Ski_Banker
Suspended
Unofficial Thread - How Honda Did/Not Fail the NSX
Note: I think this should be a "sticky" thread, just because the subject comes up in every other thread in "2nd Gen NSX" discussions. If we keep all our rants (and raves) together, it will be easier to eventually email [email protected] :wink:
I'll be the first batter.
If *I* were a management consultant (which I'm not, thank god) I would open my Porter or strategy book and say that Honda's brand is Technology and Innovation. As an enterprise, Honda will succeed by taking action in support of Technology and Innovation. Nothing new...
The NSX is a perfect example of just such a strategy. Also on that list, you can add: Honda Insight, Honda Jet, others?
My point: The NSX did exactly what it should have - revolutionized the top-tier automotive world. Can it be done again, at a price level that is even remotely related to Honda? Probably not. The competition in the $100k+ space is just too great now, and the margin between "the best" at <$250k and "the good" at $80k is just too slim. This actually makes sense, economics-wise, because the high cost of technological innovation is first spread to those with the deepest pocket books. Then everyone else gets it. Like your plebian Razr phone and VTEC Civic.
To conclude, I don't think Honda "failed" the NSX (although some simple updates should be been done) but that the market has just done a much better job at innovating than Honda expected, when proposing NSXv2 every year over the last 8 years. And, a new NSX that isn't groundbreaking, is a waste of the company's time.
As a final point, the fact that the NSX has remained in the marketplace for 15 years actually strengthens the point that the vehicle was revolutionary for its time. They could probably run some pretty neat advertisements with the NSX side by side of world events and other cars over the last 15 years.
(Nevertheless, I would like to see a V10 mid engined revolutionary rocket ship in one of the "H" or "A" dealerships in the next few years :wink: ).
Note: I think this should be a "sticky" thread, just because the subject comes up in every other thread in "2nd Gen NSX" discussions. If we keep all our rants (and raves) together, it will be easier to eventually email [email protected] :wink:
I'll be the first batter.
If *I* were a management consultant (which I'm not, thank god) I would open my Porter or strategy book and say that Honda's brand is Technology and Innovation. As an enterprise, Honda will succeed by taking action in support of Technology and Innovation. Nothing new...
The NSX is a perfect example of just such a strategy. Also on that list, you can add: Honda Insight, Honda Jet, others?
My point: The NSX did exactly what it should have - revolutionized the top-tier automotive world. Can it be done again, at a price level that is even remotely related to Honda? Probably not. The competition in the $100k+ space is just too great now, and the margin between "the best" at <$250k and "the good" at $80k is just too slim. This actually makes sense, economics-wise, because the high cost of technological innovation is first spread to those with the deepest pocket books. Then everyone else gets it. Like your plebian Razr phone and VTEC Civic.
To conclude, I don't think Honda "failed" the NSX (although some simple updates should be been done) but that the market has just done a much better job at innovating than Honda expected, when proposing NSXv2 every year over the last 8 years. And, a new NSX that isn't groundbreaking, is a waste of the company's time.
As a final point, the fact that the NSX has remained in the marketplace for 15 years actually strengthens the point that the vehicle was revolutionary for its time. They could probably run some pretty neat advertisements with the NSX side by side of world events and other cars over the last 15 years.
(Nevertheless, I would like to see a V10 mid engined revolutionary rocket ship in one of the "H" or "A" dealerships in the next few years :wink: ).
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