Honda Reported to be Planning Low-Cost Hybrid Fit

Automaker to sell fuel-sipping version of its Fit subcompact for about $12K - newspaper.

Published: 22-Feb-2006

TOKYO (Reuters) - Honda Motor Co. plans to sell a low-cost hybrid car, a version of its popular Fit subcompact, a Japanese daily reported, signaling the auto maker's long-term commitment to the fuel-sipping powertrain.

Japan's third-biggest auto maker aims to sell the Fit hybrid as early as next year for around ¥1.4 million ($11,790), or about ¥200,000 more than the gasoline-only version, likely making it the world's first hybrid to cost less than ¥2 million ($16,840), the leading Japanese business daily said Wednesday.

The model could be launched in the business year starting April 2007 and would be sold globally, the paper said.


Playing catch-up a decade late, the world's auto giants now find that they have to lease or buy technology from Toyota.

Spc. Jeffrey Hamme and Staff Sgt. Michelangelo Merksamer of HHC, 1/506th Infantry, point out features of the Hybrid Electric Humvee at the AUSA Annual Meeting earlier this month. The two Soldiers participated in a Military Utility Assessment of the prototype vehicle last month at Fort Campbell, Ky.

Ford's 'Hybrid Patrol,' a 10-city initiative this fall that aims to show hybrid drivers how to drive for best fuel economy. EV World photo of Bill and Lisa Hammond on way to first Ford Patrol event in Detroit during stop-over in Omaha.


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