The Insight took the crown from the Fit, also known as the Jazz in Europe, which was the best selling car in Japan in the month of March, its fourth consecutive month at the top since December 2008. In April, the Fit finished second behind the Insight with sales of 9,443 units. According to the automaker, this is the first time ever that Honda has occupied the top two best-selling car positions in Japan for any monthly sales period.
In the UK, the Honda Insight starts from £15,490 (US$22,900) on-the-road whereas the second-generation Prius begins from £18,370 (US$27,100). The Japanese automaker said that it expects to sell around 7,000 Insights in the UK this year while the annual global sales target is in the region of 200,000 units.
As part of its cost-cutting plan, Honda announced in December 2008 that it would withdraw from all Formula One activities while the automaker has also cut down on other 'expenses'. "Honda is trying to reduce every possible cost in various areas including manufacturing, sales and marketing activities to strengthen its business constitution to overcome the tough climate of today," the automaker said.
The show car also featured a set of side skirts and beefier seven-spoke alloy wheels. Even though the styling mods are minimal, the tweaked fascia would be a welcome change for both the European-market Accord and the Acura TSX.
With the new 2010 Honda Insight hybrid already undercutting the current generation Prius in price, it's a no-brainer that Toyota execs are starting to worry that Honda's hybrid proposal will have a serious advantage over the next-generation 2010 Prius as the latter will carry an even higher sticker. According to Japan's Nikkei Business daily, Toyota is planning to confront this problem with the introduction of a new, low-price, hybrid subcompact model that could find its way to overseas markets.
Although Toyota declined to comment on the report, Nikkei claims that the new gasoline-hybrid car will use many modified parts from the Prius with power coming from a smaller engine than the current model's 1.5-liter unit. The new model, that could hit the market as early as 2011, will reportedly cost 20 to 30 percent cheaper than the current Prius hybrid, which starts at 2.33 million yen ($23,500 with today's exchange rates).
The Honda Insight, that went on sale in Japan this February, has a starting price of just 1.89 million Yen, or with the current exchange rates, $19,200. In the U.S., the Insight will be priced from $19,800.
Source: Nikkei Business (Sub. Req)
However, judging from our past experience with these kind of press statements from automakers, we'd say that Honda's hot hatch is very, very close to production...
Besides confirming the existence of the car, the Japanese automaker also revealed some juicy new details. First of all, the hardcore three-door hatch is being developed in Japan by MUGEN EURO, the Northampton-based subsidiary of Honda's official tuning arm, and will be brought to the UK for further testing later in the year.
Honda said that the European Civic Type R 'MUGEN' will use the same powertrain as the Civic MUGEN RR saloon launched in Japan in 2007. This translates to a specially modified version of the Type R's 200HP 2.0-liter four banger producing 240-horsepower.
The Japanese firm added that as well as developing the engine, the hardcore Civic Type R MUGEN will benefit from brake system, exhaust and suspension upgrades while externally, the Civic will take on an a more aggressive stance, with a new aerodynamic package that includes a larger rear wing.
"In standard trim, the Civic Type R is a thrilling machine to drive," said Hiro Toyoda, Vice President of MUGEN EURO in a prepared statement. "It is a fantastic base model from which we hope to develop one of the quickest point to point front-wheel-drive road cars in the country."
Here's some more Mugen news for all you Honda fans. Along with the release of the first photos of the European specification Civic Type-R 3-door hatchback, the Honda parts specialist revealed its updated tuning package for the discreetly facelifted Stream MPV. Mugen's aero body kit features all the usual pieces such as a front spoiler, a rear spoiler and a roof-mounted rear wing. Additional exterior modifications include a sport grille, side skirts and 17-inch alloy wheels.
Owners of the 2010 Stream can also order a sports suspension, beefier brake system, a performance muffler with a single exhaust pipe and a sport air filter.
And by flavor we don't mean a high-revving four-pot but an exterior styling package that includes among other parts, a new rear bumper with a diffuser and specific tail lights, new 17-inch alloy wheels, body-hugging seats, sportier interior trim with aluminum decor and contrasting red stitching on the leather steering wheel and gear knob along with a sportier suspension setup.
And since the RST is supposed to be "sporty", the Japanese automaker decided to remove the third row of seats for weight saving reasons - that's what Honda supports in its press release. Would of made some sense if the RST was offered with a R-Type powertrain, but since it is available with the same 140HP 1.8-liter and 150HP 2.0-liter i-VTEC engines as the rest of the range, it just makes it less practical and nothing else.
In its most recent issue, Japan's Best Car magazine features an artist's impression of the production version of the CR-Z concept car, which is mentioned as the CR-ZX. Not surpassingly, the cosmetic changes suggested are limited compared to the prototype model.
The report supports that the so-called CR-ZX will be powered by a tweaked version of the Insight's mild-hybrid drivetrain combining either a 1.3-liter or a 1.5-liter gasoline engine with a more powerful electric motor. We remind you that the Insight is equipped with 1.3-liter gasoline four-pot and a 13HP electric motor generating a combined output of 98HP.
We must note that reports from this side of the Atlantic are suggesting that the CR-ZX will mate a more lively 1.8-liter engine to the electric motor. Could be that both sides are right as Honda may develop different versions for Japan and the US / Europe.
The magazine mentions that the CR-ZX will be making its production debut at this October's Tokyo motorshow with the first examples of the compact coupe arriving at domestic dealerships early next year. In a recent statement, Honda said that the CR-ZX will be available in most markets by the end of 2010.
Via: Best Car
