jero
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I'm just going to do this every month as a FYI. I will also include avg gas prices in the US (price is actually for the end of the month with recorded sales), and total new US inventory according to cars.com.
We'll see if there are any trends with gas prices/availability/weather/or ???
CR-Z sales summary:
2010
August - 694 (7 days)
September - 1276
October - 1419
November - 1024
December - 876
2011
January - 894
February - 1091
March - 1,685
April - 1,819
May. - 1557
June - 966
July - 878
August - 745
September - 537
October - 289
November - 305
December - 564 ($3.26)
2012
January - 363 ($3.42)
February - 466 ($3.72)
March - 536 ($3.90/gal, Cars.com = 847 available)
April - 334 ($3.80/gal, Cars.com = 713)
2010 monthly avg... 1322
2011 monthly avg... 944
2012 monthly avg... 425
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Chris David
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The numbers suggest that there is might actually inverse relationship between gas prices and CR-Z sales. This seems counter-intuitive. Also the mild winter, which would normally help the sale of sporty cars doesn't seem to have made the expected impact. Perhaps the decreasing sales are attributable to some other outside factor I'm overlooking, or maybe the there is too much noise in the data to pick out the trend lines. Or maybe the car just sucks.
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iahs2k
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Kill this piece of crap failure car.
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Waldo
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Chris David wrote:
The numbers suggest that there is might actually inverse relationship between gas prices and CR-Z sales. This seems counter-intuitive. Also the mild winter, which would normally help the sale of sporty cars doesn't seem to have made the expected impact. Perhaps the decreasing sales are attributable to some other outside factor I'm overlooking, or maybe the there is too much noise in the data to pick out the trend lines. Or maybe the car just sucks.
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. . . or maybe the CR-Z is suffering the same fate as the Fit. Japanese production lines are running full tilt, and the CR-Z does not offer enough profit for Honda USA to demand larger production allocation. Look at the advertising for clues. Honda does not advertise the CR-Z at this time. This almost always means they don't want to sell them.
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jero
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Did they advertise the S2000? Original NSX? Prelude? Integra/RSX?
Did they not want to sell those either?
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DrWhiner
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"There are three kinds of lies: lies, damned lies, and statistics."
How many CR-Z is lying around, piling up in the lot?
What is the turn rate?
Can it be a lack of supply? or lack of interest?
See also: http://vtec.net/forums/one-message?message_id=1062929&news_item_id=1060913&thread_style=fancy
There was a saying: "[T]here are known knowns; there are things we know we know.
We also know there are known unknowns; that is to say we know there are some things we do not know.
But there are also unknown unknowns – there are things we do not know we don't know."
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jero
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What came first... lack of supply, or lack of interest?
I can guarantee you if the CR-Zs were an in demand item, the supply would increase accordingly and the resale values would reflect it as well.
You can show us the Fit stats all you want, but this isn't about the Fit now is it?
Are you going to tell us the RL sales are low due to supply as well?
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DrWhiner
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1. No. The stats are not about Fit only. Can you read?
2. What kind of guarantee can you provide that "if the CR-Zs were an in demand item, the supply would increase accordingly"? Can I take it to the bank? LOL.
3. You still have no proof that low CR-Z sales is caused solely by a lack of demand.
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jero
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Let me guess... the lack of RL/ZDX sales also is not due to a lack of demand.
Let the months roll by Doc, surely sales will eventually reflect the strong demand for the CR-Z!!
15,000/year? No problem!!!!
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DrWhiner
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Sorry, you are starting to go wild:
"All dogs have four legs; my cat has four legs. Therefore, my cat is a dog."
Even if you are correct that RL/ZDX are not selling is because of low demand, you still cannot jump to the conclusion that the same happens for every car with low sales.
P.S. ^^ I think Ferraris are not famous for selling in great numbers, is it because of demand? or supply?
LOL
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jero
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If the demand for the CR-Z was there in the US, then allocation for the US would improve. It's not, so it won't.
If you were correct in that it was a supply issue, then resale values would reflect this demand as well. They don't. Barely used CR-Zs are easily found significantly discounted which means... drum roll please... we do not have significant demand outweighing supply.
If Honda increased supply, the value would drop even more, because... again, the demand simply does not exceed supply.
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DCR
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Dress it up any way you want, but the problem is demand.
The CR-Z is simply package incorrectly for the US market.
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DrWhiner
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jero wrote:
If the demand for the CR-Z was there in the US, then allocation for the US would improve. It's not, so it won't.
If you were correct in that it was a supply issue, then resale values would reflect this demand as well. They don't. Barely used CR-Zs are easily found significantly discounted which means... drum roll please... we do not have significant demand outweighing supply.
If Honda increased supply, the value would drop even more, because... again, the demand simply does not exceed supply.
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Have you heard that the M.B. S-class held its value as worst as a Hyundai Accent? Hmm, can you explain what are the implications to me?
P.S. I wonder why not one Honda is lumped into those ... hmm, certainly not as worst as you describe... LOL.
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DrWhiner
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jero wrote:
If the demand for the CR-Z was there in the US, then allocation for the US would improve. It's not, so it won't.
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Oh, BTW, would you also post a comparison of sales betweem Prius C and FR-S?
It seems there is pent up demand for both, if what you said is true that supply would incease to meet demand, then sales should reflect the relative demand of both. We'll see.
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ClementZ
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Chris David wrote:
The numbers suggest that there is might actually inverse relationship between gas prices and CR-Z sales. This seems counter-intuitive. Also the mild winter, which would normally help the sale of sporty cars doesn't seem to have made the expected impact. Perhaps the decreasing sales are attributable to some other outside factor I'm overlooking, or maybe the there is too much noise in the data to pick out the trend lines. Or maybe the car just sucks.
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It's not that it sucks, it's just not as good as it could be.
Apparently the original CRX returned better FE numbers, and was more fun to drive.
This CR-Z isn't bad, there's just no reason to buy it over say, an Si (which returns similar FE numbers).
Furthermore, for a Hybrid, mileage is pretty bad.
Honda needs to make some serious improvements if they want to sell more of those cars.
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