Read
- IRS official refuses to answer questions at scandal hearing
|
- Global stocks, oil fall after Bernanke; dollar gains
|
- Oklahoma tornado victims astounded at how they survived
|
- CORRECTED-White House threatens veto of bill to bypass Obama on Keystone
- Man linked to Boston bombing suspect killed by FBI in Florida
Sponsored Links
Honda to scrap 2 models globally, gas-run Civic in Japan- Nikkei
July 16 |
July 16 (Reuters) - Honda Motor Co (7267.T) would stop selling two of its longstanding brands and phase out the gas-powered Civic in its domestic market, to focus on green vehicles and low-priced cars, the Nikkei business daily reported.
The No 2 Japanese carmaker, which is now focusing on low-priced cars for India and other emerging markets, will stop the Legend and the Elysion models, and sell only the hybrid version of the Civic in Japan, the daily said.
The carmaker will roll out an all-new Civic worldwide around 2011 fall, the paper said.
As part of its domestic production retooling, Honda has decided to resume construction of a hybrid-car factory in Yorii, Saitama Prefecture, but will scrap plans to build a minivehicle plant in Mie Prefecture, the daily said. (Reporting by Nivedita Bhattacharjee in Bangalore)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters