Aside from the cancellation of the NSX successor, the financial crisis that has hit the automobile industry has also forced Honda to withdraw from all Formula One activities, making 2008 the last season of participation for the Japanese company.
Though not as near as significant, Takeo Fukui revealed that Honda has also abandoned its prior plan to introduce the Acura brand in the Japanese market around 2010. On the bright side, Fukui confirmed once again that Honda's all-new sporty hybrid vehicle based on the CR-Z will go on sale by the end of 2010.
The Shanghai Auto Show brought some exciting news for Honda fans as the Japanese automaker revealed plans for the development of a new sports car that will be the spiritual successor to the iconic Honda NSX (Acura NSX in North America). Speaking on the...
Earlier this week, Honda released the first official details and a photo of its new HSV-010 GT, which stands for Honda Sports Velocity, and has been developed to replace the racing variant of the NSX in the GT500 class of the 2010 Super GT Series. Now...
With the auto industry feeling the pinch or rather the punch of the global financial crisis, carmakers are looking for ways to cut down expenses, and that includes their participation at auto shows. Now Honda has become the first major automaker to officially...
British car magazine Autocar is reporting that Honda's new restructuring plan will lead to the death of more models than initially thought as the company strides to cope with slowing demand worldwide. Aside from the NSX, the Brits support that Honda...
Honda made it official that it will launch four new hybrid models into a market that has been dominated for years now by Toyota. The announcement was made in a speech by Mr Fukui, President and CEO of Honda Motor Co. in Tokyo today (May 21). The Japanese...