Cars
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 pull out of the forthcoming 2009 Frankfurt Motor Show in Germany this September. "Due to the unprecedented market downturn, Honda has come to a conclusion that the company will have to skip its participation to the Frankfurt motor show this year," the company said in a statement.
- Honda Teases New Civic Station Wagon And Shows New Civic 1.6l Diesel In Paris
Honda appears to be full of surprises these days. Just last week, the Japanese automaker's CEO confirmed the development of several cars including a Civic Type R hot hatch for Europe, a new Jazz / Fit supermini that will also spawn an SUV derivative,...
- Honda President Says Nsx Successor Back On Track, May Use A Hybrid Drivetrain
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...
- Hyundai Pulls Out Of 2009 Tokyo Motor Show, Alpina And Lotus The Only Foreign Brands To Participate!
Less than a month before the 41st Tokyo Motor Show opens its doors to the members of the press and the public alike, and the last major foreign automaker that was planning to take part at the car show, South Korea's Hyundai Motors, decided to drop...
- Nissan To Skip Frankfurt, Detroit, La And Other Shows In 2009-2010
Hard-hit from slumping auto sales, Nissan has decided to pass over most of the major international car show during the new business year, which runs from April 1, 2009, through March 31, 2010. The Japanese firm said that it has selected New York 2009,...
- Honda Officially Cancels Development Of V10-powered Nsx Successor
To the bitter disappointment of sports car fans, the latest victim of the global economic recession is the next-generation Honda / Acura NSX supercar which has been canned. The announcement was made today by Honda CEO Takeo Fukui at his end-of-year speech....
Cars
Honda Pulls Out from 2009 Frankfurt Motor Show
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 pull out of the forthcoming 2009 Frankfurt Motor Show in Germany this September. "Due to the unprecedented market downturn, Honda has come to a conclusion that the company will have to skip its participation to the Frankfurt motor show this year," the company said in a statement.As part of its cost-cutting plan, Honda announced in December 2008 that it would withdraw from all Formula One activities while the automaker has also cut down on other 'expenses'. "Honda is trying to reduce every possible cost in various areas including manufacturing, sales and marketing activities to strengthen its business constitution to overcome the tough climate of today," the automaker said.
- Honda Teases New Civic Station Wagon And Shows New Civic 1.6l Diesel In Paris
Honda appears to be full of surprises these days. Just last week, the Japanese automaker's CEO confirmed the development of several cars including a Civic Type R hot hatch for Europe, a new Jazz / Fit supermini that will also spawn an SUV derivative,...
- Honda President Says Nsx Successor Back On Track, May Use A Hybrid Drivetrain
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...
- Hyundai Pulls Out Of 2009 Tokyo Motor Show, Alpina And Lotus The Only Foreign Brands To Participate!
Less than a month before the 41st Tokyo Motor Show opens its doors to the members of the press and the public alike, and the last major foreign automaker that was planning to take part at the car show, South Korea's Hyundai Motors, decided to drop...
- Nissan To Skip Frankfurt, Detroit, La And Other Shows In 2009-2010
Hard-hit from slumping auto sales, Nissan has decided to pass over most of the major international car show during the new business year, which runs from April 1, 2009, through March 31, 2010. The Japanese firm said that it has selected New York 2009,...
- Honda Officially Cancels Development Of V10-powered Nsx Successor
To the bitter disappointment of sports car fans, the latest victim of the global economic recession is the next-generation Honda / Acura NSX supercar which has been canned. The announcement was made today by Honda CEO Takeo Fukui at his end-of-year speech....