01 Mar '14, 12pm

Honda to end production of the Insight hybrid, commits to the expansion of hybrid offering

Honda to end production of the Insight hybrid, commits to the expansion of hybrid offerings in the US 1 March 2014 Annual sales of the second-generation Honda Insight. Data: Honda. Click to enlarge. Honda announced that while the US model Insight will be available at dealerships in the US through the end of the year, production of the hybrid will end in summer 2014. Honda said the move reflects its reinforced commitment to a clear product strategy focused on further advancing fuel-efficient and alternative-fuel vehicle technologies that are better aligned with customer needs and that strengthen the company’s US sales momentum. The Insight, introduced in 2009, had posted steadily decreasing sales, from a high of 20,962 units in 2010 down to 4,802 units in 2013. Honda and Toyota were both early entrants into the hybrid market in the US: Honda with the first-generation Insigh...

Full article: http://www.greencarcongress.com/2014/03/20140301-honda.html

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