Inside Line reports that the Honda Fit, a hybrid that gets 80-mph and costs under $12,000 may be on sale in the U.S. next year.
According to the report, a Fit hybrid would be priced at about $11,790, which the paper said would make it the world's first hybrid car priced under 2 million yen, or about $16,840.
Honda already has Accord and Civic hybrids and the groundbreaking Insight, the first gas-electric hybrid car on the U.S. market. If the Fit hybrid does go on sale at under $12,000, that price would sharply undercut the hybrid offerings of Honda's rival Toyota. The standard gasoline-engined Fit is set to go on sale in the United States later this year.
Autopia says that the Honda Fit may be sacrficing some rear storage space to make room for hybrid batteries. Reuters also has a story on the possibility of a cheap Honda Fit hybrid.