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Financial News USA
Feb 8


Honda's sporty CR-Z hybrid going on sale in Japan PDF Print E-mail

Honda says its affordable, sporty hybrid CR-Z will go on sale Friday in Japan, hoping the car will appeal to the younger set or empty-nesters who want a "green" car with a bit of pizazz.

Japan's No. 2 automaker says the two-door hatchback will go on sale in the U.S. and Europe by midyear.

Honda Motor Co. said Thursday the Japanese price would be 2.268 million yen ($25,300) for the basic model and 2.498 million yen ($27,900) for the top-end model. Prices elsewhere haven't been decided yet.

The company says the CR-Z gets 25 kilometers per liter (58.8 miles per gallon).

Honda's Insight sedan has intensified competition in the hybrid car market, which had been largely dominated by Toyota's Prius.

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