Comments on: Honda, Nissan, Mazda to seek Japanese government help

By: Captain Mainwaring

Captain Mainwaring — Thu, 05 Mar 2009 17:38:23 +0000

Zool, don’t you mean a profitable BIG business? Hyundai/Kia is already bigger than Honda.

By: Zool

Zool — Thu, 05 Mar 2009 09:50:05 +0000

I have owned 3 honda’s in the past (2 civics & a CRV). Each car was bought new and gave me trouble free motoring for years. HOWEVER, somewhere along the road Honda stopped listening to its customers and the competition caught up. I now drive a Kia Sorento Turbo Diesel and have never looked back. Honda and Toyota are asleep at the wheel and its showing. Hyundai & Kia have a profitable little business and will continue to prosper whilst the established brands continue to lose market share.

By: Captain Mainwaring

Captain Mainwaring — Thu, 05 Mar 2009 07:38:16 +0000

In pure numerical terms there are currently enough unsold new cars parked around the world to cope with forseeable demand for about five months if not another one was built.
Even if demand recovers to about 80% of where it was (it’s currently running at about 65%), it’s abundantly clear that global production needs to be about half of recently historical levels for at least the next three years.
There are going to be some very big casualties.

By: Matty

Matty — Thu, 05 Mar 2009 06:40:42 +0000

The salesman how is Hyundai/Kia going they seem to the only car company not drowning.I have two Hyundai’s in my garage it is easy to see why.Well it is when you have an open mind.