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Sedans Luxury Lounge
21430 messages, Last post on Nov 29, 2009 at 6:29 PM
You are in the Sedans Forum. Your Hosts are pat & karens
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So based on the article below Honda has decided to: Avoid making all RWD cars (NSX, S2000 and RWD Acura Sedans) Avoid building a V8. Avoid building exciting sports cars like the NSX and S2000. Potentially pulling the plug on the Acura Legend (RL). If I owned an Acura dealership I would be concerned, very concerned. link title |
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Replying to: dewey (Jan 06, 2009 12:29 pm) Regards, OW
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Unlike medicine or engineering, investing is one profession that does not require much aptitude. Believe me I am just an average schmuck whose able to make a living in the investment industry. Fortunatley for me I dont have the aptitude to develop those PHD complex risk models that have ruined many finacial firms and individuals. And fortunately I dont have that Nostradamus chyrstal ball that will tell me market ranges by mid 2009. Otherwise I'd be pursuing my career elsewhere. As Warren Buffett once said an investor with average intelligence and self control is likely to be far more successful than a genius who is driven by emotions. Anybody who bases his ego and and his whole life on his personal balance sheet should be investing only in risk free Government paper. Otherwise high risk investing can be as deadly as Russian Roulette. God bless poor Adolph Merckle and his family. |
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Replying to: circlew (Jan 06, 2009 12:43 pm) As I said I think the luxury segment will become far more exclusive and smaller in future years. The incumbents with heritage in such a market will become strongest while a brand like Acura which has always struggled to define themselves in the luxury segment will become irrelevant.
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Replying to: dewey (Jan 06, 2009 12:55 pm) Perhaps Acura has caught the dreaded GM influenza of the past! Regards, OW |
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Replying to: dewey (Jan 06, 2009 12:55 pm) They can't offer the badge, or the dedicated RWD platforms, or the materials quality. Why pay $43k for an ugly, glorified Accord? |
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Replying to: garyh1 (Jan 05, 2009 1:01 am) good to hear about your successful sale and even better to hear about your new object of interest: A MB S Class. Pardon me for being such a simple Luddite but I am not as informed about the new MB S Class as I am about MBs from the 1970s or before that time. A spanking new S Class, a 2 year old S Class or your current Lexus LS? All three sound great to me. You cant go wrong with that choice. Good luck with whatever you choose.
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Lexusguy and Circlew, I think this latest news proves that Honda is raising the white flag in the luxury segment. Acura may soon become Honda's Oldsmobile.
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Replying to: dewey (Jan 06, 2009 4:46 pm) Regards, OW |
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