PUBLIC MARKS from kzoo with tags honda & hybrid

Several years ago Toyota and Honda were the auto manufacturers who decided to build future cars which could partly use electricity and help to save on gas

In Tokyo in his year-end speech Takeo Fukui, Honda President proclaimed his company’s intention to become Toyota’s rival in the segment of hybrid vehicle production. In order to compete with Toyota’s leading role in this segment Honda is intending to invest much more funds in the development of hybrid technologies.

That big SUV in your garage feels as modern as a Nixon-era Olds 88. Global warming and our everlasting oil dependency are dimming the prospects of GM and Ford following Chrysler into the rear-drive V-8 sedan business. You could drive yourself to work in a Toyota Prius or one of the stealthier hybrids, but even at $3 per, the hybrid won t pay off for years. By then, the interest on your adjustable-rate mortgage could be sky high.