16 Votes

Boost it!

Honda has announced it will delay the introduction of its premium Acura brand to Japan by at least two years.

The company was originally intending to bring Acura to its home market in 2008, but is changing its plans to a 2010-11 release. No specific reason was cited, except for the vague “[the decision was] based on a comprehensive evaluation of the current market environment.”

Both Lexus and Acura were started as premium brands in the US. Toyota introduced Lexus to the Japanese market in 2005 but sales initially sputtered until the LS was released late last year. Acura has no such super-premium model and will have to compete in the tough small-to-mid size market along with the German marques.



Read Article

Has Lexus Struggles In Japan Caused  Acura To Rethink Entry?

About the Author

Agent009

User Comments

Will_
Agent009
Will_
Agent009
Agent009
Agent009
Blakura
STJ88
Will_
M35MT
Dave
ctsang
M316
ashramboy
gsh23

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]