More Videos
- Electric Cars: Is The U.S. Really Ready For Them?
- Nissan And Why It's In the Catbird Seat
- Automaker Stocks: Out Of The Woods Yet?
- Automakers Going Bankrupt: It's NOT An Option
- GM's New Models: Will They Save The Automaker?
- GM: It Will Take More Than Cuts To Get Back On Track
- Volkswagen: Welcome Back To the U.S.
- A Chinese Volvo: Would You Buy One? Seems Not Very Likely
- GM's CEO Wagoner: No More Brand Cuts Planned
- Toyota Shows Flexibility With Prius/Highlander/Tundra Moves
- Stop Trading!: A War on Wall Street
- Pisani: New ETF = Play on Mid-East Growth
- Existing Home Sales: A Look At Numbers That Weren't There
- Comicon: Not Just Funny Business
- See What People Are Saying About... Water Scarcity
- Microsoft's Ballmer Addresses Analysts
- Fast Money: Wall Street Got Drunk!
- Play the Coming Power-Grid Upgrade
- Microsoft's Johnson: What His Leaving Means For Company
- Gassing Up With Garbage
- UBS Target of Fraud Suit from NY Attorney General
- SEC Plans to Broaden Curbs on Short Sales: Cox
- 30-Year Bond Gains Full Point as Stocks Weaken
- FCC Agrees to Approve Sirius Pruchase of XM: Report
- Union Pacific Profit Rises, Beats Estimates
- Bristol Profit Beats Forecasts, Helped by Plavix
- Jobless Benefit Claims Rise above 400,000
- 3M Profit Up 3%, Tops Estimates
 |
AP 2007 Honda FCX |
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?
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes