Honda's CEO: "Civic Hybrid was a mistake, real hybrid war has just begun"
We’ve been hearing a lot about Honda’s upcoming hybrid-only model that is supposed to go head-to-head with the Toyota Prius. Honda CEO, Takeo Fukui, is now out and about speaking very confidently of Honda’s upcoming hybrid plans. First of all, Fukui feels that Honda suffered a huge misstep by rolling out a hybrid version of its Civic instead of a hybrid-only model.
“The real competition has just begun,” Fukui said. “Until now, it has been an image-based competition, not a business-based competition.”
Fukui said that Honda will approach the hybrid-war by attacking the pricing. The hybrid-only model that is expected to hit the market in early 2009 where pricing is expected to be below the Honda Civic Hybrid and right above the Honda Fit. The Civic Hybrid starts at $23,235, including shipping.
Honda hopes to sell 200,000 units annually for its global hybrid, 100,000 of which are expected to come from North American sales.
After the unnamed hybrid-only model hits the market, Honda is also planning the global release of a hybrid sports car based on the CR-Z concept.
Source: Automotive News (Subscription Required)
The only thing I like about this report so far is the projected price. I've aways said I'm waiting and hoping for the hybrid prices to come down so that is good news. Also, hopefully even though this will be a dedicated hybrid only car, it doesn't look weired and odd.
The current HCH-II is close to the Prius on mileage and in Canada, is quite cheap (Cdn$26k and in some provinces, there's no tax on it because the provincial rebates cover it completely and the federal gov't rebates aka GST rebate covers it so you pay $26k plus freight/PDI).
If you compare the actual money you plunk down, it's equivalent to a Civic LX or Corolla CE Pkg "C" (see previous brackets for price explanation). That's not bad.
But yeah it's a 1.3 litre and it's slower than the Prius. I don't fancy the wheels either but right now if anyone's looking at a hybrid and say it's too expensive, I just point them to the HCH-II and tell them that it cost the same as a regular midrange (i.e. Civic LX, Corolla CE Pkg "B") compact car.
It also seems that an automaker can produce the best hybrid if it is designed from the ground up as a hybrid only, like the Prius.
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I do not think that the Civic was a mistake as its sales are OK, I still see the 1st generation out there. Its #s are comparable to other hybrids that have regular engine versions as well (GS, Camry, Highlander, Escape ...) The Accord Hybrid V6 on the other hand ...
It is interesting that Honda is making such a push on hybrids when they also have fuel cells & diesels on the way. They definitely are going all out ...
Otherwise, I think the HCH-II is pretty good for what it is.
Full hybrids are much more complex and therefore more expensive to build (and hence to purchase). They can run on electricity only, engine only or a combination of both.
Mild hybrid systems: Honda's IMA, GM's BAS
Full hybrid systems: Toyota's HSD, GM's Two-Mode, Ford's hybrid system (don't think they have a name for it).
Yeah but building a mild hybrid means a lower cost for the consumer so it's a good way to get more people into the hybrid fray. Plus a mild hybrid is more similar to a regular car than a full hybrid. It has a regular transmission for one thing.












