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Honda to Roll Out More Hybrids – Analyst Blog

Zacks Market Commentaries (July 14th, 2009) Writes:
Recently, Japanese auto giant Honda Motor Co. (HMC) revealed its plan to introduce two new gas-electric hybrid vehicles in 2010 in Japan. The company will offer the CR-Z hybrid sports car in February next year, followed by a hybrid version of its Fit compact by the end of next year. The CR-Z has also been set for an international roll-out, but this has not yet been confirmed for the Fit. The new hybrid lineup by Honda is expected to deliver a serious blow to its rival Toyota Motors (TM) in low-emission vehicles. The hybrid version of Fit will be cheaper than the Toyota Prius, on the back of its low-cost single-motor hybrid drive used in Honda’s Insight hybrid. Previously, Honda Insight had lost its luster to Toyota’s third generation Prius in terms of fuel efficiency. Prius 2010 clocks 51 mpg in the city ...

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