New Ford and Honda Hybrids
It’s official: Ford has entered the hybrid sedan fray, with its Ford Fusion hybrid.
General Motors and Chrysler are on the ropes — they are teetering on the edge of bankruptcy and have already been given billions in bailout bucks.
Ford, however, despite its $14.6 billion losses in 2008, is not bidding for a bailout and, instead, is forging ahead with what may be a winner of a car.
The Fusion is Ford’s midsize car, in the same class as a Honda Accord or Toyota Camry, and now, according to Green Car Journal, it is developing a 2010 Ford Fusion hybrid, which is supposed to get 41 mpg highway and 36 mpg city. It would retail at around $27,000.
This may not be the time in our economy for most folks to buy a new car, but the tax break may make it easier overall.
Also of note: Honda is debuting its 2010 Insight hybrid, with retail price starting around $18,000. Rumor is that it will get about 40 mpg.
Both are supposed to be in showrooms this spring.