The End of the Next NSX

So not so long ago Honda President, Takeo Fukui, gave a year end speech on how the current state of the automotive market has made Honda, as well as other companies, begin to look at ways to cut costs to survive through the downturn. As the global economy becomes more uncertain, it is no surprise to see that Honda has cut back on various R&D projects. Yet, most fans weren't expecting to see Honda pull out of F1 or cancel development on their next incarnation of the NSX. The writing is on the wall, cheap efficient cars is where this industry is heading and Honda has shifted all resources to develop efficient diesel engines, hybrid vehicles, Hydrogen vehicles, and NGVs. It'll be a while before we see a sport/sporty car from Honda. We'll have to make do with the Civic and Accord Coupe I guess...

Full press release after the split...