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Latest Business News

Honda's Hybrid Accords Are Out

Tuesday, June 05, 2007 9:46:42 AM
By YURI KAGEYAMA

 In a file photo Honda Motor Co.'s hybrid car Accord  arrives at the Aichi Expo 2005 guesthouse from Kyoto at the end of an eco-car rally in Nagakute, central Japan, Thursday, June 9, 2005.  Honda will discontinue the hybrid version of its Accord sedans, the company said Tuesday, June 5, 2007, conceding Toyota's dominance with the hit Prius hybrid. (AP Photo/Katsumi Kasahara)TOKYO (AP) - Honda will discontinue the hybrid version of its Accord sedans, the company said Tuesday, ceding Toyota's dominance of the market with its Prius hybrid.

Honda Motor Co., Japan's No. 2 automaker, will continue to make gas-and-electric models of its Civic sedan, but stop offering the hybrid Accord with the new model expected to go on sale later this year, company spokesman Yoshiyuki Kuroda said in Tokyo.

The Accord hybrid, which is sold only in North America, was a dud, selling just 25,000 since going on sale in 2004, and just 6,100 last year.


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