Ford better get ready to increase its hybrid productionIn just a few years, shoppers of Honda
hybrid cars will face a tough decision.
Should they buy the cheapest and smallest Honda hybrid, the
Fit or the larger
Honda Insight? Or, for those not interested in hatchbacks and desiring a little more passenger space, the
Civic hybrid might be better . Then again, maybe some Honda hybrid consumers won't care about size, but instead prefer something sporty like the
CR-Z sports hybrid.
So, why is Honda going hybrid crazy? Well, perhaps they've seen JP Morgan's latest hybrid prediction. By 2020,
according to JP, hybrid sales in the US will reach 19.4 percent of the new car market.
Shoot. If gas prices pull another 2008 in the next few years, I'd say that JP is underestimating the hybrid market. In fact, the way that Honda is ramping up its hybrid efforts, I wouldn't be surprised if Honda was hybrid-only by 2020.
Now, US automakers, that's a whole other story.
Labels: Honda, honda civic hybrid, honda cr-z hybrid, honda fit hybrid, honda insight hybrid, Hybrid Vehicles