Jun 24 2013, 1:30pm CDT | by Shane McGlaun
Automotive manufacturer Honda is betting big on a hybrid version of its flagship Accord sedan. The Honda Accord is currently one of the best-selling automobiles on the market. Honda competitor Toyota already has a hybrid version of its Camry sedan. The new Honda Accord hybrid will be significantly more expensive than a hybrid version of the Camry.
Bloomberg reports that Honda has priced its Accord hybrid at 20% more than the hybrid Camry. Honda believes it's buyers will pay extra for improved fuel economy. Sales of the new Accord hybrid kicked off over the weekend in Japan with the starting price equating to $38,000 here in the US.
The hybrid Honda Accord will go on sale in the US in October. Honda expects big things with sales of the Accord increasing 23% this year while they have dropped by 5.5% for the Camry. The hybrid Honda Accord has a fuel efficiency rating of 30 km a liter is measured under the Japan JC08 testing standards. That compares to the Camry hybrid achieving 23.4 km per liter.
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.
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