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Elevate SUV: Honda's Electric Sunroof Breakthrough Redefines Affordable Luxury!


1/ According to some sneaky industry insiders, Honda is trying to cut costs by offering a single-pane electric sunroof in the upcoming Elevate SUV. " Why spend a fortune on a panoramic sunroof when we can save enough to buy a lifetime supply of doughnuts?" šŸ©šŸ’ø

2/ Reportedly, a single-pane electric sunroof costs anywhere between $500 and $2000. On the other hand, those extravagant panoramic sunroofs can cost between $1000 and $3500. That's enough money to buy a fancy beach umbrella! šŸļøā˜‚ļø

3/ If the cost savings are extrapolated, then it leads to a jaw-dropping $7.2 million in cost savings for Honda! šŸ¤‘šŸ’° Assuming the Honda Elevate captures just one-tenth of its rivalā€™s market share, the Hyundai Creta. That's a significant amount of money Honda could invest in more beach umbrellas or even sponsor a tropical vacation for some Elevate owners! šŸŒ“šŸ¹šŸ˜Ž

4/ Who needs a panoramic view of the sky when you can experience the thrill of a slightly smaller sunroof at a fraction of the cost? šŸ˜ŽšŸš— And let's not forget that the Kia Seltos, rocking a single-pane sunroof just like the Elevate, is already making waves in the segment.


Estimated Cost Savings: $7.2 Mn. per annum

Cost Optimisation Impact:

1/ In the end, let's give Honda a round of applause for its cost-cutting wisdom and hope that the Elevate shines bright, proving that you don't need a panoramic sunroof to enjoy the ride. Who knows, maybe it'll become the talk of the townā€”a budget-friendly SUV with a sunroof that's small but full of dreams (and a few extra dollars in your pocket). šŸš€šŸ’°āœØ

Country: India šŸ‡®šŸ‡³

Company: Honda Cars India Ltd. šŸš—

Industry: Automotive šŸŽļø

Cost Element: Material Consumption šŸ“¦

Nature: Opex šŸ’¼šŸ“‰

Cost Classification: Variable Cost + Direct Materials Cost šŸ”¢šŸ’¼



The Calculation

Conservative Estimate of Honda Elevate car sales per month -> 1,200 units (Taking 1/10th of Hyundai Creta 6 Average monthly sales for FY 2022-23)

Car sales per annum -> 14,400 units

Cost savings due to single-pane electric sunroof -> $500 ($1000 - $500)

Estimated Cost savings for Honda per annum -> $7.2 Million per annum






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