Honda has unveiled a new hybrid family car at the Paris Motor Show to challenge the success of rival Toyota.
Honda Motor Co. said today the five-door Insight gasoline-electric hatchback will go on sale in Japan, Europe and North America next spring.
President and CEO Takeo Fukui said the Japanese automaker aims to sell 200,000 of the cars worldwide each year.
Honda said its response to Toyota Motor Corp’s hybrid-only Prius “will be priced significantly lower than any other hybrid car on the market.”
Honda described the car shown in Paris as a concept version of the production model that will be unveiled in January.
Honda said the Insight is the first of three new hybrid models it will introduce within the next four years.
Source:Freep.com
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