Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (51570)	7/15/2004 3:23:38 AM
From: Taikun	Respond to of 74559

The Japanese must be worried. I doubt even the Koreans could match these prices. Then again, with the obesity problem, I can't see the 1.5l geelt Beauty Leopard being able to go up San Francisco's steep California street under its own power with two supersized adults in the front seat. (Perhaps they could add a front winch to latch onto the cablecars to help them up?). Actually, this will pose a problem for Mercedes' Smart car also. Going forward, I don't know what will be left for Americans and Japanese now that we can make almost everything in China. Jet airplanes will be coming from China eventually. (Boeing is the US's biggest importer but already many parts are made in Asia). I suppose the US could be left with tourism, advanced healthcare, entertainment (or is Hollywood part of tourism?), weapons, franchise businesses, porn (part of entertainment). Japan will maybe be able to hang on to video games, although the barriers to entry are less than the film industry, small electronics, and advanced machinery. Yep, time to learn Chinese. I guess that's why Honda came up with this: Associated Press New Honda Car to Target U.S. Youngsters Thursday July 15, 2:17 am ET Japanese Automaker Honda Targeting American Youngsters With Planned Model TOKYO (AP) -- Honda Motor Co. will start selling a lower-priced car targeting young people in North American starting in 2006, a market that the Japanese automaker sees as key to continued growth, chief executive Takeo Fukui said Thursday. ADVERTISEMENT The "entry-level car" will be priced lower than the Civic compact, which starts at about $13,000, to respond to growing demand for cheaper models, Fukui told reporters at Tokyo headquarters. He declined to give details. "The North American market remains crucial for Honda," Fukui said. He said Honda will also introduce other models in the United States, including a remodeled Odyssey minivan this fall and the Honda SUT sport-utility pickup in spring 2005. Honda will also strengthen its offerings with better mileage as it expects the need for fuel-efficient models to grow with the recent surge in gas prices in North America. Such models include the Accord hybrid planned for this fall, the company said. Hybrids generally offer better mileage than regular cars by switching back and forth between a gasoline engine and an electric motor. biz.yahoo.com