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TOV Forums > Civic > > Re: Honda Hurries to ReDo Civic

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Mr. Taggart
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Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-01-2011 18:46
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CR-V9 wrote:
If you buy a controlling amount of shares you can get to tell them what to do. Not rich? Don't blame Ito.
I like Ito. I think Mendel is doing a good job, too.(i need a job. maybe one at Honda?)

I wonder what was it like. What was the French Revolution like? Khmer Rouge? Fire everybody and reboot the company? People's commitee? Only if the people's commitee can tell Honda what to do. It's a business company, though.
No, I'm nobody. What I say don't matter. Honda is not listening here. If they do, that is the problem!

Did I say I like Ito? I mean Mr. Ito.




Yeah Ito is leading Honda stock price to a seven year low. Great job. And btw whatever each of individually think doesn't matter but will eventually be felt as a collective impact at some point in the next couple of years. Don't think the cratering stock price is only based on current events but also the long term outlook for earnings which cotinues to trend down.

But I would recommend you for the Honda job as I am sure you can put your head in the sand like the rest of the staff. Maybe the ostrich should be the company bird.
Ultima
Profile for Ultima
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-01-2011 18:52
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Powered by Honda wrote:
Future Wiki article under Ito's name:

"the man who destroyed honda's soul" Ito!



X2 I will continue to root for Honda's failure until this idiot is fired. Flame on Honda fanboys.
CR-V9
Profile for CR-V9
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-01-2011 19:16
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7 year low? It was at $16.68 on April 2003. the lowest in last 7 years. Today it closed at $30.10.
? ? ?
You could sell short if you think it will go down to the 7 year low.




Oh... that's where sands in my ears, mouth, nose and hair came from ...
Carmissimo
Profile for Carmissimo
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 06:37
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In a time when money is tight, what you would have is folks who would be looking at an Accord consider stepping down to a Civic. Hence the goal should have been to engineer the Civic closer to the Accord for Civic prices, not to take the Civic further downstream.

But hey, what do I know. No one is paying me to market stuff.
Phil17
Profile for Phil17
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 12:00
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Guys, I'm just wondering out of curiosity... Why would honda confirm that the MMN would arrive earlier? Doesn't that just kill the sale of the existing civic since ppl would:

a) hold out
b) think the Civic is bad considering they're changing it so quickly

I'm just not sure it makes any business sense...I do think the new civic sells pretty well in Canada. Seen a lot of them but there are good incentives on it unlike previous first year Honda's that sold at MSRP
Mr. Taggart
Profile for Mr. Taggart
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 12:44
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CR-V9 wrote:
7 year low? It was at $16.68 on April 2003. the lowest in last 7 years. Today it closed at $30.10.
? ? ?
You could sell short if you think it will go down to the 7 year low.




Oh... that's where sands in my ears, mouth, nose and hair came from ...



Sorry meant five year and if you look at Oct ending share price to this year October share price they are approximately the same. So seeing I bought in 2000 for 18 and if I had not sold earlier for 38 this year my return would have been 12/ share instead of 20 so my 11 year non compounded return which was 10.1% per year would have been 6.06% which is not any better than muni bonds were paying at the time. Or you can look at it another way that Honda has wiped out any appreciation it has had over the past five years.

The point still remains that Honda continues to a value destroyer and not creator at this point in time according to the market.

What does the sand in your ears think about that?
cforez
Profile for cforez
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 14:42
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HMC hit an all time high right before the earthquake/tsunami hit. If you bought Honda when the stock got sucked down by the the failure of the Big Three in 2008 (at a time when Honda was having record sales), you would have more than doubled your money at the peak, and are still making over a 50% return plus dividends today.
Mr. Taggart
Profile for Mr. Taggart
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 14:57
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cforez wrote:
HMC hit an all time high right before the earthquake/tsunami hit. If you bought Honda when the stock got sucked down by the the failure of the Big Three in 2008 (at a time when Honda was having record sales), you would have more than doubled your money at the peak, and are still making over a 50% return plus dividends today.


Sure, if you were buying the stock for pure speculation. If speculating why even buy a stock when you can leverage your assets by puts or calls? I bought for long term value and I do not see it returning to previous levels, hence I sold. Which was an answer to a question posed by a previous poster.
CR-V9
Profile for CR-V9
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 15:34
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Mr. Taggart wrote:
CR-V9 wrote:
7 year low? It was at $16.68 on April 2003. the lowest in last 7 years. Today it closed at $30.10.
? ? ?
You could sell short if you think it will go down to the 7 year low.




Oh... that's where sands in my ears, mouth, nose and hair came from ...



Sorry meant five year and if you look at Oct ending share price to this year October share price they are approximately the same. So seeing I bought in 2000 for 18 and if I had not sold earlier for 38 this year my return would have been 12/ share instead of 20 so my 11 year non compounded return which was 10.1% per year would have been 6.06% which is not any better than muni bonds were paying at the time. Or you can look at it another way that Honda has wiped out any appreciation it has had over the past five years.

The point still remains that Honda continues to a value destroyer and not creator at this point in time according to the market.

What does the sand in your ears think about that?


Hey, you made money. You probably know about stocks more than I do. If I knew I wouldn't be driving a CR-V, used one. I'd be driving a NSX, S2k, Bentley, Porche and an Accord with a TL-S's engine & suspension, oh and an 1.5l IMA Insight to go around my estate, main house to tea house.

What I know is that Only prices which matter are at what price I bought and at what price I sold. Buy low, sell high; sell high, buy back low in case of short selling.
There is no use for ifs, buts, could have beens, would have beens, should have beens and what you think?s.
Another one is you don't fall in love with the company.

I don't know about Honda stocks. I don't think Honda would do any wrong.
CR-V9
Profile for CR-V9
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 15:47
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I meant a Crosstour with a TL-S's engine & HFP suspension.
NealX
Profile for NealX
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 16:42
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CR-V9 wrote:
I meant a Crosstour with a TL-S's engine & HFP suspension.

That's already been done!
CR-V9
Profile for CR-V9
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 17:03
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Oh man. Did I tell you I don't have the money.
If ... If ...
cforez
Profile for cforez
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 17:43
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I'm a long-term shareholder too, also since 2000, and I saw that HMC was oversold in 2008, so I doubled down. That was my last HMC trade, so I'm no speculator. Sadly, my holdings are still relatively small potatoes.

I see right now as another buying opportunity, as Honda's problems, catering to car enthusiasts notwithstanding, are due to temporary production constraints caused by the tsunami in Japan and the flooding in Thailand. Once Honda gets its production sorted, I bet HMC will be a $40 stock again sometime in the next year or two- good for a 30% gain. maybe I should pick up some more shares...

Mr. Taggart
Profile for Mr. Taggart
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-02-2011 23:51
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cforez wrote:
I'm a long-term shareholder too, also since 2000, and I saw that HMC was oversold in 2008, so I doubled down. That was my last HMC trade, so I'm no speculator. Sadly, my holdings are still relatively small potatoes.

I see right now as another buying opportunity, as Honda's problems, catering to car enthusiasts notwithstanding, are due to temporary production constraints caused by the tsunami in Japan and the flooding in Thailand. Once Honda gets its production sorted, I bet HMC will be a $40 stock again sometime in the next year or two- good for a 30% gain. maybe I should pick up some more shares...



I wish I was as optimistic but explain to me how Honda is going to recover a HUGE loss of market share they have lost and are continuing to lose? How are they planning on luring back all of the lost customers with what a decontented civic that Ito has now decIded they have to reboot? It reminds me of apple and the 4g antenna problem. Nothing wrong with the product just stupid end users. Wait there is an issue and a fix and if you already bought too bad.

So Honda needs to either:
Provide more relative value vs. it's competitors which given the yen and reliance on Japan for key components
Or
Sells vehicles at a significant discount dragging down margins and profitability (and all Honda resale values to boot)
Or
Source more US components so cars can be sold at a lower price point which the way Honda is acting is not an option.

Given this explain why you expect cash flows to increase or company strategic risk to decrease; either would increase the stock
price.

Forget the whole green push and associated loss of performance oriented customers for now.

Powered by Honda
Profile for Powered by Honda
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-21-2011 22:38
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very cool pic Neal. That would be a sweet ride!!! Add SH-awd and 6mt and I'd take that wagon/hatch
NealX
Profile for NealX
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-21-2011 23:05
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Thanks, PbH. I'd totally drive that, too!
It's been a long time since I made that one, so it's a bit like looking at someone else's creation...
Tigerriot
Profile for Tigerriot
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-28-2011 10:16
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I think it's funny that "hurrying" is considered 2 years from now. lol

If they were truly in a hurt they could reboot the Civic in a year. That would be hurrying, and it could be done if they truly wanted to do it. They still think they're safe as is, which is exactly why they brought out the Civic they did.
garoto628
Profile for garoto628
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-28-2011 17:07
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"We take feedback seriously, regardless of who it's from, and we will act accordingly quickly," John Mendel, American Honda executive vice president, said in an interview.

"I don't know how much we can do, and how quickly," said Mendel

Mendel has no idea what to do, which is why I believe that launching a refreshed civic MMC for 2013 MY is not happening.

Usually MMCs for civics occur on the car's 3rd MY or 4th MY, if Honda really is attempting to pull it off, it will be no sooner than 2014 MY, which is just an MMC 1 MY ahead of the usual, and in my opinion, the damage to the civic nameplate will already be done by then.
Powered by Honda
Profile for Powered by Honda
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-28-2011 17:26
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garoto628 wrote:
"We take feedback seriously, regardless of who it's from, and we will act accordingly quickly," John Mendel, American Honda executive vice president, said in an interview.

"I don't know how much we can do, and how quickly," said Mendel

Mendel has no idea what to do, which is why I believe that launching a refreshed civic MMC for 2013 MY is not happening.

Usually MMCs for civics occur on the car's 3rd MY or 4th MY, if Honda really is attempting to pull it off, it will be no sooner than 2014 MY, which is just an MMC 1 MY ahead of the usual, and in my opinion, the damage to the civic nameplate will already be done by then.



have a little more faith in Honda. Sure they are a tiny company who's lost at the moment. But it's at our weakest time's we find our true self.

I expect Honda to be kings again in 10 years with 3 sport cars 1 halo car and every other car top of its class. Honda will no longer be the most profitable at this point however.

Unfortunately a new era of Honda soldiers will march in our paths and hold our candles. We will all be in 3 series of various kinds from 323i's to M3's.
garoto628
Profile for garoto628
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 11-28-2011 18:43
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Powered by Honda wrote:
garoto628 wrote:
"We take feedback seriously, regardless of who it's from, and we will act accordingly quickly," John Mendel, American Honda executive vice president, said in an interview.

"I don't know how much we can do, and how quickly," said Mendel

Mendel has no idea what to do, which is why I believe that launching a refreshed civic MMC for 2013 MY is not happening.

Usually MMCs for civics occur on the car's 3rd MY or 4th MY, if Honda really is attempting to pull it off, it will be no sooner than 2014 MY, which is just an MMC 1 MY ahead of the usual, and in my opinion, the damage to the civic nameplate will already be done by then.



have a little more faith in Honda. Sure they are a tiny company who's lost at the moment. But it's at our weakest time's we find our true self.

I expect Honda to be kings again in 10 years with 3 sport cars 1 halo car and every other car top of its class. Honda will no longer be the most profitable at this point however.

Unfortunately a new era of Honda soldiers will march in our paths and hold our candles. We will all be in 3 series of various kinds from 323i's to M3's.



I don't know about German cars. Lately I have realized how unreliable they are.

My next car is likely the new CRV, and after I'm done with that one, hopefully Honda still has something that appeals to me. As of now, they have been good to me with their product offerings. I had a 1997 civic during my teens, a civic Si during my early 20s, and now that a CRV is a perfect fit, I can understand how their lineup is very well thought of. Enthusiasts today still have an option, albeit not a very good one from an enthusiasts perspective, but they have one nonetheless.
TSX69
Profile for TSX69
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-16-2011 15:19
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Re-Redesign? Honda Already Planning Changes for New Civic
Honda plans to restyle the carís front and rear ends, make its interior more plush and luxurious, and boost its fuel economy in hopes of reaching 40 miles per gallon in highway driving, said the dealers, attending a conference here.

The redesigned version will be launched late in 2012 as the 2013 version of the car, they said. The car was unveiled earlier this year and was met with disappointing reviews, although it remains a top seller among compact cars. A Honda spokesman had no immediate comment on the dealer meeting.
ipribadi
Profile for ipribadi
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-16-2011 19:47
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TSX69 wrote:
Re-Redesign? Honda Already Planning Changes for New CivicHonda plans to ... boost its fuel economy in hopes of reaching 40 miles per gallon in highway driving, said the dealers, attending a conference here.
Would this mean the '13 Civic would get the dreamy earth treatment? :)
DCR
Profile for DCR
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-16-2011 23:35
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I want my redline back.
Waldo
Profile for Waldo
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-17-2011 21:34
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If this WJS article is correct, this will be the first time Honda has done a MMC after only one model year (actually 1 1/2 years of production).

It would be nice if they could meet the 40mpg goal with all standard production AT models, and not just some tricked-up eco-boost special model. I'm guessing they realize that they must put in a 6-speed AT to gain this, as well as deflect the sales pitches from the competition.
Powered by Honda
Profile for Powered by Honda
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-17-2011 23:54
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garoto628 wrote:
Powered by Honda wrote:
garoto628 wrote:
"We take feedback seriously, regardless of who it's from, and we will act accordingly quickly," John Mendel, American Honda executive vice president, said in an interview.

"I don't know how much we can do, and how quickly," said Mendel

Mendel has no idea what to do, which is why I believe that launching a refreshed civic MMC for 2013 MY is not happening.

Usually MMCs for civics occur on the car's 3rd MY or 4th MY, if Honda really is attempting to pull it off, it will be no sooner than 2014 MY, which is just an MMC 1 MY ahead of the usual, and in my opinion, the damage to the civic nameplate will already be done by then.



have a little more faith in Honda. Sure they are a tiny company who's lost at the moment. But it's at our weakest time's we find our true self.

I expect Honda to be kings again in 10 years with 3 sport cars 1 halo car and every other car top of its class. Honda will no longer be the most profitable at this point however.

Unfortunately a new era of Honda soldiers will march in our paths and hold our candles. We will all be in 3 series of various kinds from 323i's to M3's.



I don't know about German cars. Lately I have realized how unreliable they are.

My next car is likely the new CRV, and after I'm done with that one, hopefully Honda still has something that appeals to me. As of now, they have been good to me with their product offerings. I had a 1997 civic during my teens, a civic Si during my early 20s, and now that a CRV is a perfect fit, I can understand how their lineup is very well thought of. Enthusiasts today still have an option, albeit not a very good one from an enthusiasts perspective, but they have one nonetheless.



good luck with your new cr-v x-si brother. hehe :p
revvin
Profile for revvin
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-18-2011 01:14
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DCR wrote:
I want my redline back.


QFT
FiSH-Chan
Profile for FiSH-Chan
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-18-2011 01:21
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DCR wrote:
I want my redline back.


Who's stopping you from getting a used S2000 or Civic Si?
superchg2
Profile for superchg2
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-18-2011 07:18
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DCR wrote:
I want my redline back.

I want my MTV!
longhorn
Profile for longhorn
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 12-18-2011 09:58
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Waldo wrote:
If this WJS article is correct, this will be the first time Honda has done a MMC after only one model year (actually 1 1/2 years of production).

It would be nice if they could meet the 40mpg goal with all standard production AT models, and not just some tricked-up eco-boost special model. I'm guessing they realize that they must put in a 6-speed AT to gain this, as well as deflect the sales pitches from the competition.



Or a CVT.
TSX69
Profile for TSX69
Re: Honda Hurries to ReDo Civic    (Score: 1, Normal) 01-27-2012 07:39
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Honda's Ito sees profit surge in year of 'complete rebound'
Ito ruled out any major overhaul of the Civic after the current version of the sedan, which failed to receive the "recommended" status its predecessors had from Consumer Reports magazine, was the best-selling model in the compact-car segment in
 
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