(Reuters) - Honda Motor Co's new hybrid car will cost around 1.5 million yen ($16,570), making it the cheapest hybrid in Japan when it goes on sale this fall, the Nikkei business daily reported.
The new car will cost about 400,000 yen less than Insight, Honda's other hybrid offering, and about 200,000 yen more than the gasoline-powered Fit compact car, the paper said.
The new car could travel 30 kilometers on a liter of gas, compared with Fit's 24 km/l.
