Honda to launch cheaper hybrid

Honda to launch cheaper hybrid

do you have newest picture new honda city?

Competition bringing hybrid prices down...
;)
Hybrids May Get More Affordable
July 22, 2010 - Car buyers may no longer have to pay more for a hybrid if a strategy started by Lincoln catches on.

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The brandâ��s parent company, Ford Motor is dropping the price of its 2011 Lincoln MKZ Hybrid sedan to $35,180, according to the companyâ��s website. Thatâ��s the same price as the regular MKZ, which is powered by a traditional internal combustion engine, The Detroit News reports. â��Based on some of our recent research, many luxury-car buyers resisted the hybrid versions because the added cost simply didn’t pencil out,â�� says Art Spinella, auto analyst at CNW Marketing Research.

The biggest benefit for consumers here opting for a MKZ Hybrid is fuel economy. For the same price, the Lincoln MKZ Hybrid gets 41 miles per gallon in city driving and 36 mpg on the highway while the version with the internal combustion engine gets just 18 mpg in the city and 27 mpg on the highway.

And discounting the price of a hybrid is actually better for an automaker than cutting thousands of dollars off of a sticker price through incentives. Too many incentives can lower the perceived value of any vehicle, according to Mike Jackson, Director of North American Vehicle Forecasts at IHS Automotive.

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