Honda to Discontinue Insight Hybrid

Bloomberg

Speed Read:

Hon­da will end pro­duc­tion of its Insight hybrid this month

The Insight  is still the most fuel effi­cient non-plug-in car  with an EPA rat­ing of 61 mpg high­way and 53 mpg com­bined.

Drill-Down Details:

  • The five-door hatch­back was intro­duced in the 2010 mod­el year as a com­peti­tor to the Toy­ota Prius
  • Its low­er fuel econ­o­my, small­er size and me-too styling nev­er caught on with cus­tomers
  • It costs sev­er­al thou­sand dol­lars less than the Prius.
  • Sales of the Insight num­bered just 4,802 last year, com­pared to 145,172 for the Prius.
  • The cur­rent Insight is rat­ed at 42 mpg com­bined, trail­ing the 50 mpg Prius as well as Honda’s new Accord Hybrid sedan at 47 mpg.
  • A Hon­da spokesper­son would not say if the com­pa­ny is plan­ning an Insight replace­ment.
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