I thought Honda would have learnt the dangers of what it is doing with the new Accord's pricing when it was working with Rover. When the 400 hatch was launched in 1995 Rover instantly hiked the prices up over its predecessor, the 200/400, in an attempt to persuade everyone that the 400 was now a premium product and a cut above rivals such as the Escort, 306 and even the clone Honda Civic. Sadly for Rover, this policy failed as everyone could see through the 400's make-up and that car was nowhere near as successful as its predecessor, to the point where Rover's unrealistic upmarket aspirations led to its downfall. It could even be suggested that this outlook started when the 600 was launched in 1993 - that car cost thousands more that the Montego, albeit the 600 was a far better car.
The Accord won't fail, but conversley it won't come anywhere near the sales of an A4, 3-Series or a C-Class, or even the class-leading Mondeo. Honda must realise that a marque's image cannot change overnight. It has taken Audi almost 30 years to become a premium brand, and that is regardless of whether their cars are any good or not, and i don't doubt that the Honda will be a better car than the A4.
Also, the problem for Honda is that its upmarket aspirations lie only with the Accord. What about the rest of the range which have no such dillusional pretentions. A rather uneasy balance, particularly when you step into a Honda showroom to see a 'premium' car standing alongside mainstream siblings. If Honda wants a premium presence in Europe, it should bring the Acura brand over. After all, the new Accord will be sold as an Acura TSX in North America.