Honda cancels the NSX supercar

RIP NSX. Honda announced today that the NSX program is dead. Honda CEO Takeo Fukui announced the move in a speech that all development of the car would be canceled. It seems that the company has changed its previous statement. Back in October he told Autocar that, "the new supercar is necessary for Honda". Honda will now focus its efforts on (gasp) hybrid cars.

This is a bad time for car enthusiasts, but we kinda knew this was coming. Halo cars are fun, but in times of deep economic troubles, retrenchment strategies are aplenty and come quick. The first to go are the low-volume fun cars. The NSX was not the first to be chopped, and it won’t be the last (now taking odds on the Lexus LFA.)

If there is any hope to come from this news is that we all know how efficient Honda is. We’ve seen the development cars for the NSX, which means that Honda has a large engineering and financial investment in the V10 sports car. So we can all hope (fingers crossed) that when the world economy recovers, Honda will be quick to use a lot of the technology developed in this NSX program to quickly bring a supercar to the market.