Honda will roll out a more affordable hybrid-electric car in 2009, smaller and lower priced than the current Honda Civic. As mid-sized cars have grown, the growth of the growing "mid-sized compacts" has declined in favor of smaller cars. Honda would like to have a showing in a hybrid specific model married to the demand for smaller cars. Expect the smaller vehicle to get even better mileage than the Civic Hybrid.
edmonds.com
On the other end of the spectrum, Toyota unveiled its most expensive gasoline-electric vehicle to date today, the $124,000 luxury sedan Lexus LS, which is twice the appraised value of my house.
mercurynews.com
Needless to say, I find the announcement of a low-cost hybrid exciting.
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