Sign in to follow this  
Followers 0
NewsFeeder

AutoBlog: Honda chief: "Hyundai is awesome."

5 posts in this topic

Filed under: Etc., Honda, Hyundai, Nissan

hyundaiexcelprintad.jpg
Old Hyundai Excel print ad. Nobody's laughing at Hyundai today.

Japan's automakers know a threat when they see one, and based on their words, it sure isn't in Michigan. Motown is fleeting image in the Japanese carmakers' rearview mirrors, which they're now nervously checking for a budding South Korean juggernaut. Honda CEO Takanobu Ito minced no words when he told the Associated Press, "Hyundai is awesome. They are undoubtedly a threat because their products are cheap, and the quality is improving." The numbers seem to bear that out, as Hyundai and its corporate sibling, Kia, continue to show substantial sales chart improvements in key markets like the Europe and the US, where it continues to show strong growth while many other automakers look at double-digit shortfalls year-over-year. Nissan's Shiro Nakamura echoes Honda's Ito when it comes to identifying Japan's new boogeyman, "Hyundai is the biggest threat for the Japanese automakers. They have the technology, but they seem to have cheaper labour."

Hyundai, once basically a joke (we all remember such legendary products as the Excel, pictured above), is catching the Japanese by beating them at their own game -- offering a mix of value and quality that's hard for shoppers to ignore. Japan knows it needs to defend itself, too. After all, once upon a time, they were what Hyundai is now. In the grand scheme of things, it wasn't too long ago that one could chuckle at Honda's initial foray into the States. We know how that turned out. Now you have to wonder how long it'll be until we see quotes from Hyundai's leadership talking about the Chinese the way Nissan and Japan talk about Hyundai.

[source: The Canadian Press via TTAC)

Honda chief: "Hyundai is awesome." originally appeared on Autoblog on Sun, 04 Oct 2009 14:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

di
di

autoblog?i=nICDxgEzJrA:bZFSbaEWLgg:wF9xT autoblog?i=nICDxgEzJrA:bZFSbaEWLgg:V_sGL
nICDxgEzJrA

View the full article
0

Share this post


Link to post
Share on other sites

They did make awesome progress, and they don't seem to be in an all out path to becoming nr1 like Toyota has been. I think Hyundai is looking at GM's and Toyota's history very carefully. What do they lack? IMO a coherent styling/design language or theme.

0

Share this post


Link to post
Share on other sites

Honestly I never thought I would hear myself saying this, but I like a lot of Hyundai's products better than Hondas. And a whole lot better than Toyotas.

Not into sedans, but I would take a gently used Genesis sedan over a new Acura or Avalon any day of the week. Assuming I was buying an asian family sedan.

But Honda still has some really good technology in Acura. If Acura had different styling, I think they would be more of a threat.

Chris

0

Share this post


Link to post
Share on other sites

Hyundai has improved hugely recently. The next country to travel the same road is China.

0

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0