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Honda says to launch hybrid-only car in early 2009

TOKYO
Tue May 20, 2008 10:46pm EDT

TOKYO (Reuters) - Honda Motor Co said on Wednesday it would launch a new hybrid-only car in Japan and the United States in early 2009.

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Honda Chief Executive Takeo Fukui told a news conference the company expected to post annual sales of 500,000 units combined of four hybrid models, adding that the company planned to launch a hybrid version of its Fit subcompact car.

Honda, Japan's No.2 automaker, has said it expects to sell more than 4.5 million cars and 18 million motorcycles worldwide in 2010. Last year, it sold 3.767 million cars and 13.48 million motorcycles.

(Reporting by Chang-Ran Kim)
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