Interesting. Imagine how well a low cost hybrid would do in the US. If they do it. One of the biggest complaints so far from automakers has been the lack of profitibality of their hybrid divisions. Despite the numbers sold, the hybrids are expensive to design and create, unlike the bigger and badder SUV's. That's why hybrids are coming out with all the options. The car makers want to capitalize on the people who are willing to spend more just to make the statement 'they drive a hybrid'.
Honda Not Commenting on Hybrid Report - Yahoo! News
Honda Not Commenting on Hybrid Report - Yahoo! News
TOKYO - Honda will start selling a hybrid version of the Fit subcompact as early as 2007, leading Japanese business daily Nihon Keizai Shimbun reported Wednesday.
The Fit hybrid is expected to sell at about 1.4 million yen ($11,800), about 200,000 yen ($1,600) more than the regular Fit, the report said.
Toyota plans to release a hybrid version of the Camry in the spring, targeting 2006 sales of 30,000 hybrid Camrys in the U.S. The price for the hybrid Camry has not been announced, but hybrids on sale now cost about 2 million yen ($16,800).
Honda sold 390,000 Fit cars in 2005 around the world and plans to start selling the model in the U.S. this year.
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