Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
 
 
Behind the Wheel Video Gallery
The new General Motors is ready to emerge from bankruptcy after just 40 days. CNBC's Phil LeBeau has the details.
GM has a second chance but can it thrive with China breathing down its back? Insight with CNBC's Phil LeBeau.
LEBEAU'S AUTO INDEX
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

BEHIND THE WHEEL VIDEO

» More

Current DateTime: 08:31:52 10 Jul 2009
LinksList Documentid: 30830730
Expiration DateTime: 7/10/2009 8:33:30 AM
    • GM Set to Emerge From Bankruptcy  9 hrs ago

        The new General Motors is ready to emerge from bankruptcy after just 40 days. CNBC's Phil LeBeau has the details.

    • GM Emerges from Bankruptcy  09 Jul 2009

        GM has a second chance but can it thrive with China breathing down its back? Insight with CNBC's Phil LeBeau.

    • Goldman Sachs Gets an Upgrade  09 Jul 2009

        John Carey, Executive Vice President and Portfolio Manager at Pioneer Investments, thinks Goldman Sachs is an example of a financial institution that is good shape -- there are very few banks left in this position. He discusses financials with CNBC's Amanda Drury and Martin Soong.

    • Driving Out Of Bankruptcy  09 Jul 2009

        A federal judge cleared the way for GM to sell most of its assets to a new company, with CNBC's Phil LeBeau.

    • Hyundai's Roadmap to Success  09 Jul 2009

        Even though the global auto sector continues to be battered by the economic crisis, South Korea's largest carmaker Hyundai Motor seems to be turning a corner. The firm's president & CEO Steve S. Yang shares his roadmap to success, in his first-ever television interview.

RSS FEED

» Help

Current DateTime: 08:31:52 10 Jul 2009
LinksList Documentid: 30830722
Behind The Wheel
Text Size
May.21
8:53 AM ET

AP
2007 Honda FCX

Not so fast Toyota. Hold on GM and Nissan. Honda has announced plans to roll out more hybrids and its long anticipated hydrogen fuel cell car.

When the news came out of the company's headquarters early this morning, the message was clear: Honda [HMC  Loading...      ()   ] is getting serious about not only competing, but also winning the race for alternative powered cars.

In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S. After that, the Japanese automaker also has plans to bring out 2 other hybrids.

But Honda's just getting warmed up.

In June the company will announce the Americans who will be leasing the company's new FCX Clarity, a hydrogen fuel cell car that is highly anticipated. More than 50,000 Americans have expressed an interest in leasing an FCX starting this summer. By mid-June, we'll find out some of the people/family's who will pay $600 a month over 3 years to drive the hydrogen fuel cell car.

related content

Honda's announcement is the latest among automakers to win the race for alternative powered vehicles.

Right now, Toyota's [TM  Loading...      ()   ] in the lead by virtue of the success of the Prius and the company's hybrid line-up. Meanwhile GM [GM  Loading...      ()   ] and Nissan [NSANY  Loading...      ()   ] are making headlines touting the work they're doing designing and building electrically powered cars. Now comes Honda and a flurry of new models.

I like what Honda is doing not only because of its scope, but also because the company is branching out from just hybrid versions of its Civic. This is what the hybrid market needs. Different designs to stand out from the conventional models in the line-up. Believe it or not, it's the slightly different look of the Prius that make it such a hit.

Buckle up Toyota, GM and Nissan. The boys at Honda are ready to race.

Questions?  Comments? 

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post


Current DateTime: 08:26:52 10 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:09 10 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 07:29:15 10 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:05:34 10 Jul 2009
LinksList Documentid: 29779198
CNBCCNBC
About CNBC  |  Site Map  |  Privacy Policy  |  Terms of Service  |  Video Reprints  |  Advertise  |  Help  |  Contact
Partners: AOL Money  |  BloggingStocks.com
CNBC is a Division of NBC Universal
  Data is a real-time snapshot *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
Thomson ReutersThomson Reuters