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Honda to Reassess Hybrid Demand

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Old 06-18-2004, 01:34 PM
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Honda Motor Co., the first to sell gasoline-electric hybrid cars in the U.S., wants to reassess consumer acceptance of the fuel-saving vehicles this year after adding its third such model, a version of its Accord sedan.

The automaker isn't sure how buyers will react as gasoline prices fluctuate and as the hybrid systems add thousands of dollars in costs, said Dan Bonawitz, Honda's U.S. vice president for product planning, in an interview at a briefing in Croton Falls, New York. Honda has sold 60,013 hybrids in the U.S. since its Insight car debuted in 1999.

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