Cars
With the new 2010 Honda Insight hybrid already undercutting the current generation Prius in price, it's a no-brainer that Toyota execs are starting to worry that Honda's hybrid proposal will have a serious advantage over the next-generation 2010 Prius as the latter will carry an even higher sticker. According to Japan's Nikkei Business daily, Toyota is planning to confront this problem with the introduction of a new, low-price, hybrid subcompact model that could find its way to overseas markets.
- Toyota Launches Cut-price Version Of Second-gen Prius In Japan
Honda's aggressively priced Insight Hybrid has forced Toyota to keep selling the second generation Prius Hybrid, at least in Japan. Along with the domestic launch of the new, 2010 Prius, Toyota today announced the release of a low-price version of...
- Honda Insight Hybrid Outselling Toyota Prius In The Uk
Honda's all-new Insight hybrid is off to good start in Britain having sold 229 units since it went on sale in the market on April 4, 2009. That's compared to 198 units of the current generation Prius - always according to Honda's data. Besides...
- Honda Prices The New Insight Hybrid From $21,200 In Japan
The new Honda Insight Hybrid will go on sale in Japan on Friday, February 6, 2009, with prices starting from 1,890,000 yen, or with today's exchange rates, $21,200, for the entry-level "G" model and climb to 2,210,000 yen or $23,800 for the top-of-the-line...
- 2010 Honda Insight Hybrid: Prius Rival Bows In Detroit - 73 High-res Photos
The all-new 2010 Honda Insight hybrid car made its world debut at the North American International Auto Show. Honda's mass production hybrid will be launched worldwide in the beginning of April 2009 and will be priced in the States below the Civic...
- Honda Insight Best Seller Japan
Hybrid sales success has, in a way, been rather overstated. Even in America, the nation that has gone head-over-heels for hybrids, the best-selling cars are not gas-electric. Honda, however, is changing the story. Since becoming the first automaker to...
Cars
Toyota Rumored to Develop New Low-Price Hybrid to Compete with Honda Insight
With the new 2010 Honda Insight hybrid already undercutting the current generation Prius in price, it's a no-brainer that Toyota execs are starting to worry that Honda's hybrid proposal will have a serious advantage over the next-generation 2010 Prius as the latter will carry an even higher sticker. According to Japan's Nikkei Business daily, Toyota is planning to confront this problem with the introduction of a new, low-price, hybrid subcompact model that could find its way to overseas markets.
Although Toyota declined to comment on the report, Nikkei claims that the new gasoline-hybrid car will use many modified parts from the Prius with power coming from a smaller engine than the current model's 1.5-liter unit. The new model, that could hit the market as early as 2011, will reportedly cost 20 to 30 percent cheaper than the current Prius hybrid, which starts at 2.33 million yen ($23,500 with today's exchange rates).
The Honda Insight, that went on sale in Japan this February, has a starting price of just 1.89 million Yen, or with the current exchange rates, $19,200. In the U.S., the Insight will be priced from $19,800 (see details here).
Source: Nikkei Business (Sub. Req)
- Toyota Launches Cut-price Version Of Second-gen Prius In Japan
Honda's aggressively priced Insight Hybrid has forced Toyota to keep selling the second generation Prius Hybrid, at least in Japan. Along with the domestic launch of the new, 2010 Prius, Toyota today announced the release of a low-price version of...
- Honda Insight Hybrid Outselling Toyota Prius In The Uk
Honda's all-new Insight hybrid is off to good start in Britain having sold 229 units since it went on sale in the market on April 4, 2009. That's compared to 198 units of the current generation Prius - always according to Honda's data. Besides...
- Honda Prices The New Insight Hybrid From $21,200 In Japan
The new Honda Insight Hybrid will go on sale in Japan on Friday, February 6, 2009, with prices starting from 1,890,000 yen, or with today's exchange rates, $21,200, for the entry-level "G" model and climb to 2,210,000 yen or $23,800 for the top-of-the-line...
- 2010 Honda Insight Hybrid: Prius Rival Bows In Detroit - 73 High-res Photos
The all-new 2010 Honda Insight hybrid car made its world debut at the North American International Auto Show. Honda's mass production hybrid will be launched worldwide in the beginning of April 2009 and will be priced in the States below the Civic...
- Honda Insight Best Seller Japan
Hybrid sales success has, in a way, been rather overstated. Even in America, the nation that has gone head-over-heels for hybrids, the best-selling cars are not gas-electric. Honda, however, is changing the story. Since becoming the first automaker to...