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Monday, June 2, 2008

Honda and Hybird Cars

Honda, the most known automotive company from Japan, expects annual sales of 200,000 for the new hybrid. Total hybrid sales, including the Civic hybrid, a new hybrid version of its popular Fit subcompact and a planned sports car based on the CR-Z concept model, are expected to reach 500,000 vehicles a year after 2010, roughly one-tenth of total sales. For you information that production of hybrid vehicles has tripled in the last four years, with production expected to double in 2007. The Yano Research Institute Ltd. estimates that by 2015, nearly 5.37 million hybrid vehicles will be on the global road, compared to less than one million last year.

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