Honda Expects to Double Hybrid Sales in the U.S. in 2005
Honda Motor Co. expects to nearly double U.S. sales of hybrid vehicles next year to more than 45,000 after the launch in December of a gas-electric Accord sedan, according to the Detroit News newspaper on October 7.
Honda officials said on October 6 that they expect to sell 20,000 hybrid versions of the popular Accord sedan, in addition to the Honda Insight and Civic hybrid compacts.
The Accord hybrid, fitted with a V-6 engine and an electric motor, was designed to appeal to mainstream car buyers.
The Accord hybrid will be priced around $30,000. An equivalent conventional Accord with a V-6 engine costs $26,600. The hybrid model delivers more horsepower and torque than a conventional V-6 Accord. Honda says the hybrid Accord gets 30 miles per gallon in the city, and 37 on the highway, compared with 21/31 mpg for the Accord V-6.