HONDA INSIGHT HYBRID
PRICED LESS THAN $19,000
TORRANCE, Calif., Dec. 9 — The first
gasoline-electric hybrid to go on sale in America will have a Manufacturer's
Suggested Retail Price (MSRP) of $18,880 when it reaches dealerships December
15, American Honda Motor Co., Inc., announced today.
The Insight earned the EPA's top mileage rating
ever, 61 mpg in the city and 70 mpg on the highway. In addition to its
outstanding mileage rating, the Insight also meets California's stringent
Ultra-Low Emission Vehicle (ULEV) standards. The Insight with factory-installed
automatic climate control will be priced at $20,080.
"The Insight is a continuation of Honda's
philosophy of making the latest environmental technology accessible to
consumers," said Tom Elliott, executive vice president of American Honda Motor
Co., Inc. "By pricing the Insight at less than $19,000, it becomes obtainable to
a broader range of car buyers."
The Insight features Honda's Integrated Motor
Assist™ (IMA) system, which combines a 1.0 liter, 3-cylinder gasoline engine
with electric motor assist for improved efficiency. The electric motor is
powered by a nickel-metal hydride (Ni-MH) battery pack. The IMA™ system
automatically recharges the battery pack, using energy generated during braking.
As a result, the Insight does not require an outside source of electric power
and never needs to be plugged in.
The sporty two-seater incorporates an advanced
aerodynamic design and an aluminum body, over 45 percent lighter than a
comparable steel-bodied model, highlighting the culmination of 40 years of Honda
research into lighter, more fuel-efficient and cleaner-burning vehicle
The Insight also features a full complement of
comfort and convenience features, including variable-assist electric power
steering, power windows, mirrors and door locks, AM/FM stereo cassette player
and full electronic instrument display.
In addition to meeting current safety standards,
the Insight meets 2003 safety standards for side-impact and head-injury
protection. Other safety features include anti-lock brakes (ABS), an Immobilizer
Theft-Deterrent System and remote keyless entry.
"This year alone, two out of every three Hondas
sold in the U.S. will be equipped with advanced low-emissions technology," said
Elliott. "Honda is committed to the environment and the continuing development
of cleaner and more fuel-efficient vehicles."