ABOUT BIZ WAVES

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at dailybreeze.com


Subscribe to RSS feed

Recent Comments

Categories

Powered by
Movable Type 4.1

« Mattel Goes to Court | Main | Thoughts on Boeing's Layoffs »

New Hybrid Next Year From This Company

Honda is playing catch-up with Toyota on hybrids. BTW Honda's North American HQ is in Torrance.


Honda to sell new gas-electric hybrid next year

TOKYO (AP) -- Honda Motor Co. will sell a new, improved and affordable gas-electric hybrid in the U.S., Japan and Europe starting in early 2009, the company's president said Wednesday.

Takeo Fukui told reporters that "green" cars, especially hybrids, will be a pillar of Honda's strategy for the next three years, starting this fiscal year that began April 1.

He did not say what the price of the vehicle would be. But he said the new hybrid will be a five-door sedan seating five passengers, and it will feature new technology that reduces the size and weight of the hybrid system to increase fuel efficiency.

"Hybrids have drawn attention for their image, but time has come to go to the next step," he said, stressing that Honda was serious about selling hybrids in numbers.

Honda plans to sell 500,000 hybrids per year sometime after 2010, he said.

To expand hybrid sales, Honda will introduce a new sporty hybrid based on the CR-Z model, a Civic hybrid and a hybrid model of the Fit subcompact, which is sold as the Jazz in Europe, in addition to the new hybrid going on sale next year, Fukui said.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Copyright Notice | Privacy Policy | Information
For more local Southern California news:
Copyright © 2007 Los Angeles Newspaper Group