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September 5, 2008

Paris International Auto Show: Honda to Reveal Honda Insight Concept Hybrid Vehicle


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Photo: Honda will reveal a concept version of its new small hybrid vehicle, to be named Insight, at the 2008 Paris International Auto Show, October 2, the company announced.

Honda has announced that it will reveal a concept version of its new small hybrid vehicle, to be named Insight, at the 2008 Paris International Auto Show on October 2.

Honda further said that "Insight" would go on sale in the U.S. next spring and the all-new purpose-built Insight will come to market at a price significantly below hybrids available today. And from this unique position in the marketplace, the Insight will advance the affordability and accessibility of hybrid technology to a new generation of buyers. The new Insight Concept shares styling cues with the Honda FCX Clarity fuel cell vehicle, Honda explains.

"The original Honda Insight pioneered hybrid technology in the U.S. and remains a symbol of Honda's commitment to innovative technology and fuel efficiency," said Takeo Fukui, Honda Motor Co., Ltd. CEO. "This new Insight will break new ground as an affordable hybrid within the reach of customers who want great fuel economy and great value."

The production Insight will be offered as a five-door, five-passenger hatchback. Along with the Civic Hybrid, the new vehicle will be produced at an expanded hybrid vehicle production line at the Suzuka factory in Japan.

Honda FCX Clarity

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Photo: Honda FCX Clarity

Honda claims, "The Insight Concept is a small, fuel efficient hybrid car that delivers big style and functionality with a healthy dose of fun." "The Insight Concept defines a new stage in the evolution of hybrid technology resulting in a new level of affordability for hybrid customers worldwide. Evoking the innovative styling cues first seen in the FCX Clarity, the Insight Concept is designed with a low center of gravity and a generous five-passenger cabin. While the Insight Concept's aerodynamic design identifies its fuel efficient purpose, its five-door access and folding rear seats speak to functionality that is designed to meet the needs of customers with an active lifestyle," the company adds.

Honda CR-Z Concept

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Photo: Honda CR-Z Concept

According to Honda, the Insight is expected to have annual global sales of 200,000 units per year -- approximately 100,000 in North America. Following the launch of the new Insight, Honda also plans to introduce another sporty hybrid vehicle based on the CR-Z. "All together, Honda's global sales of hybrids should increase to approximately 500,000 units a year, or more than 10 percent of its total worldwide annual automobile sales," says Honda.

Source: Honda


"Honda's expectation to have annual global sales of 200,000 units of "Insight" per year (approximately 100,000 in North America), and its global sales of hybrids increasing to 500, 000 units a year, is no ordinary news. It deserves to be analyzed by other car makers -- Toyota, GM, Ford, Suzuki, Daimler, Nissan, Hyundai,..." - GlobalGiants.Com

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Edited & Posted by the Editor | 9:08 AM | Link to this Post

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