Will Honda Produce the Cheapest Hybrid Yet?

A major Japanese daily has reported that Honda Motor Co. may very likely produce a hybrid version of its 5-door Fit subcompact as early as next spring. Though unconfirmed by Honda officials, rumor has it that the Fit could become the world’s most affordable hybrid to date, selling for less than $11,800. The Fit falls into a growing class of smaller cars headed for the States, such as the Toyota Yaris. The Japanese press reports that the Fit hybrid could be released as early as the spring of 2007, and would be sold globally. The move would signal Honda’s commitment to ramping up hybrid production, an issue it is apparently straddling. :: The Boston Globe (thanks to Greg for the tip) Update: For the latest news on the Honda Fit hybrid, see Update on Honda Fit Hybrid and CR-V Hybrid.

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