Honda has been diligently working on its Toyota Prius-fighter, a dedicated Honda hybrid expected to go on sale early in 2009. But they recently pulled out the trump card in this battle royal — a starting price of just $18,500. The five-door, five-passenger hybrid-only car will get to that low, low price point by using a greatly simplified — and 50% cheaper — version of its Integrated Motor Assist hybrid system. Seems the mileage wars are really starting to heat up.
[Source: Jalopnik]
Honda Hybrid: Honda Hybrid To Start at $18,500, Wipe Smug Smile Off Prius' Face