Honda planning to market low-cost hybrid Fit vehicle? |
Wednesday February 22, 2006 10:21 AM CST - By: Melanie Tan
| |
|
|
  According to the Japanese daily Nihon Keizai, Honda Motors will soon be selling a low-cost hybrid version of its popular Fit subcompact car. The rumored move is said to be an indication of Honda's long-term commitment to the powertrain.
Honda is anticipated to market the Fit hybrid as early as April 2007 in Japan and then later on internationally. The car will sell for approximately 1.4 million yen or US $11,790. The amount is about 200,000 yen more than its gasoline-only counterpart. Still, the Fit hybrid would make if the first hybrid to cost consumers less than 2 million yen or US $16,840.
Honda has denied that it has already decided to produce a hybrid version of the Fit but concedes that it does have the technological expertise to produce it. Further, its Chief Executive, Takeo Fukui, has long claimed that the price premium for a hybrid (on top of a gasoline-only vehicle) should be under 200,000 yen or US $1,680 for the powertrain to go mainstream.
Currently, Honda is already selling hybrid versions of the Accord and Civic, its two best-selling vehicles, for 300,000 yen or US $2,525. Meanwhile, its hybrid-only car Insight coupe was the first gasoline-electric vehicle to be marketed in the US.
Via Reuters
|
 Reader Ratings |
|
| This article has been rated 54% by 5 user(s).
|
|
Recent Headlines
Feature: Why Don't We See More Solar Stuff?- posted on Friday November 28, 2008 3:17 PM CST
BlackBerry Curve 8900 Javelin In Stock at Rogers, Ready to Go- posted on Friday November 28, 2008 1:02 PM CST
Telus BlackBerry Storm Priced at $300 by Best Buy- posted on Friday November 28, 2008 12:39 PM CST
New Smartphone Data Value Packs from Rogers- posted on Friday November 28, 2008 12:25 PM CST
Rogers Wireless Launches Nokia E71 at $99 with Contract- posted on Friday November 28, 2008 12:24 PM CST
Lego R2-D2 USB Drive Stuffs Head into Your Computer- posted on Friday November 28, 2008 12:12 PM CST
Apple iPhone 2.2 Works with IntelliScreen Again- posted on Thursday November 27, 2008 1:21 PM CST
Samsung Launches Smartphones for BizBees in Europe- posted on Thursday November 27, 2008 12:59 PM CST
Colorful Honda Speedometer Warns Speed Demons of Their Ills- posted on Thursday November 27, 2008 12:44 PM CST
The Unofficial Apple iPhone Flip Phone- posted on Thursday November 27, 2008 12:36 PM CST
Nokia 5800 XpressMusic "Tube" Now Shipping- posted on Thursday November 27, 2008 12:27 PM CST
Feature: How to Survive Black Friday- posted on Wednesday November 26, 2008 4:33 PM CST
Telmap for BlackBerry Wins EMEA Innovation Award- posted on Wednesday November 26, 2008 1:56 PM CST
Samsung Goes Classy with F480 Hugo Boss Phone- posted on Wednesday November 26, 2008 1:49 PM CST
BlackBerry Updates for Rogers and Fido... Yes, Fido- posted on Wednesday November 26, 2008 1:41 PM CST
Make a Bold Statement with Colorware-Customized T-Mobile G1- posted on Wednesday November 26, 2008 1:24 PM CST
Microsoft "Pink" is the Zune Phone for Real- posted on Wednesday November 26, 2008 1:17 PM CST
Tech News Roundup: White G1, Nokia 6260, No More iPhone...- posted on Tuesday November 25, 2008 1:02 PM CST
Video: Can a Used Renault Beat a New Mitsu Evo X?- posted on Tuesday November 25, 2008 12:32 PM CST
First Look: Nokia E75 QWERTY Slider Smartphone- posted on Tuesday November 25, 2008 12:26 PM CST
Get Ready for a 10-Inch Acer Aspire One Netbook- posted on Tuesday November 25, 2008 12:17 PM CST
Special Mario Edition Nintendo DS Lite- posted on Tuesday November 25, 2008 11:45 AM CST
REVIEW - Balanzza Digital Luggage Scale- posted on Monday November 24, 2008 4:53 PM CST
Video: Tilt Your Way to Success with MacBook Pro- posted on Monday November 24, 2008 2:47 PM CST
Dell Mini 9 Now Available with 32GB SSD- posted on Monday November 24, 2008 2:30 PM CST
|
|
|
|
XML Feed