| Honda targets more hybrid sales |
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| Written by Staff Reporter | |
| Wednesday, 04 June 2008 | |
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Honda has announced plans for an increase in the production of petrol-electric hybrid vehicles and says it will launch a hybrid-only model early next year. Honda expects to sell 500,000 hybrid cars annually beginning early in the next decade. Last year it sold slightly fewer than 52,000 units of its single hybrid model, a version of its Civic that it has been selling since 2001. Honda is trying to catch up with rival Toyota, Japan's biggest carmaker, which has secured the global lead in low-emissions vehicles with its pioneering Prius hybrid. The Prius is just 10 years old and has sold more than 1 million units. |
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