Honda pulls out of Frankfurt to save costs, starts testing FCX in Germany



It's looking like all auto shows are going to be feeling the pinch of a shrinking auto market going forward, including the mighty Frankfurt Show. Honda has joined Nissan in pulling out of this fall's Frankfurt show in order to save money. Earlier this year, Nissan announced that it would only participate in one auto show on each continent with those being Geneva, Tokyo and Los Angeles. Honda hasn't yet made such a sweeping announcement but appears to be taking things one show at a time. It wouldn't be surprising to see a similar move with only one North American Show presence as well. At this year's Detroit show, Honda and Acura occupied floor space but didn't bother with a press conference. Instead, the new Insight was simply revealed on the show floor.

Speaking of the Insight, it goes on sale in Europe on April 18. Elsewhere, Honda will begin testing its FCX Clarity fuel cell car in Germany later this year and will divert other resources to fuel cell and hydrogen development. Honda sees fuel cells as a better long term bet than batteries and plug-in vehicles and intends to pursue that goal.

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[Source: Honda]

01.04.2009

Honda's participation in IAA 2009

About Honda's participation in IAA 2009

In response to economic climate, Honda cancels participation in IAA 2009, while strengthening environment and customer focused activities.

* New Fuel Cell research in Europe
* More Hybrid vehicles
* New Honda Academy to strengthen Quality and Customer Service

March 31st 2009 - Honda has announced today that it will not participate in IAA, Internationale Automobil Ausstellung, known as Frankfurt motor show, this year. Due to the unprecedented market downturn, Honda has come to a conclusion that the company will have to skip its participation to the Frankfurt motor show this year.

As seen in the withdrawal from Formula One, Honda is trying to reduce every possible cost in various areas including manufacturing, sales and marketing activities to strengthen its business constitution to overcome the tough climate of today.

Whilst the 4 month shutdown to adjust the inventory balance, Honda's UK car manufacturing facility in Swindon is taking the full advantage of production suspension to refurbish its plants and prepare for smooth introduction of Jazz into Swindon factory planned in autumn this year.

Honda is the world's biggest engine manufacturer with 24 million engine powered products sold in 2008 in the areas of automobiles, motorcycles and power equipment, and is committed to swiftly respond to unprecedented situation in the global scale. While vigorously taking on every possible cost reduction measure, Honda is also focusing on research and production of environmentally responsible products.

The Insight Hybrid will be on sale in Germany from April 18th, the hybrid car has already had more than 18.000 customer orders in Japan just in one month, More than 3 times larger than its monthly target of 5.000 units in Japan. Besides that Honda will bring to market a sporty Hybrid based on the CR-Z Concept in 2010 which will be followed by a Jazz Hybrid.

Moreover, Honda will begin a new research project of Fuel Cell technologies in Germany as from autumn this year. This involves permanent deployment of FCX Clarity in Europe, Honda's sophisticated master piece of hydrogen driven vehicle, which already is on lease sales in the USA and Japan. Honda R&D Europe (Deutschland) GmbH in Offenbach will use the FCX Clarity for long term research of Fuel Cell technology and Hydrogen Energy conformity in European conditions.

Honda will divert the resources for environmentally responsible technology to win the race for Zero Emissions. Furthermore Honda will also realign its forces regarding Service Quality and customer orientation. On March 23rd Germany saw the ground breaking ceremony of the new Honda Academy for Europe at Erlensee near Hanau. This 15 Mil EUR invest is dedicated to train Honda and dealer's staff in a way that they are able to exceed customer's expectations also in the future.

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