. To illustrate its point, the piece enumerates several reasons for Acura's identity crisis, including: "Acura's weaknesses are an unexciting image fueled by boring designs, a limited range of vehicles and an underperforming dealer network."

If I can offer my own opinion here, I only partially agree with this particular statement. It's a bit unfair to call Acura's current designs "boring", and I believe the sentence's second point is almost entirely responsible for the third point. I agree that Acura's limited range of vehicles is probably hurting it to some extent, but this is exactly what's leading to "underperforming" dealers - fewer models means fewer sales and less profits per dealership. By not addressing as many segments of the market as their competitors, Acura's not going to be attracting as many shoppers. Plain and simple. This has been a shortcoming of Honda and Acura for a while - they do a great job addressing and capturing young buyers, but when young buyers mature and graduate into ever higher tax brackets, the mostly mainstream offerings from Acura and Honda lose their appeal.

Later in the piece, several questions are posed, with the following series catching my eye: "From a performance standpoint, why are there no eight- or ten-cylinder Acuras? Why is the NSX, which has a volume in the 200s, the only Acura with rear-wheel drive?" This question is ages old by now, and for a while the answer seemed relatively simple: Acura wasn't interested in playing in that space. Now with a new CEO (Takeo Fukui) driving HMC, the possibility exists for some changes to be made. Since he's only been holding the title for less than a year now, it's a little difficult to gauge precisely where Acura's headed, but Mr. Fukui has made several statements indicating that he's not interested in fielding non-competitive vehicles, and that he understands the expectations of the market. Whether that means HMC will see fit to take on the likes of Mercedes, BMW, Lexus, etc.. on a full-range basis remains to be seen.


Last edited by JeffX on February 23, 2004 13:31

Click Here to Submit Your Comments

Viewing Threshold (What is this?)

[fancy] [flat] [simple]
Subject Thread Originator Replies Last Post
  Yawn... gas is at 2.20 a gallon
TonyEX 14
  Another I need a V8 just because.
AcuraSM 14
  Errr...BMW?
Atomic Frog 13
  I agree with one point - RWD platform
TR 0
  Thoughts parallel with Forbes article
dohc89 2
  Haven't Honda sales been growing lately?
96civicEX 7
  What if...
OHV 0
  Compete or profit?
Mr-914 1
  may I offer suggestion to Fukui-san?
civic_cx_92 0
  Oh, you mean the Integra company?
Power Of Dreams 4
  Honda Has Some "Tricks" Up Their Sleeves
Waatdaehell 0
  ...what's the brand???
canuck-in-NY 0
  Screwed up in the mid-90's
FMKorg 0
2018 Acura RLX PR Photo Gallery
Read Article....................
TOV First Drive: 2018 Honda Accord
Read Article....................
2018 Honda Accord Specifications and Features (FINAL)
Read Article....................
2018 Honda Accord Hybrid PR Photo Gallery
Read Article....................
2018 Accord Touring 2.0T PR Photo Gallery
Read Article....................
2018 Accord Touring 1.5T PR Photo Gallery
Read Article....................
Contact TOV | Submit Your Article | Submit Your Link | Advertise | TOV Shop | Events | Our Sponsors | TOV Archives
Copyright © 2017 Velocitech Inc. All information contained herein remains the property of Velocitech Inc.
The Temple of VTEC is not affiliated with American Honda Motor Co., Inc. TOV Policies and Guidelines - Credits - Privacy Policy