In his year-end speech, Honda’s CEO has announced the company’s vision to make hybrid vehicles responsible for 10% of its global sales by 2010. This would require 400′000 units to be hybrids - quite a lofty target. In 2006, hybrids represented a mere 1.5% of global sales.
Their success will depend greatly on the introduction of a new hybrid model in 2009, expected to constitute 200′000 of those units, along with a sports hybrid based on the CR-Z that was introduced at the Tokyo Motor Show.
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