The battle between Honda’s new hybrid warrior, the Insight and Toyota’s established player, the Prius, is finally underway.  Of course, the Prius in question is the current second-generation model, not the upcoming third generation Prius.
After months of competitive pricing announcements and fuel economy counter-claims between the two Japanese giants, Honda has stepped up to claim [...]

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The purchase of a hybrid vehicle was an attractive proposition when the global price for oil was heading north of AUD$140 a barrel. Now having fallen below AUD$40 a barrel, and with pump prices having fallen everywhere, the ‘value equation’ for the hybrid has been severely weakened.

Price premiums on hybrid models coupled with the falling [...]

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