Honda may develop V8 engine in future
Reuters / August 04, 2005
TOKYO -- Honda Motor Co. could build a V8 engine as its next mass-produced powertrain beyond the V6, its biggest engine so far, Chief Executive President Takeo Fukui said, adding that a decision would be made in about three years.
Japan's third-biggest auto maker has long said it would not build a V8 engine, often used to power pickup trucks and other bigger vehicles, choosing instead to match its muscle with advanced powertrain technology as it did with the Ridgeline pickup launched in the United States this year.
"By around 2010, customers driving the Ridgeline now will need a stepped-up product," Fukui told a small group of reporters on Thursday. He said a V8 engine was one possible powertrain, along with a V6 hybrid or diesel system.
Last month, Honda, renowned for its engine technology, surprised industry watchers with plans to skip the V8 and develop a V10 engine to power its next supercar to succeed the NSX model, which will be retired this year.
If development of the V10 engine is successful, Fukui said there would be "no reason not to have something in between", while stressing the decision was not final.
"If we make a V10, we might just as well make a V8. I won't deny the possibility," Fukui said at Honda's headquarters in Tokyo. "We'll see how the V10 turns out, and make a decision in about three years' time."
Pickups, sport utility vehicles and other light trucks make up a little over half of the U.S. auto market -- the world's biggest -- and so far has been dominated by the U.S. Big Three.
Japanese rivals Toyota Motor Corp. and Nissan Motor Co. have pushed aggressively into the profitable segment, but Honda has been relatively slow, having only rolled out its first pickup truck through the Ridgeline this spring.
Fukui said he expected the ratio of light trucks to Honda's total U.S. sales to inch closer to industry levels from around 40 percent now, while also beefing up its car segment through the new Civic due out in autumn and the Fit compact car to be launched next year.