why is 20-yo crap still winning? under what myopic rock have management been sleeping this last couple of decades? did nobody at honda ever hear the old maxim: "win on sunday, sell on monday"?
it's not like it's hard to put the old wishbone suspension back on a car and put a k24 motor in it. or even make it k24 with 4wd from stock honda components, add a turbo option, give it a $30k price tag like the subie or evo, and CRUSH the competition for the next 20 years. come on honda - /think/!!!
i know, it's painful. back in ~2001/2002, i read an article in the financial press of all places, pointing out that with the new macpherson civic's/integra's poorer handling, honda had just "handed the enthusiast market to subaru on a plate". subies don't handle that well on road either, but they have power. honda didn't have power, but more than made up for it in road handling, just as they say in the link.
they're nice, but i can't fit in one. i can't fit in the s2000 either - not made for tall people. that's another personal reason why i think the civics were so awesome.
Dillon Pyron wrote in news: snipped-for-privacy@4ax.com:
That "political bookeeping makes /all/ the difference.
If you don't count that the government poured $50-billion into GM, only $26.9 billion of which they've got back in the IPO and from GM itself, and if you don't count that they've been granted the unprecedented permission to carry over $45-billion of tax losses from the old GM, then yes, GM is almost getting profitable.
But if you /do/ count all those special favors (that no other bankrupt gets!), GM is still a money-losing pit of bad management.
It's notable that the new GM's prospectus gives the warning that since the selling stockholder is a federal agency, buyers won't be able to sue for omissions and misstatements in the prospectus. Just let a private company try that and see how far they get!
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