The Honda Fit, which is already popular in Europe and Asia, is coming to the United States this spring. A hybrid version that would sell for less than $12,000 is in the works, according to reports.
A five-door hatchback, the Honda Fit has a fuel economy rating of 33 miles per gallon in the city and 38 miles per gallon on the highway. A hybrid version could boost that figure to up to 80 miles per gallon, according to a Japanese newspaper.
Honda's current low-priced hybrid vehicle is the 2006 Insight Hybrid with a suggested starting price of $19,330. Honda says a three-door, manual-transmission model can get up to 66 miles per gallon.
The next model up is the 2006 Honda Civic Hyrid which has a base price of $21,850 excluding fees and extras.