Honda to sell new affordable gas-electric hybrid early next year

  • 22/05/2008

  • Japan Today (Japan)

Honda will sell a new, improved and affordable gas-electric hybrid in the U.S., Japan and Europe starting in early 2009, the company president said Wednesday. President Takeo Fukui told reporters that green cars, especially hybrids, will be a pillar of Honda Motor Co's strategy for the next three years, starting this fiscal year that began April 1. He did not say what the price of the vehicle would be. But he said the new hybrid will be a five-door sedan seating five passengers, and feature new technology that reduced the size and weight of the hybrid system to increase fuel efficiency. "Hybrids have drawn attention for their image, but time has come to go to the next step,' he said, stressing that Honda was serious about selling hybrids in numbers. Honda plans to sell 500,000 hybrids a year sometime after 2010, he said. To expand hybrid sales, Honda will introduce a new sporty hybrid based on the CR-Z model, a Civic hybrid and a hybrid model in the Fit subcompact, sold as the Jazz in Europe, in addition to the new hybrid going on sale next year, Fukui said. Copyright 2008/9 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed