Honda to Trim Excess Price of Civic Hybrids
December 22, 2005
• by Staff
TOKYO, Japan --- In an interview with Bloomberg, Honda Motor Co. President Takeo Fukui revealed plans to cut the excess cost of the hybrid system on the Civic by a third within five years, as the company phases out the gasoline-powered version of the model in some markets.
The U.S. is Honda’s biggest market for the Civic.
Fukui also told the news service that Honda is considering putting diesel engines in light trucks in North America.
Nissan recently revealed plans to put diesel engines in U.S. trucks and SUVs.
Originally posted on Fleet Financials