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Honda Fit Hybrid to be priced aggressively

The brand new Fit is expected to be the cheapest car around when it launches in October.

According to a report by Kyodo, the Honda Motor Company has decided to sell its new hybrid car for Y1.59million in Japan – making it the cheapest petrol-electric hybrid car available in the country.

In fact, the will be 300,000Yen cheaper than the Honda Insight Hybrid when it was put on sale in February last year. It is also likely to accelerate competition in the green car sector between Honda and Toyota, which is expected to release its own compact hybrid next year that will do more than 94mpg and have a price tag of around Y1.5million.

The new Fit has fuel economy of 70.6mpg and features a 1.3litre engine and electric motor.

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Author: Paul Lucas, August 7, 2010
Filed under: Green cars,Honda,Hybrid cars,Latest news

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